Blog
Is Compliance Automation the Possible Solution to Europe Over-Regulation?
The EU economy faces slow GDP growth and rising compliance costs due to overregulation, impacting innovation and profitability. Compliance automation optimises workflows with AI-powered tools for regulation monitoring, ensuring efficiency in heavily regulated industries
The RegTech Revolution: Transforming Compliance Management
RegTech is revolutionizing compliance management with AI, blockchain, big data, and cloud solutions. From automating KYC to ensuring cross-border compliance, it addresses regulatory complexity, cuts costs, and boosts efficiency.
Internal Audit in Banking Industry
Internal audit in the banking industry ensures financial integrity and compliance, addressing risks, fraud, and regulatory demands. Proactive measures like AI tools and strong governance enhance resilience and align banks with evolving regulations.
Regulatory Requirements: Definitions and Best Practices
European financial regulatory requirements ensure stability, protect consumers, and uphold market integrity. Covering capital adequacy, anti-money laundering, and more, GRC software supports compliance by automating reporting, adapting to changes, and helping institutions manage regulatory risks.
PSD3 and PSR Developments
PSD3 and PSR endorsement by European Union's ECON Committee marks a pivotal shift in the financial sector. Announced on February 14, 2024, these frameworks aim to chabge the payment services ecosystem, emphasising consumer protection, streamlined authorisation, and financial inclusivity.