compliance

In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Regulatory compliance describes the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, and regulations.

Source: merriam-webster.com

Morgan Stanley Fined By FINRA For Compliance Lapses
Morgan Stanley Fined By FINRA For Compliance Lapses
December 26, 2018  |  Regulation

Morgan Stanley, the U.S. Wall Street firm, was fined $10 million by the Financial Industry Regulatory Authority (FINRA)  for compliance failures. Get the Full Story...

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Growing Ratings Data Overwhelms Regulators
Growing Ratings Data Overwhelms Regulators
December 19, 2018  |  Regulation

The U.S. securities regulator is having trouble with rating agencies because it doesn’t have the tools or specific knowledge it needs to analyze huge amounts...

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Can Comic Books Boost Compliance And AML Efforts?
Can Comic Books Boost Compliance And AML Efforts?
December 18, 2018  |  Fraud Prevention

Comic books (along with their more sophisticated cousins, graphic novels) are treated not only as literature these days by fans and many scholars, but they...

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Motus On Mapping Mileage Reimbursement
Motus On Mapping Mileage Reimbursement
December 18, 2018  |  Regulation

Tax season looms. Firms would do well to examine the latest standard mileage rates published by the IRS — and more. Motus’ Chief Legal Officer steers...

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Report: Only 29 Percent Of EU Firms Are GDPR-Compliant
Report: Only 29 Percent Of EU Firms Are GDPR-Compliant
December 17, 2018  |  Fraud Prevention

It’s been six months since the General Data Protection became law of the land, at least in the European Union, and yet the majority of...

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Judo Capital Taps VERMEG For Reporting Compliance
Judo Capital Taps VERMEG For Reporting Compliance
December 17, 2018  |  B2B Payments

Australian challenger bank Judo Capital has chosen VERMEG, a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements...

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Senators Call For Deutsche Investigation
Senators Call For Deutsche Investigation
December 14, 2018  |  Security & Fraud

Two senators are calling for a banking committee investigation of Deutsche Bank’s compliance with U.S. safeguards against money laundering. According to Bloomberg, Senator Elizabeth Warren...

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Credit Unions Assume New Role In AML Fight
Credit Unions Assume New Role In AML Fight
December 14, 2018  |  Credit Unions

Credit unions (CUs) aren’t law enforcement agencies by design. However, anti-money laundering (AML) regulations like the Bank Secrecy Act can force CUs into the uncomfortable...

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India’s ATM Closures Seen As Boost To Demonetization Efforts
India’s ATM Closures Seen As Boost To Demonetization Efforts
December 14, 2018  |  Cash

In November 2016, the Indian government issued a ban on the nation’s higher-denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency invalid....

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