In today’s ever-changing financial landscape, maintaining a resilient financial system requires ongoing and thoughtful regulation. Treasury Secretary Janet Yellen's recent speech at the 2024 U.S. Treasury Market Conference underscored the critical need for proactive regulatory measures. Her c
Ithala Bank, a beacon of financial support for many small businesses and rural communities in South Africa, faces significant challenges in its quest to maintain operational integrity and foster growth. Recently, the bank encountered a major setback when its Financial Services Provider (FSP)
The landscape of antitrust regulation is undergoing significant changes, impacting diverse sectors such as banking and digital advertising. In the United States, the Department of Justice (DOJ) has taken a critical step by adopting the 2023 Merger Guidelines, replacing the long-standing 1995 Bank
The financial industry has been reshaped by the advent of FinTech, which merges financial services with sophisticated modern technology, offering a new landscape for managing assets and conducting transactions. With these technological advancements, there's an ongoing evolution not only in
The recent regulatory actions taken by Switzerland's Financial Market Supervisory Authority (FINMA) against Mirabaud & Cie, one of Switzerland's oldest and most esteemed private banking institutions, underline significant lapses in its anti-money laundering (AML) compliance
Times are changing in Scandinavia, where a high-trust society is being replaced by something different. As many transactions are now 100% digital, it’s something that all insurers should be aware of and deploy tools to spot potential fraud from quote to claim settlement. Here’s the word: A new sur
