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Latest Results from /regulation

/regulation

Open finance could boost UK GDP by £30.5 billion says CFIT CEO

The Centre for Finance, Innovation and Technology (CFIT) has published its report on the benefits of open finance in line with the Kalifa Review.

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Wirecard whistleblower launches confidential reporting tool

Pav Gill, the whistleblower who helped demolish German payment processor Wirecard, has launched a new platform for employees and shareholders to express their concerns over corporate missteps without fear of retaliation or exposure.

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EU adopts instant payments rules

The European Council has adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries.

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Texas Blockchain Council challenges US DoE on bitcoin mining data

The Texas Blockchain Council (TBC), a non-profit industry association, has initiated legal action against the Energy Information Administration (EIA) over cryptocurrency mining data collection.

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NextGen Nordics 2024: NPC’s Camilla Åkerman on navigating payment complexities

NextGen Nordics is returning to Stockholm on the 23rd of April and we are pleased to announce Camilla Åkerman, secretary general of the Nordic Payments Council (NPC), will be joining us as our keynote speaker.

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Frankfurt wins race to host new EU anti-money laundering agency

Frankfurt has won the race to host the EU's new Anti-Money Laundering Authority (AMLA), beating out competition from eight other cities, including Dublin, Madrid and Paris.

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Singularity raises $2.2m to help institutions access DeFi

Singularity, a startup developing a protocol to provide institutions with compliant and confidential access to DeFi, has raised $2.2 million.

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ECB officials liken crypto regulation to providing new clothes for a 'naked emperor'

Senior payments experts at the European Central Bank have billed the SEC's approval of spot exchange-traded funds (ETF) for bitcoin as an example of the 'naked emperors new clothes', legitimising a currency whose fair value as an asset is effectively zero.

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Singapore warns banks to prepare for quantum computing cyber threat

The Monetary Authority of Singapore has told the country's financial institutions to make sure they are prepared for the rising cybersecurity risks posed by quantum computing.

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ECB warns banks on outsourcing risks

The European Central Bank is warning banks that their management of outsourcing risk must improve, with a stringent focus on the processing of personal data.

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Napier AI lands £45 million in funding

UK financial crime RegTech Napier AI has landed £45m in backing from US-based Crestline Investors.

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Due diligence fintech spektr launches

Danish startup spektr has raised EUR5 million in seed funding for its platform to help financial sector firms with their due diligence processes.