Government

Federal State of Saxony-Anhalt issues inaugural digital commercial paper

In a landmark transaction, the Federal State of Saxony-Anhalt has this week issued a €50 million digital commercial paper in the form of dematerialised electronic securities in accordance with the German Electronic Securities Act. NatWest Markets Europe a...

How the EU AI Act will impact financial institutions

The EU AI Act, which came into force on 1 August 2024, is a significant legislative development for financial institutions (FIs). With provisions starting to apply over a period of six to 36 months, most of the Act’s rules will be enforceable after two y...

What do FinTech experts really want from a Labour government?

The UK’s change in government power has also brought mass changes and promises to sectors across the nation. Labour has recently announced its pledge to embrace FinTech, in a bid to deliver a £330bn boost to the UK economy over the next five years. This up...

Global Blockchain intelligence platform, Chainalysis, establishes regional HQ in Dubai 

Chainalysis, the Blockchain intelligence platform, has inaugurated its headquarters for Southern Europe, Middle East, Central Asia and Africa in Dubai. This move follows three years of exponential growth in the region for the company, as it has established...

FinTech chiefs debate AI skills crisis in UK Parliament  

Leaders from the technology industry have issued an urgent warning for the government to increase regulation and investment in Artificial Intelligence (AI) technology.   Speaking at the Parliamentary AI and FinTech Summit, which was hosted by Dean...

Six ways a global mobility partner can help with international tax legislation 

If you’re struggling to manage tax legislation in different locations, Alistair Sim, Head of Global Mobility, activpayroll, tells us how a global mobility partner can help navigate the complexity.  If your organisation is expanding into new territories, one of...

How are banks leveraging technology to handle the complexities of ‘politically exposed persons’? 

Following the NatWest and Nigel Farage scandal, banks are still coming under increased scrutiny. The Treasury wrote to the ombudsman in September asking it to provide the complaints data showing a monthly rate of more than 268 complaints per month, made up of 1,351...

IFRS 17: The impact so far  

Following an extended period of preparation, this year saw many insurance companies worldwide implement the most significant change in global accounting standards in almost two decades the International Financial Reporting Standard (IFRS) 17 came into force....

What should the UK government be doing for financial services in the public sector?

In March 2023, the UK Government announced the latest Spring Budget. Many businesses anxiously held their breath as it was released during the height of the country’s cost-of-living crisis.   The Budget claims to “build upon the action taken at the Autum...

Lookout data shows credential theft mobile attacks on the rise in US government agencies 

Lookout, an endpoint to cloud security company, has released its 2022 Government Threat Report which examines the most prominent mobile threats affecting federal, state and local governments in the United States.  Lookout data reveals mobile phishing...

Gartner highlights seven disruptions CIOs might not see coming

CIOs must take time to consider ‘what if’ scenarios to avoid being blindsided by social, behavioural and technological disruptions, according to Gartner. Speaking at Gartner IT Symposium/Xpo in Australia, David Yockelson, VP analyst at Gartner, said many dis...

Dubai Police to rollout second NFT collection during GITEX 2022

As many as 22.91 million people from all over the globe registered their interest in getting Dubai Police’s first collection of non-fungible tokens (NFTs), which was released by the Dubai Police General Command during the second quarter of 2022....