The insurance industry faces a complex regulatory landscape with frameworks like Solvency II in Europe and the Sarbanes-Oxley Act in the US. This blog explores how technologies like AI and blockchain are helping insurers streamline compliance, reduce risks, and manage regulatory costs.
In this blog, we do a brief overview of Deloitte’s recently published financial markets regulatory outlook for 2024 and the two biggest trends that are believed to be setting the sentiment in the sector.
Read MoreWhat does FBAR compliance mean for business organizations in the US? Find the answer in this quick guide, which provides a comprehensive overview of the key regulatory requirements, the risks of non-compliance, common reporting mistakes, and the role of authorized signatories in maintaining financial transparency and adhering to regulatory standards.
Read MoreAs the digital frontier expands, the need for rigorous oversight of who has the authority to sign off on corporate actions has never been more critical. From the GDPR's strict personal data handling in Europe to the Sarbanes-Oxley Act's demand for financial integrity in the US, and Hong Kong's new SFC rules, this article ventures into the complex world of authorised signatory mandates that form the backbone of global business governance and trust.
Read MoreOn 20th September 2023, the UK embarked on a transformative journey in the realm of trade with the enactment of the Electronic Trade Documents Act. This groundbreaking legislation has given digital trade documents, such as bills of lading (BLs), the same legal standing as their traditional paper counterparts. But as we stand at this pivotal moment, the question arises: What's next?
Read MoreOn 20th July 2023, the UK Electronic Trade Documents Bill received Royal Assent. The newly enacted Electronic Trade Documents Act (ETDA), previously the Electronic Trade Documents Bill, is set to transform international trade by allowing businesses to exchange trade documents such as bills of lading and insurance certificates electronically.
Read MoreThe UK Electronic Trade Documents Bill has entered its final stage of approval, so we take a closer look at what this means for businesses and how they can prepare for the upcoming changes.
Read MoreWhat are the challenges of managing Authorised Trader Lists? Find out in our quick guide on how to manage Authorised Trader Lists under MiFID II.
Read MoreIn February, the UK government welcomed the publication of a new expert report on best practices for using e-signatures. In this post, we go through the report’s key findings and recommendations.
Read MoreWith enhanced governance protocols and the introduction of personal liability on the table, the importance of good governance has never been greater. Modern solutions can help simplify compliance, improve operations, and deliver a competitive edge for early adopters.
Read MoreHong Kong’s Securities and Futures Commission (“SFC”) has introduced a new regulatory mandate for the management of bank accounts within Licensed Corporations (“LC”).
Read MoreWhat is Operational Resilience? And what does the new operational resilience regulation in the UK stand for? Find out in our latest blog, where we discuss the what, when and how of the UK’s upcoming operational resilience mandate.
Read MoreWhat’s the connection between UK Company Law and Authorised Signatories? In this blog, we take a look at the UK Company Law Reform Bill that was submitted in 2005 and particularly the proposal related to the appointment and management of Authorised Signatories.
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