Preview Mode
compliance
CySEC Alerts CIFs to UKNF Restrictions on Referral and Affiliate Programmes
- The regulator urges CIFs to comply with the UKNF's October 2023 position on referral practices.
- The UKNF states that only investment firms or their tied agents are authorized to perform client acquisition tasks.
Tuesday, 12/11/2024 | 12:27 GMT by
Tareq Sikder
7th Largest Crypto Exchange Relaunches in The UK Market, Offering 150+ Tokens
- Bitget is back in the country after fully complying with the newest crypto and financial promotions regulations.
- The UK clients could help expand the current user base of 45 million and boost trading volumes even further.
Tuesday, 12/11/2024 | 10:00 GMT by
Damian Chmiel
Disrupting a $206B Industry: Can AI Turn Regulatory Challenges into Competitive Advantage?
- The current cost of compliance for financial services worldwide is a staggering US$206 billion, equivalent to 12% of global research and development expenditures.
- Many AI-based platforms cover the entire compliance lifecycle - from policy setting to enforcement, correction, and audit.
Monday, 28/10/2024 | 11:54 GMT by
Nitzan Boyarsky
Crypto Firms Must Toe the Line with Dubai VARA’s Compliance Regulations
- Companies promoting digital assets must include a visible warning that they may lose value and are highly volatile.
- This announcement has followed an agreement between VARA and the SCA.
Thursday, 26/09/2024 | 10:48 GMT by
Tareq Sikder
Crypto Exchange Giant Ramps Up Compliance Hiring, Spends $200 Million
- Binance plans to hire 1,000 new employees in 2024, with 20% focused on compliance roles.
- The new CEO of the company wants the compliance team to consist of 700 people by the end of 2024.
Thursday, 22/08/2024 | 08:26 GMT by
Damian Chmiel
ViCA.Chat Enables Businesses with Tailored Regulatory Solutions and AI Tools
- Developed by ComplyMAP Group and Complyport, ViCA.Chat provides real-time insights.
- It optimizes compliance workflows for fintech startups, law firms, and financial institutions.
Friday, 05/07/2024 | 15:41 GMT by
Tareq Sikder
SEC, MSRB, and FINRA Gear Up for Municipal Market Compliance Program
- Municipal advisors and dealers can attend in person or virtually to learn about regulatory updates and compliance challenges.
- Topics include fiduciary duties, compliance pain points, and post-trade monitoring in the municipal market.
Monday, 01/07/2024 | 14:54 GMT by
Tareq Sikder
Brokers Face Heavy Crackdown on Ads: Can Compliance Automation Be a Solution?
- A trading affiliate violated CAP codes by not including risk warnings in their marketing for reputable brands, as shown by Rightlander scans.
- In 2022, the UK financial watchdog blocked 8,600 ads on Instagram, YouTube, and Facebook promising quick profits and guaranteed returns.
Monday, 20/05/2024 | 10:37 GMT by
Sarafina Wolde Gabriel
WhatsApp Compliance: Self-Reporting Drives Regulatory Change Initiation
- The SEC is pushing for cultural change in compliance, focusing on self-reporting.
- Firms like Perella Weinberg and Huntington benefited from self-reporting, receiving lower penalties.
Monday, 15/04/2024 | 13:10 GMT by
Harriet Christie
Notesco Agrees to €100,000 Settlement with CySEC over Compliance Issue
- Following an inspection conducted in 2023, CySEC decided to settle on January 29, 2024.
- The regulator stressed settlements require suspicion of violation, with no judicial review indication.
Tuesday, 02/04/2024 | 11:27 GMT by
Tareq Sikder
Client-Centric Compliance: A Strategic Imperative for Modern Banking
- Unleashing competitive advantage in banking.
Monday, 15/01/2024 | 17:02 GMT by
Pedro Ferreira
Transformative, Predictive, Automated - 2024's RegTech AI Revolution
- RegTech incorporates Cloud-Based Software, predictive analytics and machine learning.
- AI has been proven to enhance regulatory and operational processes.
- The technology allows businesses to offer innovative products and adhere to regulations.
Friday, 29/12/2023 | 10:04 GMT by
Nicky Senyard
Interoperability - The Road to Financial Convergence
- Interoperability is becoming ever more vital in a more connected world.
- The concept refers to the successful coming together of a wide range of different systems.
- Both blockchain and non-blockchain systems will have an important role to play.
Monday, 20/11/2023 | 11:36 GMT by
Ashley Pope
Tips from the UTIP Team: How to Comply with a Payment System with Ease
- How compliance might just be the key to success in the forex industry.
Monday, 02/10/2023 | 10:37 GMT by
FM
See more
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}