4242 Results from /regulation
Anton Roe CEO at MHR
In 2025 the UK economy is expected to grow modestly with GDP predicted to rise by 1.5%. While this marks an improvement from recent years, the UK continues to lag other major global economies such as the US and Germany. External factors and macroeconomic conditions have affected productivity and investment, contributing to this slowdown in growth...
13 December 2024 /regulation /predictions
Retired Member
In today's digital landscape, where data breaches and cyber threats are increasingly prevalent, ensuring the security of sensitive information is more important than ever. ISO 27001, the global standard for information security management systems (ISMS), provides a comprehensive framework for protecting information assets from a wide range of threa...
13 December 2024 /security /regulation
Nick Green Director at Purple Patch Broking Ltd
When is the best time to renegotiate a credit bureau contract? With costs, data quality, and your organisation's changing needs on the line, the timing of renegotiation can make all the difference in maximising contract value and ensuring your contract stays aligned with your business goals. Acting too late can leave you stuck overpaying or ope
12 December 2024 /regulation /retail Banking
Steve Morgan Banking Industry Market Lead at Pegasystems
Regulators around the world are taking various approaches to address the challenges and opportunities presented by AI in financial services. It is very much still an evolving landscape, with specific requirements already different across regions. It is certainly a space to watch, and I believe that regulations are needed as much on AI as they are ...
10 December 2024 /payments /regulation Banking Regulations
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Last Friday, I had the opportunity to attend the Digital Finance Summit in Brussels, an annual fintech conference organized by Fintech Belgium. It was a packed day of networking, reconnecting with old acquaintances, and attending insightful keynotes and thought-provoking debates. Clearly, the Belgian fintech scene remains vibrant, delivering exci
09 December 2024 /regulation /people Banking Strategy, Digital and Transformation
Mike Dekock Founder and CEO at MJD Advisors
It’s easy to understand how an annual risk assessment can feel like a mundane administrative burden, especially in the fast-paced financial services sector. In an industry where the stakes are high, the pace relentless, and customer trust paramount, it’s tempting to reduce this essential exercise to checking a box. The idea of formally evaluating ...
09 December 2024 /ai /regulation Artificial Intelligence
Paul Chambers Product Manager at Xceptor
The UK Accelerated Settlement Taskforce’s recent recommendations could mark a fundamental shift for the UK financial markets. By drawing on lessons from North America's T+1 implementation, the taskforce has highlighted that inadequate automation could lead to increased manual workflows and exception handling, creating unnecessary operational s...
09 December 2024 /regulation /markets Capital Market Technology
Rajeev Verma Consultant at Tata Consultancy Services Ltd
Introduction The financial services industry stands at the cusp of a transformative era with Generative Artificial Intelligence (Gen AI) emerging as a powerful tool to revolutionize operational efficiency, compliance, and strategic decision-making. As a critical sector governed by complex regulatory frameworks, the Banking, Financial Services, a...
09 December 2024 /ai /regulation Artificial Intelligence and Financial Services
On November 29, 2024, the European Commission introduced the Commission Implementing Regulation (EU) 2024/2956, laying down detailed technical standards for the application of Regulation (EU) 2022/2554, known as the Digital Operational Resilience Act (DORA). This update, which will officially come into force 20 days after its publication in the Off...
05 December 2024 /regulation /retail Financial Services Regulation
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The 29th of November 2024, the Financial Conduct Authority (FCA) published Policy Statement PS24/17, which introduced significant updates to its Financial Crime Guide (FCG). These revisions followed a consultation period launched in April 2024 (CP24/9) and were driven by the FCA’s ongoing commitment to ensuring that firms possess robust systems...
04 December 2024 /regulation /crime Fintech
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