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Discussion around current trends in regulations for banks globally
Offshore banking has always carried an air of subversion about it, but following the release of the Panama Papers in 2016 the industry was catapulted into an entirely new and highly critical light. Si...
As I strode quickly off the plane I had taken back to the US and towards customs recently after an international trip, I reached into my satchel. Like the rest of humanity, I did not want to spend any...
The REGTECH Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries in Regulation, Wiley August 2019. Authors: Janos Barberis, Douglas W. Arner, Ross P. Buckley. Amazon ...
Despite all the new and varying financial players in today’s market, banks still hold a vital position in society. Firstly, they play a huge part in ensuring the stability and the integrity of the fin...
Regulators put little trust in the strength of the current payment authentication system and rightly so, as fraud levels have hit an all-time high. In the last year, over 2.6 million UK accounts have ...
As the countdown to 31 October 2019 can now be measured in weeks, the UK and the EU are hurtling towards a no-deal Brexit. This has implications for inbound passporting EEA firms as the UK Financial S...
KYC utilities provide access to a unique and validated source of data, but liability for satisfying KYC and AML obligations ultimately remains with Nordic banks. The Nordic banking landscape has witne...
The Regulatory Landscape The rise of financial technology has drawn the attention of regulators to FinTech firms and how they function. FinTech companies like any other regulated institutions are requ...
The UK branches of the EU-27 banks currently benefit from lighter regulatory requirements compared to the third-country branches. However, post-Brexit this distinction will no longer be relevant as al...
According to the RTS on SCA and CSC (Article 34. Certificates), payment service providers shall rely on eIDAS certificates for third party providers’ (TPPs’) identification. There are 2 types of PSD2 ...
The appointment of Gabriel Makhlouf as the 12th governor of the Central Bank of Ireland earlier this year hasn’t gone unnoticed. Until recently the top official in New Zealand’s treasury, he will be t...
It would be an understatement to say the last 4 years have been a game-changer when it comes to anti-financial crime regulation and the know your customer (KYC) and customer due diligence (CDD) requir...