4360 Results from /regulation
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
Chris Principe CEO at APB, Inc.
Everything Effects Everything - The weight of Artificial Intelligence (AI) is growing everyday even if we do not see it. The use of AI goes back years before most had ever heard the term AI. Slowly AI has been ingrained into our lives. It has become our helper, guide or unseen force that pushes us without us noticing that we are being pushed. AI ...
30 May 2023 /regulation /sibos Fintech
Curbing deposit limits for bank customers via Post Offices is an easy win, but for true progress in national anti-money laundering (AML) efforts there is still more to do It makes sense to implement some quick fixes to support efforts to combat fighting financial crime, but a bolder approach may be required in light of the UK regulator’s move to cu...
25 May 2023 /regulation /crime
Johnny Steele Head of Banking, UK & Ireland at SAS
The PRA’s new supervisory statement extends banks’ model risk management obligations “across all models” - not just capital and stress testing. What steps must banks take to comply? Despite last year’s government pronouncements about rolling back restrictions and cutting through red tape, 2023 is already looking like a big year for regulatory chang...
25 May 2023 /regulation Banking Regulations
Delia Pedersoli COO at MultiPay Global
It's been a difficult few months for the retail sector. The war in Ukraine, the transition to a post-Covid economy, and managing Brexit have created many challenges for retailers. Retail businesses have been feeling the squeeze from every side, from more red tape around imports and exports to reduced sales volumes and increased pressure to control...
24 May 2023 /payments /regulation
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