Tag: Compliance
FCA Streamlines Transaction Reporting Requirements for Financial Firms
New measures aim to ease compliance and enhance operational efficiency.Highlights: FCA aims to reduce compliance burden for financial firms.New rules focus on streamlining transaction...
Top Tech Suppliers to Banks Under Regulatory Scrutiny
Key players in financial technology face new oversight requirements.Highlights: Thirteen major tech suppliers to banks identified for regulatory oversight.The move aims to enhance compliance...
FundApps and SteelEye Merge to Enhance UK RegTech Solutions
A strategic merger signaling significant advancements in regulatory technology.Highlights: FundApps and SteelEye announce a significant merger.This merger aims to improve regulatory compliance solutions.Enhanced offerings...
Judge Halts CFPB Open Banking Rule Amid Compliance Concerns
New regulatory landscapes face hurdles as a judge intervenes in banking reforms.Highlights: A federal judge temporarily blocks the CFPB's open banking regulation.The decision raises...
FCA Fines Metro Bank £16.7M Over Inadequate Financial Crime Controls
The Financial Conduct Authority (FCA) has imposed a £16.7 million fine on Metro Bank due to failures in its financial crime monitoring systems...
Kaizen Secures £42M Investment to Expand Regulatory Compliance Solutions
Kaizen, a UK-based regulatory compliance solutions provider, has received £42 million in minority investment from Guidepost Growth Equity.
This funding aims to support...