Banks, investments and financial services are not known to be bastions of transparency — not to the general public, and, as the last financial crisis laid bare, sometimes not even to the people who operate within them. This was a fact known all too well by Andrew Hedley. Working in the area of risk at […]
London regtech GSS raises $47M to help banks screen for global sanctions
Global Screening Services (GSS), a London-based regulatory compliance platform that helps financial institutions meet their global sanctions obligations, has raised $ 47 million in a round of funding. The raise comes amid a spike in economic sanctions, with the U.S. issuing trade restrictions and asset blocking against states including Russia, China, Iran and more. Enforcement […]