4230 Results from /regulation
Ben O'Brien Managing Director at Jaywing
The Prudential Regulation Authority have taken another step towards implementing their vision of managing prudential risk for smaller financial institutions through the publication of CP 5/22, “The Strong and Simple Framework: a definition of a Simpler-regime Firm”. As the name suggests, this latest publication outlines the proposals for the defin...
25 July 2022 /regulation Banking Regulations
Ivan Aleksandrov CSO | Core banking, BaaS, Fintech Advisory at Advapay
Before applying for a Payment Institution (PI) or Electronic Money Instituion (EMI) licence, you should earnestly assess your chances by taking a look at your company through the eyes of the regulator. If you think you might not yet be ready to apply, take care to fix the flaws, instead of waiting for the regulator to point them out to you. In ad...
21 July 2022 /regulation /startups Fintech
Nickii Mallia Business Development Manager at Aqubix Ltd - KYC Portal
You never get a second chance to make a great first impression and since onboarding a new client is your first main contact between your company and your new client, the experience should not be confusing or frustrating. The onboarding experience is often viewed as the foundation for what dealing with your company will be like, so having a trustwo...
21 July 2022 /regulation /retail RegTech
Nick Green Director at Purple Patch Broking Ltd
Credit and procurement teams are now facing a huge number of pressures when it comes to delivering the best customer service while cutting costs internally at the same time. The rising costs of utilities and fuel combined with low interest rates and unsustainable cost-income ratios means that organisations need to look to cut costs without comprom...
21 July 2022 /regulation /retail Financial Supply Chain
Frank Cummings CEO at AML Partners LLC
Environmental and Social Governance may force different decision-making in ethical gray areas of revenue streams Unlike Governance, Risk and Compliance (GRC), Environmental and Social Governance (ESG) prioritizes informing the public on how corporations handle their environmental and social obligations. Regulatory reporting remains a feature o
20 July 2022 /regulation RegTech
Katie Hunter Senior Marketing Manager at Aveni
Speech analytics has been commonly used for a number of years, evolving from a novelty add-on to a powerful solution for businesses to improve their processes. With the Financial Conduct Authority’s Consumer Duty of Care proposal, speech analytics has gone from being a nice-to-have to a necessity that firms must adopt to meet requirements or risk ...
20 July 2022 /regulation /startups RegTech
Retired Member
Financial institutions are well aware of the importance of transparency around risk. They need to be ready at any moment to respond speedily to regulatory requests, able to demonstrate at the press of a button their operational resilience from a capital adequacy point of view. It is becoming increasingly desirable that they should be able to repli...
19 July 2022 /regulation Fintech
Timo Lehes Co-founder at Swarm
Regulators across the globe have been stepping up their anonucements around crypto. These developments are set in a conext of a recent liquidity cascade in crypto markets that prompted many crypto lenders and funds to freeze clients' ability to withdraw their assets. I look at three key news items in crypto regulation that emerged this week: Regul...
18 July 2022 /regulation /crypto Decentralized Finance (DeFi)
Harriet Christie Chief Operating Officer at Mirrorweb
Following a year of intense highs and lows in the crypto market, March 2022 saw speculation intensify around a White House Executive Order that was supposedly imminent. President Biden signed the document on Wednesday March 9th, in what many viewed as a potential watershed moment for the industry. Legislative upheaval is, however, a meticulous pr...
18 July 2022 /regulation /crypto Cryptocurrency Insights
Cost savings for fintechs have always been important but in the current economic climate and in the wake of the COVID-19 pandemic, it has become increasingly important to save costs where possible. Fintechs who can effectively save costs without impacting customer experience will have the ability to compete on price and value with competitors whil...
14 July 2022 /regulation /retail Fintech
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