Tag: Regulation
Singapore’s MVGX launches carbon SaaS subsidiary, appoints ex-BSI exec to take the lead
Singapore-based fintech MVGX launches a subsidiary, MVGX Tech, specializing in carbon Software-as-a-Service (SaaS) products and services, led by former BSI executive Frank Zhang. The...
FCA warns consumers against loan fee fraudsters amid rising summer borrowing
The Financial Conduct Authority (FCA) is combatting loan fee fraud in the UK as summer sees a peak in consumer borrowing. FCA launches a...
TransferGo hit with €310,000 fine from Bank of Lithuania for AML failings
Electronic money institution UAB TransferGo Lithuania has been fined €310,000 by the Bank of Lithuania for violating anti-money laundering and counter-terrorist financing laws.
Facts
UAB...
Revolut halts crypto services in the US citing “evolving regulatory environment”
Challenger bank Revolut will halt access to cryptocurrencies for US customers starting October 3, citing regulatory uncertainties and the evolving crypto market.
Facts
Challenger bank...
European Commission brings in Moody’s Analytics to help fight fraud
The European Commission has awarded a €34 million framework contract to Moody's Analytics to bolster its anti-fraud and financial crime efforts using data insights...
Clearstream migrates regulatory reporting to Regnology’s Rcloud platform
Clearstream Banking AG, a post-trade business of Deutsche Börse Group based in Luxembourg, is shifting from on-premise to cloud-based regulatory reporting by adopting Regnology's...