4230 Results from /regulation
Rodrigo Zepeda CEO at Storm-7 Consulting Limited
By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTION The ‘Model Mandatory Disclosure Rules for CRS Avoidance Arrangements and Opaque Offshore Structures’ (MMD Rules) were published by the Organisation for Economic Co-operation and Development (OECD) on 9 March 2018. Firms should note that the international legal framework supporting the implem...
22 June 2022 /regulation /crime Exposing Financial Crime
Gabriel Hopkins Chief Product Officer at Ripjar
As recently as 2020, the Centre for Social Justice estimated that there were 100,000 or more modern slaves in the UK. And estimates suggest that globally indentured labour generates between $50-150bn. Criminal gangs use various sophisticated psychological, financial, and physical techniques to maintain control over their workforce. Often targeting...
21 June 2022 /regulation /crime RegTech
By Rodrigo Zepeda, CEO, Storm-7 Consulting This multi-part series of blogs will introduce readers to what have been generally referred to as the ‘Model Mandatory Disclosure Rules’ (MMD Rules). Their full title is the ‘Model Mandatory Disclosure Rules for CRS Avoidance Arrangements and Opaque Offshore Structures’. This Briefing Series will provid...
21 June 2022 /regulation /crime Exposing Financial Crime
Nick Green Director at Purple Patch Broking Ltd
The credit data landscape is more competitive than ever with fintechs leveraging innovations like Open Banking. Plus, new unsecured lending options like BNPL are even overtaking credit card use. But with credit bureaux charging organisations different prices for the same data, there’s a much greater need for fintechs to understand how their contra...
21 June 2022 /regulation /retail Financial Supply Chain
Joost Van Houten Founder & CEO at Sentinels
The advent of artificial intelligence (AI) and machine learning (ML) in financial services is pushing the eternal battle against money laundering into a new phase. For some time, in a bid to curb the amount of illicit finance passing through their systems and to comply with ever-tightening regulations, financial institutions have been throwing mone...
20 June 2022 /regulation /crime Banking Regulations
According to an FCA survey, in 2020, 81% of UK adults had used a form of regulated credit within the last 12 months. As consumers move away from traditional, regulated forms of credit (like credit cards), how is the unsecured credit market shaping up? It’s changing rapidly — with fintech products becoming more easily accessible than ever before. W...
16 June 2022 /regulation /retail Financial Services Regulation
Daniel Pujazon Policy Lead at PagoNxt
The past decade has seen many different digital transformation trends reshape the way consumers and businesses interact never more than in the wake of the covid-19 pandemic. The financial services sector has seen an acceleration in payments innovation, with online intermediation and e-commerce’s exponential expansionbeing perfect examples of this ...
14 June 2022 /payments /regulation
By Rodrigo Zepeda, CEO, Storm-7 Consulting Limited [Part IV of a four part blog series] It has been widely published in the media that the United States (US) fund manager ‘Elliott Management’ has commenced a judicial review claim against London Metal Exchange (LME) in the English High Court via its affiliates, Elliott Associates LP (EALP) and Ell...
13 June 2022 /regulation /markets Law and Finance
Retired Member
I have recently posted about our conversations with Stephanie Feldt, Chief Compliance Officer & General Counsel at Trading.com and Shelley Schachter-Cahm, Chief Compliance Officer at CEX.io. Today, I’ll tell you more about our chat with Livia Benisty, Global Head of Business AML at Banking Circle. Livia has a wealth of experience in the Finan...
13 June 2022 /regulation /people Women in FinTech
By Rodrigo Zepeda, CEO, Storm-7 Consulting Limited [Part III of a four part blog series] Fund manager ‘Elliott Management’ has commenced a judicial review claim against London Metal Exchange (LME) in the English High Court via its affiliates, Elliott Associates LP (EALP) and Elliott International LP (EILP). The LME has publicly asserted that this...
09 June 2022 /regulation /markets Law and Finance
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