Over the years, the field of compliance has evolved to meet increasingly rigorous, complex and substantial demands from regulators. The ever-increasing reach of regulation has strengthened and consolidated the position of compliance practitioners as professionals and the International Compliance Association (ICA) has supported individuals’ aim to become professional agents of change within their industries. Now ICA is pleased to be able to support firms in their efforts to optimise the benefits of compliance; so that they may become first-class, effective organisations, leading progress to a sustainable global marketplace.
Citi today released the latest Risk Management findings from its award-winning benchmarking tool, Citi Treasury Diagnostics (CTD), designed to help companies assess the effectiveness of their treasury, working capital, and risk management practices. The Risk Management findings are based on comprehensive results gathered from a diverse group of large corporates, industries and geographies.
The results of a research by CC Associates, Consorzio BANCOMAT® and SIA carried out amongst 25 domestic card schemes from 5 continents on today’s challenges and opportunities.
Pressure is mounting on Chief Technology Officers (CTOs) to step up to the plate and protect British businesses from damaging cyber attacks. This is according to the CTO of Advanced, which has published a new white paper on the need for CTOs to act as the new lynchpin for connecting the entire organisation and ensuring cyber security becomes a board level priority.
2016 saw a big increase in financial phishing and banking malware, with crooks particularly targeting Android users, according to cybersecurity specialist Kaspersky Lab.
The UK's Financial Conduct Authority (FSA) has inked a deal with the Ontario Securities Commission (OSC) designed to make it easier for fintech startups from each market to gain access to the other.
The European Banking Authority is to relax proposed rules on a requirement for strong customer authentication for all payments under EUR10, after being on the receiving end of a volley of complaints from industry participants who claimed that the mandate would lead to more declined transactions and abandoned purchases at the checkout.
Digital currencies such as Bitcoin will not be safe without government intervention and are likely to be counterfeited, according to a Bank of Canada report drawing on the lessons off private bank notes in the 1800s.
