Are you a UK or Third Country financial institution relying on the Reverse Solicitation Regime under MiFID II (i.e. at the client’s own exclusive initiative) to continue to lawfully service some clients in the EU Member States?  Are you aware that some of the EU Member States have expressly disallowed reverse solicitation as a method…

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The UK is home to one of the world’s most thriving FinTech and RegTech communities, but Brexit has raised concerns about whether the future of the ecosystem is at risk. Brexit is still happening. With the contentious US presidential election having just been settled and the coronavirus pandemic still raging, the UK’s exodus from the…

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Despite being more than three years in the making, the UK’s divorce from the EU is still a cause of great uncertainty for financial services firms. The negotiations have currently come to a stalemate as most European nations are busy dealing with the coronavirus outbreak. Not only has the pandemic put the negotiations on hold, but so…

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European finance ministers are expected to urge the European Commission to set up a new anti-money laundering authority. Whilst optimistic, RegTech stakeholders expect challenges to come. The EU is taking off the kid gloves against money laundering. European finance ministers have flagged that they intend to urge the European Commission to establish an anti-money laundering (AML)…

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LeapRate has learned that automated regulatory compliance specialist muinmos has been selected to participate in the fifth cohort of the FCA’s Regulatory Sandbox. The Danish RegTech organisation uses Artificial Intelligence (AI) techniques to help financial institutions to categorise and validate regulatory compatibility for a range of financial products and services on a national and cross border basis. Its…

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Muinmos Founder, Remonda Z. Kirketerp-Møller speaks to Vedant Sangit on the issues related to Regtech. Muinmos is Denmark based Regtech Company. Muinmos co-founder, Remonda Z. Kirketerp-Møller speaks of her innovative MiFID compliant cloud-based platform RegtechPASS with Vedant Sangit. How do you define the term RegTech? “Automation of regulation via technology. It is a new field…

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