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Discussion around current trends in regulations for banks globally
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Kathiravan Rajendran Associate Director of Marketing Operations at Macro Global
The regulatory landscape for financial institutions continues to evolve with increasing speed and complexity. Navigating the FCA's latest directives and aligning with global initiatives like the Common Reporting Standard (CRS) are just two examples of how compliance today demands far more than simply checking boxes. It calls for a fundamental reth...
08 May 2025 /regulation /crime
Nadish Lad Head of Payments Product at Volante Technologies
The UK’s payments ecosystem is ready for an upgrade. While a blend of innovation and regulation has long benefitted the UK’s businesses and individuals alike, the current combination has reached its limit in usefulness. The market is hungry for a framework built on next-generation technology, designed to deliver more choice and increase competitio...
29 April 2025
Steve Morgan Banking Industry Market Lead at Pegasystems
April Fool’s Day is no laughing matter for the car lending industry in the UK. The UK Supreme Court is starting its hearings on Tuesday 1st April, which should be the beginning of the end for what banks and other lenders will face in terms of compensation schemes that they will need to follow. It is possible that if the FCA’s proposals are accepte...
01 April 2025 /payments /regulation
Regulators around the world are taking various approaches to address the challenges and opportunities presented by AI in financial services. It is very much still an evolving landscape, with specific requirements already different across regions. It is certainly a space to watch, and I believe that regulations are needed as much on AI as they are ...
10 December 2024 /payments /regulation
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
MSBs operating in Canada are facing significant regulatory changes. According to a recent notice from Approved MSB Services, the Bank of Canada has introduced new regulations under the Retail Payment Activities Act (RPAA), requiring all MSBs to register within a specified timeframe. This regulatory overhaul is part of a broader global trend aimed ...
04 December 2024 /regulation /wholesale
Ilona Cohen Chief Legal and Policy Officer at HackerOne
Over the last few years, the financial industry has been tightening the rules to counter growing cybersecurity threats. Sensitive credit and payment card data are naturally a top target of cyber criminals and therefore a priority for security efforts, especially as the cost of data breaches rises to an average of $4.88 million. This is where the...
28 October 2024 /security /regulation
In the European Union, the regulation of electronic money (e-money) is a critical topic that bridges the gap between technological innovation and financial security. The legal framework primarily governing e-money in the EU is the Second Electronic Money Directive (EMD2), which was adopted in 2009 and implemented by Member States in 2011. This dir...
09 October 2024 /security /regulation
Anna Antimiichuk Head of Communications, PhD at Corlytics
With only three months remaining until the implementation date, AFME brings to the light DORA-readiness after the transition period The implementation of DORA – the Digital Operational Resilience Act that’s looming on the horizon – is being viewed as a significant operational uplift by all market participants, one of the AFME's panel discussio
02 October 2024 /regulation /markets
Adam Preis Global Strategist at Ping Identity
The UK’s financial regulatory landscape is known for its comprehensive oversight, securing consumer interests and rights, and focus on maintaining fair, competitive markets. While the country’s financial rules aim to protect consumers and ensure market stability, they also emphasise innovation, particularly in the post-Brexit era. Central to this ...
25 September 2024 /regulation /identity
Srinathprasanna Neelagiri Chettiyar Shanmugam Manager - Banking and Financial Services at Aspire Systems
Welcome back to my blog series on DORA regulation !!! In this blog, I will dive into the specific topic of Threat-Led Penetration Testing (TLPT). Key Players in the TLPT Ecosystem: Understanding the roles involved in TLPT is crucial. Here’s a quick rundown: Red Team: These are the attackers in the simulation, employing tactics, techniques, and pro...
11 June 2024 /security /regulation
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