November 14, 2024
On October 23, industry leaders and representatives from TAINA gathered at the London Conference on Operational Taxes for Investment Firms to analyze the latest trends and regulatory challenges affecting funds and custodians. According to TainaThe gathering highlighted two crucial discussions: the transition to online tax solutions and the upcoming introduction of CRS 2. These panels
November 13, 2024
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November 11, 2024
Legal and financial problems pile up for fintech mortgage lender LoanSnapthe company having recently been evicted from its headquarters in the South California. The news had already been reported this week by TechCrunch. TechCrunch reported Monday that although "LoanSnap has not yet closed its doors, according to two employees, the mood within the company is
November 11, 2024
Cityscape Global 2024 will pave the way for innovation in real estate, says minister RIYADH: Cityscape Global 2024 is expected to drive innovation and sustainable advancements in the Saudi real estate market, expanding growth opportunities, according to a senior official. During the opening day of the event, which will take place in Riyadh from November
October 30, 2024
In the world of regulatory change management (RCM), AI is proving to be a revolutionary force, transforming every step of the process and generating substantial business value. According to 4CRisk.aiBy looking at a typical RCM workflow, we can see how AI not only streamlines operations, but also significantly improves return on investment (ROI), providing a
October 30, 2024
Reserve Bank of IndiaT Deputy Governor Rabi Sankar spoke at the Global Fintech Festival 2024 on Thursday. In his speech, he spoke about the self-regulatory organization (SRO) to regulate the financial technology sector. He said the fintech sector faced trust and integrity issues because it was not regulated by a regulator. He added that it
October 29, 2024
In today's rapidly evolving regulatory environment, the need for continuous and vigilant KYC processes is more critical than ever. According to Moody'sWith the expansion of anti-financial crime legislation and increasing sanctions, not only traditional financial institutions, but also global corporations, asset managers, insurance companies, crypto wallets, security providers technology and rival banks find themselves under
October 29, 2024
Mumbai: As frenetic digitalization reshapes the financial landscape, India must learn to balance innovation and prudence, Reserve Bank of India (RBI) Governor Shaktikanta Das said, urging financial institutions and fintechs to capitalize on new opportunities while mitigating risks. More Indians are turning to digital financial services, and their expectations for “personalized, efficient and seamless” experiences
October 26, 2024
With MiCA expected to come into effect in 2024, now is the time for crypto-asset market participants to implement technologies and processes to monitor market abuse, money laundering and fraud. Access our practical guide to prepare for the upcoming MiCA regulation.
October 26, 2024
In the evolving fintech or financial technology landscape, India sits at the intersection of innovation and regulation. What began as a quest for stability and oversight has transformed into a dystopian odyssey, where good intentions pave the way for chaos and unintended consequences lurk around every corner. Our story today begins with a modest trigger:
October 24, 2024
Stripe, the world's most valuable fintech startup, announced Friday that it will temporarily move to an invite-only model for signing up new accounts in India, calling the move a "difficult decision" as it scales in the country’s evolving regulatory landscape. In a statement published on its websiteStripe said businesses in India will no longer be
October 23, 2024
As 2024 draws to a close, the financial services industry is bracing for a dynamic compliance landscape in the year ahead. With increasingly stringent regulatory frameworks, organizations must stay ahead of emerging trends to successfully manage these changes. The advent of advanced technologies, including artificial intelligence (AI), continues to reshape risk management practices, introducing both
