The European Union's newly proposed Omnibus Package represents a transformative shift in sustainability compliance within the financial services sector. Encompassing a range of reforms, this package seeks to streamline corporate sustainability reporting and due diligence obligations for banks,
March 4, 2025Dubai has taken a monumental step in the world of digital finance by becoming the first jurisdiction to approve two major stablecoins, USDC (USD Coin) and EURC (Euro Coin), under its new cryptocurrency regulatory regime. This decision by the Dubai Financial Services Authority (DFSA) marks a
February 27, 2025The regulatory technology (RegTech) industry in Canada is on the brink of a significant transformation. With the increasing demand for efficient compliance solutions and the rapid integration of advanced technologies, Canada is positioning itself as a global leader in the RegTech sector. This
February 12, 2025The sudden collapse of Synapse Financial Technologies Inc. in April 2024 sent a significant tremor through the fintech industry, bringing to light glaring inadequacies in the regulatory framework that governs digital banking. This pivotal event saw the freezing of $265 million in end-user funds,
February 7, 2025RegTech Revolution: Lowering Compliance Costs and Enhancing Risk Management The innovative field of Regulatory Technology (RegTech) is transforming compliance and risk management for businesses, particularly in highly regulated industries. By leveraging sophisticated technologies such as artificial
January 15, 2025The regulatory technology (regtech) sector in Singapore is on the brink of substantial growth, presenting numerous investment opportunities for stakeholders in various industries. Regtech focuses on enhancing regulatory compliance through advanced technology, and its market dynamics, size, and
December 26, 2024