compliance

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Banking and Ai: How Can We Ensure Roi?

Image for Binance’s European banking partner Paysafe to withdraw supportTop Stories

Binance’s European Banking Partner Paysafe to Withdraw Support

Image for PwC Australia says staff involved in tax leak face ‘severe’ consequencesTop Stories

PwC Australia Says Staff Involved in Tax Leak Face ‘severe’ Consequences

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The Hidden Costs of Payroll on Businesses

Image for UK fines WH Smith, M&S and others for not paying minimum wage

UK Fines Wh Smith, M&s and Others for Not Paying Minimum Wage

Date: June 21, 2023

UK fines WH Smith, M&S and others for not paying minimum wage LONDON (Reuters) – Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, for failing to pay their lowest paid staff the minimum wage between 2017 and 2019. The government said on Wednesday 202 businesses –...

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Tesco Reported to Competition Watchdog by Consumer Group Over Pricing Concerns

Date: June 9, 2023

Tesco reported to competition watchdog by consumer group over pricing concerns LONDON (Reuters) -Tesco, Britain’s biggest retailer, has been reported to the competition regulator by consumer group Which? over its failure to provide detailed pricing information on its loyalty card offers. With UK food inflation close to record highs, Britons are shopping around and comparing...

Image for Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice

Analysis-US Sec Crackdown on Coinbase, Binance Puts Crypto Exchanges on Notice

Date: June 9, 2023

WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the world’s largest crypto exchanges, for allegedly breaching its rules. The SEC on Tuesday alleged Coinbase traded at least 13 crypto assets that are securities and...

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How Financial Services Firms Can Prepare for the Impending Fca Consumer Duty

Date: June 8, 2023

The Financial Consumer Authority (FCA) Consumer Duty will revolutionise customer protection. Here’s how fintech and financial services firms can best prepare for the upcoming Duty implementation. The FCA Consumer Duty is a new set of rules that will come into effect on 31 July 2023. It sets higher and clearer standards of consumer protection...

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EU Plans for Company Human Rights, Environment Checks Face New Hurdle

Date: May 31, 2023

EU plans for company human rights, environment checks face new hurdle By Huw Jones LONDON (Reuters) – Lawmakers in the European Parliament sought on Wednesday to water down groundbreaking European Union rules that would require large companies to check whether their suppliers abuse human rights or damage the environment. Parliament is due on Thursday to...

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Financial Services Companies Seek to Unlock Efficiencies of Cybersecurity Automation

Date: May 31, 2023

Financial services companies seek to unlock efficiencies of cybersecurity automation By Leon Ward, Vice President of Product Management at ThreatQuotient As cyber threats intensify and the resources to deal with them remain limited, there is a growing need for automation in cybersecurity. The intelligent automation of key processes can significantly improve an organisation’s security posture while supporting under-pressure...