SIA-SSB Group company, RA Computer, and WorldCompliance have signed a strategic collaboration agreement to develop technological solutions for anti-money laundering and anti-terrorism. RA Computer hopes that the five-year accord will further enable it to enrich its integrated technological architecture, specifically developed to prevent and combat money laundering and the bankrolling of terrorism, with WorldCompliance’s compliance database containing information on subjects marked with a high level of risk. Italian financial intermediaries, professionals and non-finance firms will now have access to a data resource made up of over 1,200,000 profiles, compliant with over 100 legislations and regulations worldwide, including the 3rd EU Directive on money laundering, Financial Action Task Force and the USA PATRIOT Act.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.