The US National Futures Association (NFA) has issued a serious complaint against NinjaTrader Clearing LLC and its President, Michael Cavanaugh, for significant deficiencies in their anti-money laundering (AML) program as well as failures in supervisory responsibilities. This unsettling development
The Iowa Consumer Data Protection Act (IACDPA), signed into law by Governor Kim Reynolds on March 28, 2023, is set to take effect on January 1, 2025, ushering in a new era of privacy regulations for businesses operating in Iowa or targeting Iowa residents. This groundbreaking legislation
As the digital world evolves rapidly, so too do the challenges and threats within it. Reflecting this dynamic environment, DefCamp 2024, the most significant cybersecurity event in Central and Eastern Europe, is set to take place on November 28-29, 2024, in Bucharest, Romania. The highly
In Q3 2024, the global Regulatory Technology (RegTech) sector experienced a resurgence in deal activity, with the number of transactions rising by 34% quarter-over-quarter to 137 deals. However, this increase in activity was accompanied by a significant reduction in funding, dropping to $1.2
In an era where environmental, social, and governance (ESG) considerations have become integral to business operations, firms find themselves navigating an evolving landscape filled with stringent regulations. This shift demands a robust and strategic response, particularly from financial services
It's becoming increasingly clear that the financial sector faces perpetual pressure from evolving regulatory requirements, particularly in the realm of financial crime compliance. Regulatory frameworks like BASEL III demand rigorous risk management, and traditional systems find it challenging to
