Risk Management

N19.3bn Refunded by Banks Raises a Bigger Compliance Question: Why Are Customers Still Having to Complain?

The reported N19.329 billion refunded by Nigerian banks following customer...

EU Crypto Platform Ban Signals New Compliance Imperatives Ahead of 25 August Deadline

Compliance teams across the financial services and digital asset sectors are...

FDIC Brokered Deposit Reforms Increase Compliance Pressure on Fintechs and Digital Banking Models

The US Federal Deposit Insurance Corporation (FDIC) has finalised significant...

Banking Regulators Tighten BaaS Oversight as Fintech Partner Risk Comes Under Greater Scrutiny

Banking-as-a-Service (BaaS) providers and fintech firms are facing heightened...

White House Eases Oversight of Open-Source AI Models Under New Federal Guidelines

 The White House has issued new guidelines exempting certain US-developed...

UBS Hit with Record $125 Million FinCEN Penalty Over Repeat AML and Bank Secrecy Act Violations

UBS Financial Services Inc. (UBSFS) has been hit with a record $125 million...

ECB Orders Bank CEOs to Submit AI Cyber Risk Mitigation Plans

The European Central Bank (ECB) has instructed the chief executives of...

Wall Street Bank’s Probe: US Senators launch probe into Epstein Accounts...

Singapore’s Scam War Escalates: New Law Targets the Networks Behind Digital Fraud

The fight against online scams is entering a new enforcement era as authorities...

Power Without Titles: The Emerging Risk Facing Modern Compliance

The growing use of private advisers, strategic intermediaries, and informal...