In our latest episode of RegTech Roundup - Financial Crimes edition, we delve into the challenges surrounding the collection of beneficial ownership data through centrally administered registries. Joining our host, Charlene Sebastian, in the discussion are Jennifer Arnold, Co-Founder & CEO of Minerva, and Matthew Van Buskirk, Co-Founder & CEO Regulatory, Hummingbird RegTech. While centrally administered registries have the potential to enhance the overall data ecosystem, progress in this area has been slow. Data accuracy, currency, verifiability, privacy concerns, and the high cost of ..read more

Trade surveillance is a critical component of today's financial world, where regulations are ever-evolving. It's not just about keeping an eye on trades; it's about ensuring compliance, detecting anomalies, and mitigating risks effectively. Our guest, Martina Rejsjo, Head of Product Strategy at Eventus, shares insights into the complex challenges faced in the world of trade surveillance. With the financial industry operating in multi-asset class environments, including equities, options, futures, FX, fixed income, and digital assets, the need for comprehensive solutions is paramount. In a rapi ..read more

In the latest episode of our ESG Series, host Donna Bales speaks with Ajay Jindal, Executive Vice President at Decimal Point Analytics about his recent paper - Canada ESG Review 2023. This paper benchmark's Canada's progress against its global peers - showing a significant divergence between progress in asset management and the real economy ..read more

In today’s episode we are talking about the potential of reducing regulatory burden through the implementation of Machine-Readable Regulation. Machine Readable regulation is not a new concept but there has been renewed interest by the industry due to its potential to enhance compliance and risk management and reduce regulatory burden.  In 2016 the Financial Conduct Authority in the UK hosted a Tech Sprint that looked at the whole process of regulatory reporting starting with converting the Handbook into machine-readable text and using this to enable automated advice or personalized filter ..read more

In our latest podcast in the ESG Series, host Donna Bales speaks with Eugenie Casier GRC Director from Clausematch. In this episode they discuss the elements of a ESG strategy, the importance of a setting a purpose and using it as a foundation for your ESG Program. Clausematch is a global regulatory technology software as service provider. The platform empowers companies to collaborate, create, manage and review different types of compliance documents, in real time, with a complete audit trail and live insights, advanced metadata, AI-powered mapping and tagging, intelligent suggestions and wor ..read more

The financial industry has undergone a significant transformation in recent years, with the accelerated shift to digitized services having a profound impact on the banking landscape. Not only has it changed the way financial institutions operate, but it has also affected anti-money laundering risks and financial crime prevention measures across the enterprise. As a result, there has been a marked shift in focus from traditional risk management practices to enhanced business resilience. This new approach emphasizes the importance of preparing for and quickly adapting to potential disruptions to ..read more

In this episode of RegTech Round-up, Charlene Sebastian, Head of Client Success at MinervaAI and strategic advisor to the Canadian RegTech Association (CRTA), talks with Anthony Quinn, Founder and CEO of Arctic Intelligence, a multi-award-winning RegTech firm specializing in software for enterprise-wide audit, compliance, and risk management related to financial crime, about how firms can dramatically simplify the EWRA by maximising their data and using technology to automate the process; to reduce residual risk exposure and be more strategic in the application of enterprise risk controls to i ..read more

Money laundering and terrorism financing laws apply to millions of businesses, across 30+ industry sectors, and in over 200 Financial Action Task Force (FATF) member countries. And yet, there is no industry standard on how businesses should apply the risk-based approach (RBA) when developing Enterprise-wide money laundering and terrorism financing risk assessments. In this episode of RegTech Round-up, Charlene Sebastian, Head of Client Success at MinervaAI and strategic advisor to the Canadian RegTech Association (CRTA), talks with Anthony Quinn, Founder and CEO of Arctic Intelligence, a ..read more

March is Fraud Prevention month!   Digital Identification Verification (IDV) technologies play a critical role in preventing and detecting identity fraud. Through document verification and liveness checks, IDV solutions can be used to address a number of regulatory identification and know your customer requirements.    While embraced by many digital banks and cryptocurrency exchanges, as part of a frictionless customer on-boarding experience and to automate key anti-money laundering (AML) requirements; traditional banking, wealth management services and credit unions have been s ..read more

The integration of digital assets into our global financial system continues to raise many questions. Has crypto hit the mainstream? If so, what regulations should apply? Should characteristics of the underlying technology play a role in how it’s regulated? And can crypto ever be truly regulated at all? In this episode, Charlene Sebastian Head of Client Success at MinervaAI and Strategic Advisor with the CRTA, talks with Tim Ward, Head of Product at CUBE a global regulatory insights firm based in the United Kingdom about their latest report “Cryptopia: Regulation and Crypto on a Cliff Edge” to ..read more