For the second year running GCB Bank, whose headquarters are in the Ghanaian capital of Accra, has received the lauded title of 'most compliant bank in Africa' from the Association of Certified Compliance Professionals in Africa.
Having shown little initial interest in promoting innovative IT products for use by private banks and other financial firms, the US Securities and Exchange Commission has finally opened its Strategic Hub for Innovation and Financial Technology (FinHub). It has borrowed the terminology it uses from the British model, but there is to be no corresponding relaxation of rules for start-ups.
At the beginning of the year, the French Autorité des Marchés Financiers carried out a series of five theme-based inspections and, on the strength of its observations, has prepared a list of best practices and reminders of rules to be applied.
The UK's National Crime Agency has been able to obtain unexplained wealth orders from the courts in accordance with the Criminal Finances Act 2017 since the end of January. The first one to be issued under s362A(1) has been upheld in the High Court.
A survey by PwC predicts that only 58% of all US financial service firms that have to comply with California's Consumer Privacy Act 2018 - the foremost US version of the European Union's General Data Protection ...
The Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 regarding key information documents for packaged retail and insurance-based investment products or PRIIPs came i...
Robert Ophèle, the chairman of the French Autorité des Marchés Financiers or AMF, told the AFME Annual European Compliance and Legal Conference earlier this month about France's experience in implementing the Eu...
As the world grows flatter, 'third-party ecosystems,' i.e. webs of interdependent contractors and outsourcers, are expanding in banking rapidly. An explosion in the number and variety of outsourcers and sales in...
The Monetary Authority of Singapore has issued guidelines that apply its existing rules to digital advisors, also known as robo-advisors, which provide advice about investment products through direct access to a...
For the second year running GCB Bank, whose headquarters are in the Ghanaian capital of Accra, has received the lauded title of 'most compliant bank in Africa' from the Association of Certified Compliance Profes...
Having shown little initial interest in promoting innovative IT products for use by private banks and other financial firms, the US Securities and Exchange Commission has finally opened its Strategic Hub for Inn...
At the beginning of the year, the French Autorité des Marchés Financiers carried out a series of five theme-based inspections and, on the strength of its observations, has prepared a list of best practices and r...
The UK's National Crime Agency has been able to obtain unexplained wealth orders from the courts in accordance with the Criminal Finances Act 2017 since the end of January. The first one to be issued under s362A...
EFG International, the Swiss private banking giant, has announced that it will combine its legal and compliance functions into a single division under the leadership of Yves Aeschlimann, who will be the new Grou...