Tagged: regulatory fines

UK Penalties for AML Regulatory Breaches Increased By 156% YoY – Report

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML), transaction monitoring and Client Lifecycle Management (CLM), has released its analysis of financial institution enforcement actions for AML and Environmental, Social and Governance (ESG) violations from 1 Jan 2024, to 31 Dec… Read More

Regtech SteelEye Report: US Enforcement Actions Hit Record High in 2024 as UK FCA Fines Tripled

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) reported “record-breaking” enforcement actions in 2024, while the value of fines issued by the Financial Conduct Authority (FCA) more than tripled year-on-year, according to SteelEye’s annual fine tracker. To create its annual… Read More

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