Bank regulation

FCAC Commissioner Lucie Tedesco reappointed

Retrieved on: 
Wednesday, August 1, 2018
Banking in Canada, Economy, Legal professions, Bank regulation, Financial Consumer Agency of Canada, Government, Law, Barrister, Tedesco, Commissioner

OTTAWA, Aug. 1, 2018 /CNW/ - The Governor in Councilhas re-appointed Lucie Tedesco as Commissioner of the Financial Consumer Agency of Canada (FCAC) for a period of 6 months commencing September 3, 2018.

Key Points: 
  • OTTAWA, Aug. 1, 2018 /CNW/ - The Governor in Councilhas re-appointed Lucie Tedesco as Commissioner of the Financial Consumer Agency of Canada (FCAC) for a period of 6 months commencing September 3, 2018.
  • Commissioner Tedesco was first appointed in September 2013, for a 5-year term.
  • As FCAC Commissioner, Ms. Tedesco ensures that federally regulated entities comply with consumer protection measures and helps advance the financial literacy of Canadians.
  • Ms. Tedesco began her career in private practice with Burke-Roberston, Barristers and Solicitors, where she specialized in insurance law.

Financial Crime Prevention Veterans Join Arachnys Advisory Board

Retrieved on: 
Tuesday, July 31, 2018
Regulatory compliance, Business process management, Advisory board, Bank regulation, Financial regulation, Economy, Know your customer, Management, Regulatory technology

The advisory board members were selected for their strategic risk and compliance experience serving leading financial institutions.

Key Points: 
  • The advisory board members were selected for their strategic risk and compliance experience serving leading financial institutions.
  • They support the Arachnys leadership team as they guide the business through the next phase of its growth.
  • Our cloud-native, risk intelligence platform enables financial institutions worldwide to thwart bad actors, prevent financial crime, and ensure their KYC, AML and CDD/EDD capabilities support regulatory compliance demands.
  • Celent, a leading financial services research and advisory firm, recently recognized Arachnys for its innovative Robotic Process Automation solution for KYC/EDD.

Financial Crime Prevention Veterans Join Arachnys Advisory Board

Retrieved on: 
Tuesday, July 31, 2018
Regulatory compliance, Business process management, Advisory board, Bank regulation, Financial regulation, Economy, Know your customer, Management, Regulatory technology

The advisory board members were selected for their strategic risk and compliance experience serving leading financial institutions.

Key Points: 
  • The advisory board members were selected for their strategic risk and compliance experience serving leading financial institutions.
  • They support the Arachnys leadership team as they guide the business through the next phase of its growth.
  • Our cloud-native, risk intelligence platform enables financial institutions worldwide to thwart bad actors, prevent financial crime, and ensure their KYC, AML and CDD/EDD capabilities support regulatory compliance demands.
  • Celent, a leading financial services research and advisory firm, recently recognized Arachnys for its innovative Robotic Process Automation solution for KYC/EDD.

Electrical Conduits Market Revenue, Development Policies, Business Growth Rate and Future Industry 2025

Retrieved on: 
Tuesday, July 10, 2018
Economy, Money, Finance, Electrical wiring, Asset-backed commercial paper program, Bank regulation, International finance, Systemic risk, Electrical conduit

ReportsnReports.com published "Global Electrical Conduits Market Report" is replete with detailed analysis from a thorough research, especially on questions that border on market size, development environment, futuristic developments, operation situation, pathways and trend of Electrical Conduits.

Key Points: 
  • ReportsnReports.com published "Global Electrical Conduits Market Report" is replete with detailed analysis from a thorough research, especially on questions that border on market size, development environment, futuristic developments, operation situation, pathways and trend of Electrical Conduits.
  • Global Electrical Conduits Market Report 2018 statistical surveying furnishes industry outline and examination with 2025 Electrical Conduits market gauges and additionally organization profile, item picture and determination with limit creation, value, cost, generation esteem and more for real makers.
  • Get a best buy Discount @ http://www.reportsnreports.com/contacts/discount.aspx?name=1475036
    This is an expert and top to bottom examination on the present condition of the Electrical Conduits market.
  • Electrical Conduits market import/send out utilization, free market activity figures and cost and creation esteem net edges are additionally given.

FCAC announces National Financial Literacy Research Sub-Committee

Retrieved on: 
Tuesday, June 26, 2018
Economy, Bank regulation, Banking in Canada, Financial Consumer Agency of Canada, Finance, Money, Financial literacy, Literacy, Committee

The Sub-Committee reports to the National Steering Committee on Financial Literacy, which is helping FCAC to implement the National Strategy for Financial Literacy Count me in, Canada.

Key Points: 
  • The Sub-Committee reports to the National Steering Committee on Financial Literacy, which is helping FCAC to implement the National Strategy for Financial Literacy Count me in, Canada.
  • The Research Sub-Committee will support FCAC's National Research Symposium, being held on November 26-27, 2018, in Toronto.
  • "I am excited to see the passing of the torch from the inaugural Research Sub-Committee to this new group of thought-leaders.
  • These experts will continue to position Canada at the forefront of financial literacy research, through industry-leading empirical evidence."

Zions Bancorporation Announces 2018 Stress Test Results

Retrieved on: 
Thursday, June 21, 2018
Systemic risk, Economy, Finance, Bank regulation, Risk analysis, Stress test, Stress, Money, Zions Bancorporation, Statistical hypothesis testing

This disclosure contains statements relating to a stress test and analysis undertaken by Zions Bancorporation.

