Blog
Clearing Market and Central Counterparty: EU Amendments
The EU proposes amendments to improve clearing market efficiency and mitigate excessive exposures to third-country central counterparties. The changes aim to offer more clearing options, ensure access to secure solutions, and enhance financial stability.
Third-Party Risk Management in Financial Services
Financial institutions rely on BigTech and fintech for services, changing third-party risk management. Tech advancements bring opportunities and challenges, improving efficiency and access to finance. COVID-19 highlights digital platforms and cybersecurity. Regulators adapt to manage new risks.
Compliance as a Service in Banking
Trust and collaboration are vital for successful anti-financial crime utilities in banking. Compliance as a service gains traction, benefiting the UK banking industry. Privacy regulations and customer expectations hinder data sharing among banks.
Cryptocurrencies Regulations
Cryptoassets are revolutionizing finance, offering financial democratization and privacy. However, they also pose risks like misuse and volatility. The EU's forthcoming MiCA regulation exemplifies effective crypto compliance.
UK Financial Services Markets Act(FSMA): What is it?
The UK's FSMA 2023 grants regulatory authorities, like the Bank of England, significant influence in developing and amending rules for financial firms and markets. They enforce compliance, ensuring adherence to regulations, safeguarding the integrity and stability of the sector.
Reduce your
compliance risks
