Blog
ICAEW & Anti-Money Laundering
The ICAEW, UK's leading accountancy body, is reshaping financial vigilance with its proactive AML supervision. Emphasizing both regulation and comprehensive support, they've positioned themselves as an invaluable resource hub.
IFRS 9 Bank Regulations
IFRS 9 reshapes global banking regulations, focusing on loan loss provisioning to bolster financial stability. However, with many banks still provisioning at default and capital-rich banks provisioning more, discrepancies arise.
AI and Compliance Relationship
Artificial Intelligence (AI) has transformed regulatory compliance in banking, ensuring lawful, ethical operations. From natural language processing to Know Your Customer (KYC) protocols, AI streamlines processes, improves efficiency, and enhances risk detection.
What is the Single Resolution Mechanism(SRM) regulation?
The EU responded to the 2008 Global Financial Crisis by bolstering its financial stability framework, specifically through the Single Resolution Mechanism (SRM) and Single Resolution Fund (SRF).
Bitcoin Price and DeFi Future
Financial institutions brace for a $10 trillion crypto market as Bitcoin halving looms. DeFi's evolution includes tokenized assets, driving regulatory compliance and risk management urgency. Adaptation is essential for success.