Financial Services

Regulatory proposals promise to change how advisers operate

Selection and deployment will usually take 6-12 months at least

FinServ community advised to redouble control efforts

Buy Now, Pay Later industry facing rules similar to credit card issuers

Australian financial regulator issues new guidance on communications monitoring & archiving

3 self-reporting firms receive lower fines

AML/CFT programs should expect increased enforcement actions

Investors should closely monitor tech stock derivatives

Finserv organizations, including some in U.S., and technology vendors face rules around cyber attacks, natural disasters & other disruptions

Political unrest, currency fluctuation & criminal threats challenge international investors

FINRA, SEC stepping up enforcement

10% of executives say their companies have faced deepfake threats; half of companies lack ability to adequately track sensitive data shared outside organizations