Tag: financial compliance
Barclays Fined £42M Due to Failures in Money Laundering Risk Management
Exploring the Consequences of Inadequate Compliance in BankingHighlights: Barclays has been fined £42 million for lapses in its anti-money laundering controls.The UK's Financial Conduct...
EBAday 2025: Navigating the Complex European Regulatory Landscape
Understanding Compliance in the Evolving Financial Sector for a Sustainable FutureHighlights: Insight into the key regulatory changes expected in the European financial sector by...
Capgemini Unveils Perpetual KYC Sandbox for Real-Time Compliance
A groundbreaking solution designed to transform financial institutions' KYC processes with continuous monitoring and automation
Highlights:Industry-First Innovation: Capgemini introduces a perpetual KYC (pKYC) sandbox...
TD Bank Tops 2024 Bank Fines Chart with Record Penalties
Exploring the Impact of Regulatory Actions on Banking InstitutionsHighlights: TD Bank faces the largest fines in 2024, amounting to significant penalties.The article discusses the...
Verification of Payee: Prepare for October 2025 Deadlines
Essential Steps for Financial Institutions to Comply with Upcoming RegulationsHighlights: The October 2025 deadline mandates the implementation of verification processes to combat fraud.Financial institutions...
Compliance Professionals Divided on the Value of AI in Regulatory Practices
Exploring the Perspectives of Compliance Experts on AI Implementation in Financial RegulationsHighlights: Compliance professionals show mixed feelings about AI's role in enhancing regulatory practices.Some...