4227 Results from /regulation
Anusha Sivaramakrishnan Consulting Partner at TCS
Artificial Intelligence is advancing at an exponential rate and rapidly changing the world around us in all sectors. Being cognizant of the risks associated, the countries around the world have started drafting and implementing regulatory frameworks to ensure that AI systems are safe, secure, and trustworthy. Leading technology firms, governments ...
17 January 2024 /regulation Capital Markets Technology
Shahzaib Muhammad Feroz Digital Marketer at AKS iQ
In the ever-evolving landscape of global trade, Artificial Intelligence (AI) models emerge as prescient fortune-tellers, predicting the unpredictable by identifying unusual trade patterns before they unfold. These advanced models leverage machine learning algorithms to analyze vast datasets, discerning subtle anomalies that might elude traditional...
12 January 2024 /regulation RegTech
Boris Bialek Vice President and Field CTO, Industry Solutions at MongoDB
On the 28th of May, 2024, the Securities and Exchange Commission (SEC) in the United States will implement a pivotal change in the securities trading sector: moving to a T+1 settlement cycle. This shift – reducing the settlement period from two business days after the trade date to just one – is a strategic move to mitigate market volatility a...
11 January 2024 /regulation /cloud Artificial Intelligence and Financial Services
Ken Wan Senior Solutions Architect at SAS
Thank you to technological advances, it is becoming increasingly convenient for consumers to carry out online transactions, such as online purchases and money transfers by clicking on a link or using a mobile phone number (authorised push payments). On the other hand, the increasing acceptance of online transactions makes it easier for fraudsters ...
11 January 2024 /regulation /crime Banking
Steve Marshall Director of Advisory Services, at FinScan
Increasing geopolitical instability, regulatory developments, and technological advances are set to contribute to a rapidly changing anti-money laundering (AML) landscape in 2024. Here, we look at each of these key themes in more detail. Geopolitical instability Geopolitical instability, particularly the Israel-Gaza war, will have huge ramification...
10 January 2024 /regulation /crime RegTech
Ravishankar Poonjolai Consulting Partner at TCS
Alternative investments such as private equity, private debt, and real estate are long term in nature with higher fund management charges and a complex structure. So, they are more suitable for institutional investors for the additional growth potential than peers in public. Hence retail investors also want to include alternatives in their overall...
10 January 2024 /regulation /wealth Alternative Investments
Aviel Erdis CEO at CheckMate
A thought on the PSR’s recent statement on APP reimbursement policy: Under the Consumer Standard of Caution, “consumers should have regard to interventions made by their sending PSP […] those interventions must clearly communicate the PSP’s […] assessment of the probability that an intended payment is an APP scam”. Should the consumer not meet th...
09 January 2024 /regulation /crime Banking Strategy, Digital and Transformation
Since January 1, 2024, the U.S. government now requires many firms to report information about who ultimately owns and controls them as an effort to ‘make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies or other opaque ownership structures’. The new requirement is enforced through the Beneficial Owne...
04 January 2024 /regulation /crime RegTech
Steve Wilcockson Product Marketing at Quantexa
2023 was a troublesome year for many on our planet – wars, violence, population displacement, catastrophes, extremism, higher costs of living and poverty. Folks working in our industry were comparatively lucky, some of us invigorated by the exciting GenerativeAI tornado. Just as HFT transformed the vocabulary of capital markets in the 2000s, and d...
03 January 2024 /regulation /markets Artificial Intelligence and Financial Services
Raktim Singh Senior Industry Principal at Infosys
Resilience is a process and an outcome of effectively adjusting to life's challenges and adversities, specifically through the exhibition of mental, emotional, and behavioral flexibility, as well as the ability to endure internal and external pressures. Organizational resilience pertains to the capacity of a business to proactively foresee, prepa...
02 January 2024 /security /regulation Financial Risk Management
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