The fintech landscape in India is on the brink of a pivotal transformation with the Reserve Bank of India's (RBI) finalized guidelines for the creation of a Self-Regulatory Organization (SRO). This move aims to forge a link between the burgeoning fintech sector and regulatory authorities,
The Impetus behind CP24/2 In a bold move, the UK's Financial Conduct Authority (FCA) has initiated a consultation process with the enigmatic label 'CP24/2'. This undertaking seeks to revolutionize the level of transparency in the handling of enforcement investigations within the
In the ever-evolving landscape of financial regulation, staying ahead of compliance requirements is a challenge for any financial institution. The introduction of the Regulatory Violations Intelligence Index by Wolters Kluwer represents a revolutionary tool in the domain of compliance risk
In a decisive move to uphold the integrity of the U.S. financial system, the Securities and Exchange Commission (SEC), in a collaborative effort with the Financial Crimes Enforcement Network (FinCEN), announced a new rule focused on bolstering anti-money laundering (AML) protocols within the
With the advent of the digital age has come a surge in identity fraud. Thieves have become increasingly sophisticated in their methods, necessitating more advanced countermeasures. Artificial Intelligence (AI) has emerged as a critical weapon in this ongoing battle, leveraging its capabilities to
In a trailblazing legislative move, Rep. Nancy Mace has recently tabled a bill aimed at ramping up security operations across U.S. borders using blockchain technology. Recognizing the potential for such technology to revolutionize border security, the bill specifically commands the Secretary of
