MCO Wins RegTech Insight Award for Managing Conduct Risk

May 20, 2020, New York – MCO (MyComplianceOffice) announced today that its integrated compliance solution, MyComplianceOffice, has been named the Best Vendor Solution for Managing Conduct Risk in the 2020 RegTech Insight Awards. The award recognizes both new and well-established providers who are finding innovative solutions to regulatory challenges in the global financial industry.

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10 Reasons to Fall in Love with Compliance

We know the compliance function can be demanding and your list of responsibilities and duties is laborious. You must face different challenges every day to keep your employees and firm compliant and yourself knowledgeable with all changes requested by regulators. 

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CCO's Make Their Voices Heard in CW Survey

Unlike many jobs, there typically isn’t a straight career path toward becoming a compliance officer. In fact, nearly 90 percent of the 290 respondents to Compliance Week’s first annual “Inside the Mind of the CCO” survey started their careers in a different field 

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Global Compliance Requires Worldwide Approach

Compliance is expensive. But non-compliance can cost you even more. Businesses paid nearly $26 billion in compliance-related fines globally in 2017, aside from the severe reputational damages that accompanied those monetary losses. That’s according to a recent article in Forbes by Julie Myers Woods, CEO of Guidepost Solutions.

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UK Finance Says FCA should Consider Leaner SMCR Rules

UK Finance, Britain’s trade association for banks in the country, has published the financial industry’s first major appraisal of the Senior Managers and Certifications Regime(SMCR). The requirements under SMCR were introduced by the Financial Conduct Authority (FCA) in 2016 as part of regulatory reforms following the 2007-09 financial crisis.  

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