The recent $5 million fine levied on BNY Mellon by the Commodity Futures Trading Commission (CFTC) has sent ripples through the financial industry, raising significant questions about the robustness of compliance frameworks in major institutions. The fine, resulting from non-compliance issues
Ascot Group, a Bermuda-based global specialty insurer, has taken a monumental step in the reinsurance sector with the launch of its new capital management platform, Leadline Capital Partners. For an industry always on the lookout for innovative solutions to complex risk management issues,
The proposed Cyber Security and Resilience Bill, unveiled in the recent King’s Speech, marks a significant move by the UK government to strengthen the nation's cyber security framework in response to an increasingly hostile digital threat landscape. This article delves into how this bill could
Digital technologies have brought transformative changes to the insurance industry, also introducing new complexities and regulatory requirements. Customer Identity and Access Management (CIAM) emerges as a key player, helping insurance firms navigate these challenges while balancing security,
In the ever-evolving landscape of corporate sustainability, the Corporate Sustainability Reporting Directive (CSRD) emerges as a crucial framework that businesses must navigate to align with regulatory standards. The directive mandates comprehensive reporting on sustainability matters, urging
Oregon regulators have recently taken measures to adjust proposed health insurance rate increases for individual plans in the state, aiming to ensure affordability while complying with federal regulations. Initially, insurers proposed significant rate hikes earlier this year, but following a
