compliance
FinanceHow Geospatial Technology and Earth Observation Data Can Unlock Value for Financial Services
TechnologyEU to Assess if Apple’s iPad Os Complies With Bloc’s Tech Rules
FinanceSlicing the Financial Pie: The Rise of Fractional Accounting Teams in Corporate Finance
TradingItaly’s Finance Minister Defends Tax Hike on Cryptocurrencies Amid Party Spat
Temu to Be Investigated by EU Tech Regulators Over Sale of Illegal Products
Date: October 31, 2024
By Foo Yun Chee BRUSSELS (Reuters) – Chinese online retailer Temu will be investigated on whether it may have breached EU tech rules against the sale of illegal products, EU tech regulators said on Tuesday, in a move which could lead to hefty fines for the company. The EU investigation will also focus on the...
Switzerland Adopts Further Sanctions Against Belarus
Date: October 31, 2024
ZURICH (Reuters) – The Swiss government said on Wednesday it had approved more sanctions against Belarus, bringing it into line with measures the European Union adopted against Minsk in late June. The measures aim to further align sanctions against Belarus with sanctions against Russia over the invasion of Ukraine. One main aim is to prevent...
Schneider, Legrand, Rexel and Sonepar Fined in French Price Fixing Probe
Date: October 31, 2024
PARIS (Reuters) – France’s competition authority said on Wednesday it had fined electric equipment makers Schneider Electric, Legrand, Rexel and Sonepar a total of 470 million euros ($508.49 million) for fixing prices. Schneider Electric was fined 207 million euros, Rexel 124 million euros, Sonepar 96 million euros and Legrand 43 million. The decision sanctions two...
Sanjay Moolchandani: Revolutionizing Financial Risk Management Through Technological Innovation
Date: October 30, 2024
Sanjay Moolchandani, a global banking leader with over 20 years of experience in financial technology and risk management, has been at the forefront of integrating advanced technology into financial risk management frameworks. Sanjay’s groundbreaking work in developing risk management strategies powered by Artificial Intelligence (AI) and Machine Learning (ML) has positioned him as a...
AI-Driven Strategies to Overcome Complex Banking Regulations
Date: October 29, 2024
By Barath Narayanan, Global BFSI and Europe Geo Head, Persistent Systems Regulatory frameworks in the financial sector have evolved significantly since the global financial crisis. Initially focused on risk management and capital controls, regulations now encompass a broader range of concerns, including data privacy, technological innovation, and operational resilience. As banks navigate this increasingly complex...
The UK’s Emir Refit Is Finally Here – Is Your Firm Ready?
Date: October 24, 2024
Ben Parker, CEO and founder at eflow Global The long-awaited EMIR Refit regulation has now come into force in the UK. The EU’s deadline came and went in April this year, and now it’s the turn of UK businesses to adhere to the updated regulations – with the added benefit of having had five more...