4364 Results from /regulation
Yahya Mohamed Mao Head of Business Development & Marketing at Swiss GRC
In the race to embrace digital transformation, both the European Union and Saudi Arabia have embarked on distinct journeys. The EU, represented by its Digital Finance Package, seeks to revolutionize its financial landscape, while Saudi Arabia's Vision 2030 propels it towards a diversified economy. This article examines the progress made by both re...
12 June 2023 /regulation /markets Financial Transformation
Mick Fennell Business Line Director and Head of Payments at Temenos
Money20/20 in Amsterdam comes at a pivotal time for the payments industry. Europe itself is seeing a surge in instant payment initiatives set to reshape the payment landscape. Embedded finance is gaining momentum, allowing companies to seamlessly integrate financial services into the customer experience. Additionally, ISO 20022 SWIFT and RTGS roll...
08 June 2023 /payments /regulation SEPA and European Payments
John Goodale Executive Director, Head of Europe at Ubiquity
In one of the biggest shake-ups to how fintech firms approach their customer experience (CX) strategies, the U.K.’s Financial Conduct Authority is introducing new Consumer Duty rules that will come into force at the end of July for a range of existing and new card accounts, bank accounts, consumer credit, and other financial products like mortgag...
08 June 2023 /regulation Customer Service 2015-2019-2025
Stan Cowan
Check fraud is a persistent issue, even in our rapidly evolving digital world. The crime may seem almost antiquated, but it poses a real threat to both individuals and businesses. With this in mind, we'll delve into understanding check fraud, its various forms, the impact it has, and most importantly, the preventive measures that can be taken. Che...
07 June 2023 /regulation /crime Financial Risk Management
Anna Monteiro Global Head of Business and Product Development at www.solutions-atlantic.com
Most regulatory activity for foreign direct investment in this first half of 2023 has been focused on issuing consultations for proposed changes to existing laws. Several countries issuing consultations in the first 6 months of the year include: Australia: issued a consultation in March as part of its foreign investment reforms which resulted in ...
06 June 2023 /regulation /markets Financial Services Regulation
Daniel Schlaepfer CEO at Select Vantage Inc
A new report from Acuiti Management Intelligence has found that almost half of EU and UK-based proprietary trading firms are considering moving to a different jurisdiction to avoid increasingly burdensome regulation. The report also found that a quarter of the firms surveyed are looking at potentially giving up their Mifid II licenses and exiting ...
05 June 2023 /regulation /markets Banking Regulations
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Recently several medium-sized banks in the US (i.e. First Republic Bank, Silicon Valley Bank and Signature Bank) came into trouble, after their customers lost trust (i.e. the trust of being able to retrieve their money at any moment) in these banks. This resulted in an unstoppable and lightning-fast run on the bank. Analysts call the collapse of S...
01 June 2023 /regulation /retail Banking Strategy, Digital and Transformation
Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
The UNEP FI's Principles for Responsible Banking (PRB) aim to mobilize private finance towards the United Nation's Sustainable Development Goals (SDGs) and the Paris Climate Agreement (PCA) goals to address the nature, climate and pollution crises. The UNEP FI's implementation framework prescribes explicit accountabilities for signatory banks, req...
01 June 2023 /regulation /sustainable Sustainable compliance
Alex Ford President, North America and Chief Revenue Officer at Encompass | RegTech Association | Women in RegTech
RegTech solutions have become increasingly critical for banks looking to accelerate digital transformation initiatives to power operational efficiency and ultimately, growth. While compliance teams value the speed, accuracy and control that RegTech solutions provide, executives see benefits in the efficiency and scalability that is delivered. I
01 June 2023 /regulation /wholesale Innovation in Financial Services
Retired Member
A few weeks ago, the Treasury's consultation into the Regulatory Regime for Cryptoassets closed. First published back in February, the consultation asks for views on the Government’s intended regulations of cryptoassets. This is the second main stage in crypto regulation – moves to regulate stablecoins, where used as a means of payment, are alread...
30 May 2023 /payments /regulation Cryptocurrency Insights
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.