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Regulatory technology, is a new technology that uses information technology to enhance regulatory processes. With its main application in the Financial sector, it is expanding into any regulated business with a particular appeal for the Consumer Goods Industry. Often regarded as a subcategory under FinTech, RegTech puts a particular emphasis on regulatory monitoring, reporting and compliance and is thus benefiting the finance industry.
We need to monitor more than just customers. I have in the past discussed what I call Behavioral Analytics. Behavioral Analytics leverage automated comparisons between data-based predicted behavior
July 4 revelers in Highland Park, IL, experienced another mass-casualty shooting in America. Stunningly, at this point it’s no longer surprising to see these news alerts. Something has to change. I w...
Expect a spike in Financial Crime. Here’s why and how you can prepare for it. Why expect a spike in financial crime? It’s the economy, of course. We are on the doorstep of recession, and it’s hard to...
Have you considered the impact of unsettled trades on shareholding reporting? How hard can shareholding disclosure be? Just load your positions and see if you are over the threshold right? Not exactly...
The Uvalde ,Texas school shooting was yet another horrific and unimaginable act of violence in the U.S. And that particular kind of horror has been categorized by some as “social violence”—a type of e...
As recently as 2020, the Centre for Social Justice estimated that there were 100,000 or more modern slaves in the UK. And estimates suggest that globally indentured labour generates between $50-150bn...
With their innovative products and services challenger banks have revolutionised the banking sector. They offer greater flexibility and choice to consumers, something that their legacy competitors are...
Recently, I had the pleasure to tap into insights from six amazing Women in Compliance. Today, I will share the insights provided by Stephanie Feldt, Chief Compliance Officer & General Counsel at ...
A snippet from the FT on Archegos “regarding bank claims. . . . It will come down to what indemnity was in the loan and swap agreements.” What it fails to address is the market impact of these agreem...
This week marks a year since the Financial Conduct Authority (FCA) issued guidance to financial institutions for the fair treatment of vulnerable customers. The aim of the guidance is to encourage ban...
As you consider your company’s compliance processes, do the words speed or real-time come to mind? If your organization is like most, they probably do not. Without finger pointing or complaining, let’...
With the constant barrage of news related to Covid-19, it is sometimes easy to forget about the complex geo-political world we live in and the difficult and seemingly intractable problems that fill i...