Tag: Regulation
Revolut reportedly in talks with the UK’s FCA over AML failures
Financial super-app Revolut is in talks with the UK's Financial Conduct Authority (FCA) regarding alleged anti-money laundering (AML) failures.
Facts
Revolut is reportedly in discussions...
UK mortgage lender Perenna raises $52m on the back of its unrestricted banking licence
UK-based mortgage lender Perenna, with a new banking license, secures $52 million in fresh funding to launch its long-term fixed-rate mortgage product.
Facts
Perenna, a...
SEC hands $25m penalty to Deutsche Bank subsidiary for AML violations and ESG “misstatements”
The US Securities and Exchange Commission (SEC) imposes a $25 million penalty on DWS Investment Management Americas Inc. (DIMA), a subsidiary of Deutsche Bank,...
Lithuanian credit union group Kreda taps Amlyze for AML and compliance services
Kreda has chosen Lithuanian regtech company Amlyze as its preferred provider of anti-money laundering and compliance services, aiming to modernize its compliance standards.
Facts
Kreda,...
ICYMI fintech funding round-up: Fuze, Enigio, DKK Partners and more
Fuze, a UAE-based fintech, raised $14 million in seed funding. Enigio secured €3 million from Lloyds Banking Group. DKK Partners closed a £3 million...
Sibos dreams of a T+1 settlement utopia on eventful day three
Experts at Sibos discuss the benefits, risks, and challenges of settling securities in one day or less, focusing on T+1 settlement times.
Facts
Sibos panels...