4488 Results from /regulation
Retired Member
Three months have passed since the day GDPR came into effect, May 25th, 2018. The noise around new terms and conditions has died down, and astonishingly we are still non-European firms and web sites like the LA Times and the Chicago Tribune denying access to EU visitors on the basis of GDPR - one has to draw the conclusion that these firms have
24 August 2018 /regulation
Matthew Phillips Head of Banking, UK and Ireland at Diebold Nixdorf
No, I don’t mean that DNA testing or biometrics necessarily have to be part of every security system, for every financial services firm out there. What I do want to explore, is how financial services firms can strategise, and embed a commitment to security into their make-up. Doing this allows organisations to plan and prepare their response to thr...
23 August 2018 /security /regulation
Henri Wajsblat Financial Services Expert at Anaplan
The International Financial Reporting Standard 17 standard (IFRS17) is not just another regulation – it will fundamentally change the way that insurers can and will operate around the world. At its core, IFRS17 will create an international, uniform view of insurers’ reporting of financial statements. Where previously each regional market disclosed...
23 August 2018 /regulation Financial Services Regulation
Over the past 10 years since the financial crisis, there has been a seismic shift in the regulatory landscape affecting all financial services firms. In order to avoid another meltdown, new rules and regulations have been created, and regulators have become increasingly more vigilant at policing compliance with the myriad of new rules. More recent...
22 August 2018 /regulation
Recent research has found that the financial services industry is the sector most heavily investing in cybersecurity solutions, increasing investment 85% compared to last year. With daily headlines of breaches and the demands of the GDPR this investment might be unsurprising. The financial services industry is under immense pressure to keep data...
21 August 2018 /security /regulation Information Security
How CIPs Fail to Uphold AML and BSA Customer Identification Programs (CIPs) were put in place to reduce identity fraud for individuals and banks, but these programs fall short in complying to various Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) regulations and their requirements due to a number of reasons. Banks, savings associations, cr...
20 August 2018 /regulation Banking Strategy, Digital and Transformation
Shirish Netke President at Amberoon
On the same day that the prosecution rested its case against Paul Manafort, the U.S. Attorney’s office in Tucson, AZ got a seven-year sentence against a fraudster for a money-laundering scheme; a former Microsoft employee was sentenced to 18 months after pleading guilty to conspiracy to commit money laundering; a messy FBI sting involving money l...
18 August 2018 /ai /regulation Banking Regulations
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
Conversation-as-a-Service enables an individual to benefit from contextual knowledge expressed directly to them. The individual controls the dialogue through the options they select, which can be enriched, if needed, through contextual explanations in the form of further dialogue, pictures and videos. This revolution in interaction is slowly gaini...
13 August 2018 /ai /regulation Business Knowledge for IT
Shailendra Malik SVP - Tech Delivery (Enterprise Search) at DBS Bank
Audit has always been a support function for banks that has served as the last line of defence for keeping the organisation safe from external attacks and provide assurance to business & stakeholders about the safely of the business from any malicious attempt to harm the data or assets of the business. With all companies virtually converting i...
09 August 2018 /ai /regulation Internal Auditors in Financial Services
Brie Lam Regulatory Compliance Consulant at Independent
OTC derivatives market participants are receiving a growing number of requests from their dealers to novate swaps from a one entity to another within the same dealer group. Many of these requests are borne out of regulatory necessity, particularly ring-fencing rules coming into force for large dealers in the UK beginning on 1st January 2019 in co...
08 August 2018 /regulation Capital Markets Technology
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.