The evaluation of the European Union's alignment with global financial infrastructure standards has become a crucial topic of discussion. The focus primarily lies on the implementation of the Principles for Financial Market Infrastructures (PFMI), established to ensure the safety and
Could your newfound business be sinking before it starts? Entrepreneurs embarking on business ventures in New York face a labyrinthine world of compliance challenges that could jeopardize their success even before they properly launch. The state's regulatory landscape is a complex web that
In the realm of financial technology, Kofi Ndaikate stands out with a rich expertise spanning blockchain, cryptocurrency, and the intricacies of regulation and policy. Today, we delve into a compelling conversation about the recent partnership between CapIntel and Richardson Wealth, which promises
Transforming wealth management in the modern era requires more than just traditional advisory services. Endowus, a forward-thinking wealth management platform, has been leveraging technology to bring institutional-grade investment solutions to a broader audience. By blurring the lines between
MGM Resorts International has agreed to pay an $8.5 million fine to Nevada regulators following an investigation into breaches of anti-money laundering (AML) regulations. This penalty, pending approval by the Nevada Gaming Commission, would be one of the state’s largest fines ever. The Nevada G
Capgemini, a leading outsourcing firm, has expanded its footprint in the financial crime compliance (FCC) sector by acquiring Delta Capita BV and its subsidiary, Delta Capita Academy BV, both based in the Netherlands. This acquisition, completed on April 16th for an undisclosed amount, brings over
As we navigate through the rapidly evolving landscape of online payment methods in Ireland, it becomes evident that the nation is steadily shifting towards digital solutions. This shift reflects a deeper movement towards secure, convenient, and private payment preferences among Irish consumers.
In the constantly shifting landscape of global financial markets, Bitcoin's distinctive characteristics and resilience are becoming increasingly prominent. As traditional economic assets grapple with price fluctuations driven by geopolitical tensions, high interest rates, and unpredictable
The recent upgrade of the FAIR Oil & Energy Insurance Syndicate's (FOEIS) credit ratings by AM Best marks a significant achievement. This improvement saw FOEIS' Financial Strength Rating rise from B+ (Good) to B++ (Good) and its Long-Term Issuer Credit Rating jump from “bbb-” (Good) to
GXS Bank, a digital bank backed by Grab Holdings and Singtel, has acquired Validus Capital. The acquisition, approved by the Monetary Authority of Singapore and completed on April 15, is the first of its kind in Singapore, marking a digital bank acquiring another financial entity. Validus Capital,
