The Commission welcomes the political agreement reached today by the European Parliament and EU Member States to ensure a more robust and effective supervision of central counterparties (CCPs) offering services to the EU.

London: Starling, the leading digital bank, is launching Client Money Accounts to provide more secure, efficient and compliant account management for professional practices that hold money on behalf of clients.

ICA Audit sets to innovate the regulatory risk analysis market by introducing a new certification programme, providing the cumulative expertise of risk management subject matter experts. The unique service helps firms identify risks, maintain impeccable standards and safeguard firms effectively.

In the past decade the financial industry has rapidly changed and evolved leading to enhanced risk management practices. Operational risk is no different, as new and emerging risks enter the market it is often the strength of people, processes and systems which can enhance effective mitigation and management, but also pose the risk.

FCA chair Charles Randall has warned that the UK will be unable to manage the risks of financial crime under a no-deal Brexit, emphasising the critical role played by cross-border data sharing agreements with EU member states.

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that an American global systematically important bank (G-SIB) has gone live with AxiomSL’s strategic regulatory platform in the UK, Ireland and the Netherlands.

(Bloomberg) -- The European Union’s overhaul of bank capital rules show it’s forgetting some of the lessons of the financial crisis, according to Daniele Nouy, head of the European Central Bank’s supervisory arm.

While there’s been a recent influx of start-up solutions working to disrupt the global payments landscape, SWIFT’s financial messaging service continues to be the backbone of the international banking community. More than 11,000 institutions in 200 countries rely on its ironclad standards to carry out secure transactions, which have gained unanimous trust across the industry due to SWIFT’s stringent and unwavering customer security controls.

The securities, banking and insurance sectors in the European Union (EU) face multiple risks, the latest report on risks and vulnerabilities by the Joint Committee of the European Supervisory Authorities (ESAs) shows.

Management and technology consultancy BearingPoint, which ranks among the leading providers of Regulatory and Risk Technology (RegTech/RiskTech), announced today that its RegTech product unit has formed a partnership with IBM Services for regulatory reporting.

Thomson Reuters continues the expansion of its award-winning Connected Risk software platform with the launch of Compliance Management, a new solution designed to help risk and compliance professionals demonstrate strong governance and sound internal controls in the face of intense, enterprise-wide regulatory scrutiny.
Compliance Management provides a tech-enabled compliance framework capable of meeting today’s most pressing challenges by bringing processes together in a centralized location to help organizations streamline, execute, and monitor their regulatory and compliance programs.

The Securities and Futures Commission (SFC) once again alerts investors to the potential risks of dealing with cryptocurrency exchanges and investing in initial coin offerings (ICOs).