Archax, a UK-based digital asset platform, recently unveiled its plans to broaden its tokenized Real-World Asset (RWA) offerings by incorporating money-market funds from prominent industry players such as State Street, Fidelity, and Legal & General Investment Management (LGIM). This initiative
The inquiry into the Zimbabwe Football Association (ZIFA) has uncovered significant instances of maladministration, poor corporate governance, and corruption within the organization. This revelation primarily stems from the disarray in ZIFA's financial records, especially regarding
The urgent need for regulation of the "buy now, pay later" (BNPL) sector has been brought to the forefront by Labour MP Stella Creasy. She has voiced strong concerns about the vulnerability of consumers to BNPL firms, which she refers to as "legal loan sharks." Creasy argues
As artificial intelligence (AI) technologies, particularly generative AI (GenAI) models, continue to advance and embed themselves into various sectors, the challenge of managing operational and regulatory risks grows increasingly complex. Enterprises adopting these advanced AI models often face a
The financial advisory sector is currently grappling with significant regulatory challenges and a shifting focus towards client wellbeing and comprehensive financial planning. Recent data highlights the mounting difficulties faced by investment advisers in meeting the stringent requirements of
In a significant development aimed at enhancing the robustness of its business environment, China has announced the imminent launch of its first online platform dedicated to the search of overseas financial laws and regulations. This initiative underscores China’s strategic focus on adhering to the
