💳 Digital assets are revolutionising traditional finance. One of the challenges is fitting them into traditional financial services regulatory frameworks, across multiple global jurisdictions. It is reckless to make assumptions on whether financial products, with the civil and criminal penalties associated with unlicensed activity, are the same across jurisdictions. Read Liam Hennessy's and Celine Xia's insights on the Australian regulatory framework on ‘non-cash payment’ facilities (NCPs), which are deemed a financial product requiring an Australian Financial Services licence 👉 https://lnkd.in/gx49Ekp2 #Regulatory #Finance #DigitalAssets
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More signs of how technology is helping improve how we can do things
🎙 Speaking to the Irish Independent, Frankie Cronin; Advisory Partner at Grant Thornton Ireland discusses how specialised #Software can help improve detection of financial crimes. Full article 👉 https://lnkd.in/eWPKEC4W #IndustryIInsights #Technology #FinancialServices
Regulatory technology can play a big role in disrupting money-mule operations
independent.ie
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Assistant Manager - Grant Thornton Ireland | IIBA®| CSM®| Ex-PwC & EY | Governance, Risk & Compliance| Financial Crimes Business Risk Advisory | Wholesale Banking & Capital Markets |IEEE Richard E Merwin Scholar
Exciting read by Frankie Cronin on how Regulatory Technology is revolutionising the fight against money-mule operations. Dive into this insightful piece to discover how specialised software is enhancing financial crime detection. #financialcrime #regtech #ThoughtLeadership
🎙 Speaking to the Irish Independent, Frankie Cronin; Advisory Partner at Grant Thornton Ireland discusses how specialised #Software can help improve detection of financial crimes. Full article 👉 https://lnkd.in/eWPKEC4W #IndustryIInsights #Technology #FinancialServices
Regulatory technology can play a big role in disrupting money-mule operations
independent.ie
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FinTech Global FS Regulatory Round-up - w/e 27 October 2023 - Lexology: In this regular post, we round-up FinTech-related financial services regulatory developments for the week ending 27 October 2023.
FinTech Global FS Regulatory Round-up - w/e 27 October 2023 Blog Fintech Notes
lexology.com
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Experts suggest regulatory reassessment to boost fintech sector and ease compliance burden: As the fintech sector gains size and scale, experts suggest the need to reevaluate regulatory policies to boost financial inclusion.
Experts suggest regulatory reassessment to boost fintech sector and ease compliance burden
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Legislation is tightening for APRA-regulated entities: Aiven #australianfintech #fintech #fintechnews #finance #financialtechnology #legislation #financialservices #data
Legislation is tightening for APRA-regulated entities - Australian FinTech
https://australianfintech.com.au
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The digital financial landscape offers undeniable convenience, but navigating its complexities can be challenging. Consumer Advocacy and Empowerment Foundation (CADEF), alongside Consumers International, advocates for transparent digital finance. This means empowering consumers with clear information and control over their finances. We call for an end to hidden fees and confusing terms & conditions. Instead, we envision upfront pricing, easily understandable terms, and strong data privacy protections. Together, let's build a digital financial future where consumers participate with confidence and trust. Share this message and explore resources from CADEF and Consumer International to be a champion for relevant, timely, and inclusive information. https://lnkd.in/eMSZufv9 #TransparentDigitalFinanceForConsumers #FairDigitalFinance Consumers International Prof. Chiso Ndukwe-Okafor, MBA, MPA, EdD Taiwo Tella-Ndukwe Lovelyn Okafor
Consumers international launches global campaign for transparent digital finance
consumersinternational.org
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✔ U.S. regulators have announced measures to allow consumers’ financial data to be shared easily, a significant step forward in the world of ‘open banking’. This move follows similar reforms in Europe and Australia, aiming to improve competition and innovation in the financial sector. Read more 👉 https://okt.to/Q4EhUb #openbanking #innovation #finance
America embraces Open Banking
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KPMG in the UK has developed a programme of digital modules on the core components of Prudential Regulatory Reporting to help clients stay on top of the latest banking regulatory reporting requirements. For more about this and many other hot topics (AI regulation, arrears and collections management), read the article here: #regulatoryreporting #financialservices
UK Regulatory Radar
kpmg.com
