According to a recent Thomson Reuters Survey, financial institutions on average spend £40m a year on compliance, with some spending up to £300M annually on compliance and customer due diligence. In an environment of constant...more
In this insight we consider the current and potential effect of Brexit on the UK’s FinTech industry across areas including regulation and passporting, data sharing, anti-money laundering, human capital, the role of banks,...more
7/20/2016
/ Anti-Money Laundering ,
EU ,
EU-US Privacy Shield ,
Financial Conduct Authority (FCA) ,
FinTech ,
General Data Protection Regulation (GDPR) ,
Passporting ,
Payment Services Directive ,
Popular ,
Referendums ,
U.S. Commerce Department ,
UK ,
UK Brexit ,
UK Data Protection Act