"Effective regulation in the AI era also means balancing innovation with consumer protection," writes consultant Jeff Pedowitz. "It's about creating an environment where financial institutions can ...

UK / Swiss Regulatory Co-operation: The UK and Swiss governments signed an agreement on mutual recognition in financial services, the Berne Financial Services Agreement. SME Test: The delegated ...

Many elected officials share the belief that combining robust amounts of legislation, regulation and social engineering will manufacture good societal outcomes. It won't. Less is usually more, and ...

House Financial Services Committee Chairman Patrick McHenry, R-N.C., holds a hearing on AI in the financial and housing sectors on July 23, 2024, in Washington, D.C. (Screenshot from livestream of ...

Financial services regulations can feel like a non-stop conveyor belt, with new frameworks and compliance requirements being regularly introduced. But as a sector supporting critical national ...

The increasing complexity of regulations compounded by the growing volume of data created across financial services firms has resulted in heavier demands on compliance teams serving the industry.

Over the last decade, cloud has become one of the fundamental drivers of business transformation. In fact, Gartner predicts that 85% of organizations will embrace a cloud-first principle by 2025 and ...

The U.S. Treasury Secretary Janet Yellen recently told Reuters that it is "critical" to put in place a strong regulatory framework (and I agree, because good regulation means a great opportunity for ...

The European Supervisory Authorities (“ESAs”) published a joint consultation paper (JC 2022 76) on the system established by the ESAs for the exchange of information relevant to the assessment of the ...