SAP promises €20bn+ to expand its sovereign cloud services
Announces global availability of Sovereign Cloud On-Site and expansion of SAP Managed Infrastructure Responding to the growing demand…
EU Finalizes Crypto Rule for Banks
The European Banking Authority (EBA) has finalized a stringent set of rules requiring banks across the European Union…
AliExpress legal head expounds EU’s new product safety law
Mah Soon Sin As the EU rolls out its strictest product safety rules, Mah Soon Sin, the head…
NEWS: Gibraltar officially removed from EU’s AML blacklist
By PAUL O’DONOGHUE, Senior Correspondent THE European Union has formally removed Gibraltar from its anti-money laundering (AML) blacklist.…
Stricter BCA rules to take effect in September
Confirmation that compliance crackdown will go ahead comes after a Times article suggesting universities where students are habitually…
21-year-old MIT dropouts raise $32M at $300M valuation led by Insight
Karun Kaushik and Selin Kocalar weren’t planning to raise a Series A so soon. Their AI compliance startup,…
Glasgow Caledonian pauses recruitment to BCA-risk courses
Scottish university writes to agents to inform them of “pause” on course recruitment, along with withdrawal of offers…
EU sticks to AI Act timeline despite pressure from companies
The European Commission is sticking to its planned implementation of the AI Act. This is despite lobbying from…
NEWS: EU supervisors concerned fintechs ‘prioritize growth over compliance,’ European Parliament roundtable hears
By PAUL O’DONOGHUE, Senior Correspondent ALMOST three-quarters of European AML (anti-money laundering) watchdogs consider fintech companies as ‘high…
Sector will “pay the price” for rapid expansion at mid-ranking universities
Additional reporting by Nicholas Cuthbert Immigration white paper brings compliance conversations to the fore as Tony Blair’s Home…