The Four Core Components of Regulation Best Interest

Will you be ready to comply with Regulation Best Interest on June 30, 2020? The new rules and interpretations outline requirements instructing broker-dealers and investment advisors to not put their own financial interests ahead of the best interests of retail customers when making recommendations and to address conflicts of interest.

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Behavioral Compliance and Ethics

Most people know of behavioral ethics, an area of social science that illustrates how we are not as ethical as we think we are due to different cognitive biases. The field of behavioral compliance and ethics is lesser known. It attempts to use behavioral ethics insights to create and run more effective compliance programs. In a recent post on the FCPA blog, attorney Jim Kaplan offers some ways in which you can apply behavioral compliance and ethics to your corporate compliance program. 

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Singapore Fintech Festival 2019 – See you there!

The annual Singapore Fintech Festival (SFF) starts next week and will gather the biggest financial institutions of the world, not to mention regulators, investors, and academia. The event will include hundreds of speakers from around the globe, discussing themes such as artificial intelligence, blockchain, cloud, and cybersecurity. This year, the main conference will also focus on climate change and sustainability.

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How AI Can Assist Compliance

Artificial Intelligence has been around for 70 years now, but in the past 10 years, it has become more and more feasible. Scientists, academics and business owners are very optimistic about the future of AI and how it could change the way we live. We have been seen these changes and technological advances every day around us and in many industries.

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FCA Issues New Guidance on Personal Account Dealing Compliance

The Financial Conduct Authority (FCA) issued Market Watch 62 in October in which the regulator shared its concerns about personal account dealing (PAD), or rather when employees of an authorized firm trade for themselves rather than clients.  

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