Key Points: 
  • This disclosure contains statements relating to a stress test and analysis undertaken by Zions Bancorporation.
  • The stress test results are based upon the hypothetical impact of assumed future economic conditions on our capital, financial condition, and earnings under certain financial models.
  • The stress test results are not intended to reflect our expectations about actual future conditions.
  • Factors that might cause our understanding of the stress test results to change include detailed analyses of the multiple factors involved in the stress test and changes to the underlying economic assumptions that drive the stress test results.

PNC Releases Results Of Annual Dodd-Frank Company-Run Stress Test

Retrieved on: 
Thursday, June 21, 2018
Bank regulation, Economy, Financial services, Finance, PNC Financial Services, Basel III, Stress test, Basel II, PNC, Capital requirement

These results are the product of a forward-looking regulatory exercise using hypothetical macroeconomic assumptions that are far more adverse than currently expected by the Federal Reserve or PNC, and do not represent a forecast of PNC's future capital levels or anticipated economic conditions.

Key Points: 
  • These results are the product of a forward-looking regulatory exercise using hypothetical macroeconomic assumptions that are far more adverse than currently expected by the Federal Reserve or PNC, and do not represent a forecast of PNC's future capital levels or anticipated economic conditions.
  • The Basel III ratios were determined using the standardized approach for risk weights included in the Basel III rules.
  • Results of PNC's annual Dodd-Frank company-run stress test, including PNC's estimates of pre-provision net revenue, other revenue, loan and other losses, net income before taxes, and regulatory capital ratios for PNC, as well as additional information on the methodologies used in conducting the stress test, may be found at www.pnc.com/regulatorydisclosures.
  • For information about PNC, visit www.pnc.com .

KYC2020 Joins IdentityMind Global's RegTech Partner Ecosystem to Enhance KYC and AML Global Sanctions Screening

Retrieved on: 
Thursday, June 21, 2018
Bank regulation, Economy, Banking in India, Know your customer, Money, Finance, Politically exposed person, Money laundering

PALO ALTO, Calif., June 21, 2018 /PRNewswire-PRWeb/ -- IdentityMind Global , Digital Identities You Can Trust, today announced that it has signed a license agreement with KYC2020 whereby KYC2020 will integrate with the IdentityMind technology partner ecosystem to enhance IdentityMind's know your customer (KYC) and anti-money laundering (AML) sanctions screening solution coverage.

Key Points: 
  • PALO ALTO, Calif., June 21, 2018 /PRNewswire-PRWeb/ -- IdentityMind Global , Digital Identities You Can Trust, today announced that it has signed a license agreement with KYC2020 whereby KYC2020 will integrate with the IdentityMind technology partner ecosystem to enhance IdentityMind's know your customer (KYC) and anti-money laundering (AML) sanctions screening solution coverage.
  • KYC2020 is a single source for comprehensive global Politically Exposed Persons (PEP), criminal, sanction, and terrorist lists for KYC and AML compliance requirements.
  • IdentityMind's Version 2.0 sanctions screening solution incorporates public sanctions lists, proprietary lists such as those provided by KYC2020, and eDNA, IdentityMind's own proprietary database.
  • "IdentityMind is utilizing our proprietary database-as-a-service offering with access to over 500 global sanction lists to perform KYC and AML sanctions screening and PEP lists to enhance its screening solution."

Maecenas Fine Art Adopts Thomson Reuters World-Check to Mitigate Financial Crime Risk

Retrieved on: 
Wednesday, May 16, 2018
Economy, Law, Finance, Bank regulation, Bitcoin, Cryptocurrencies, Banking in India, Know your customer, World-Check, Money laundering, Blockchain, Due diligence

Maecenas Fine Art, the world's first blockchain-based art marketplace, has adopted Thomson Reuters World-Check to meet due diligence obligations and mitigate financial crime risk.

Key Points: 
  • Maecenas Fine Art, the world's first blockchain-based art marketplace, has adopted Thomson Reuters World-Check to meet due diligence obligations and mitigate financial crime risk.
  • Widely adopted by financial institutions and corporates globally, World-Check intelligence supports the Know Your Customer and Third Party Risk due diligence process.
  • World-Check can help uncover risk associated with sanctions, organised crime, fraud, money laundering, bribery and corruption, as well as modern day slavery and country risk.
  • Maecenas Fine Art is the world's first blockchain platform for investing in fine art.

IdentityMind Global Provides KYC and AML for 150th ICO Client Ahead of Consensus 2018

Retrieved on: 
Monday, May 14, 2018
Economy, Money, Finance, Bank regulation, Banking in India, Know your customer, Cryptocurrencies, Money laundering

The announcement was made in advance of Consensus 2018, the 4th annual blockchain technology summit, May 14 - 16, at the New York HIlton Midtown.

Key Points: 
  • The announcement was made in advance of Consensus 2018, the 4th annual blockchain technology summit, May 14 - 16, at the New York HIlton Midtown.
  • "IdentityMind is the preeminent know your customer (KYC) and anti-money laundering (AML) provider to some of the world's largest ICO/STO clients and cryptocurrency exchanges.
  • "They recommend our platform to their ICO clients because they know KYC and AML compliance is taken care of using IdentityMind."
  • "Looking out over the remainder of 2018, I anticipate continued robust ICO market growth coming with increased regulatory scrutiny," said Gafke.