Fintech PR
COMPLY and ZenLedger Partner to Deliver First Integrated Digital Asset Compliance Solution
Pioneering solution provides real-time insight into employees’ cryptocurrency holdings and transactions
NEW YORK, Dec. 5, 2023 /PRNewswire/ — COMPLY, the global market leader of compliance software, consulting and education resources for the financial services sector, announced today the launch of COMPLY Digital Asset Trade Monitoring, an innovative compliance solution for the digital asset and cryptocurrency market, made possible through COMPLY’s new partnership with ZenLedger, the industry-leading blockchain data and tax solution.
This first-of-its-kind offering bridges the gap between cryptocurrency compliance and regulatory technology, offering a seamless solution to tackle the evolving challenges in the digital asset space. With Digital Asset Trade Monitoring, firms have access to a software solution that provides real-time insight into their employees’ cryptocurrency holdings and transactions, enabling comprehensive monitoring and violation tracking. Firms have historically employed manual processes to track cryptocurrency trades, whereas compliance teams leveraging COMPLY’s Digital Asset Trade Monitoring will be able to automate blockchain and exchange monitoring, supported by turnkey onboarding for all employees, self-service functionality, and easy ongoing maintenance.
Cryptocurrency and other digital assets have emerged as a dynamic and rapidly evolving financial industry sector. Regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) and the Internal Revenue Service (IRS) have increasingly scrutinized the cryptocurrency space, leading to a significant increase in compliance needs for individuals and businesses. In recent years, regulators have levied nearly $3 billion in non-compliance fines on cryptocurrency firms. However, a lack of clear regulation in the market has created distinct challenges for many firms.
“Based on COMPLY’s proprietary data, up to 45% of firms require their employees to preclear cryptocurrency trades. However, given the lack of automated resources to track such trades and confirm compliance with a firm’s policies, the majority of that group has likely relied on manual processes. As cryptocurrency popularity continues to surge, and regulatory pressures on these assets increase, firms will need technology-backed solutions,” said David Bliss, COMPLY’s Chief Product Officer. “The launch of COMPLY’s Digital Asset Trade Monitoring is a direct answer to the challenges our clients face in today’s evolving market. Financial services firms did not have a real-time, automated solution for digital asset monitoring, and were forced to conduct the process manually, relying on employee-provided data such as cryptocurrency wallet screenshot uploads. As a market leader and a CCO’s first call for compliance resources, we are taking proactive steps to address the evolution of the financial landscape – and the heightened compliance requirements – which come with new technological advancements.”
COMPLY, with its extensive experience in providing configurable compliance solutions to meet the unique requirements of private equity firms, hedge funds, broker-dealers, investment advisers and more, recognizes the pressing need for tailored solutions in the digital asset space. Leveraging its expertise, COMPLY has embarked on a groundbreaking journey with Digital Asset Trade Monitoring, powered by its integration with ZenLedger, a company renowned for its expertise in blockchain analytics and forensic accounting.
Integrating COMPLY and ZenLedger introduces a comprehensive compliance solution that helps enterprise businesses adhere to evolving SEC and IRS regulations. This innovative partnership simplifies the compliance process and enhances the overall trading experience for cryptocurrency market participants.
Digital Asset Trade Monitoring offers:
- Pioneering Integration: A fully integrated Digital Asset Trade Monitoring solution addresses the concerning gap between compliance and the cryptocurrency industry.
- Streamlined Registration and Monitoring: With streamlined digital asset import, the new unified platform will ensure total transparency for employers to comply with current and future SEC or IRS regulations.
- Real-Time Accuracy: ZenLedger’s best-in-class ingestion engine provides real-time accuracy with comprehensive coverage across various digital asset types, wallets, and exchanges
“Real-time monitoring is a significant leap towards simplified, standard enterprise compliance with expected digital asset regulations,” says Jonté Harrell, ZenLedger Chief Financial Officer. “We’re already live with a number of notable crypto-native enterprises and TradFi institutions who reduced their risk exposure immediately. Ultimately, this solution answers the call for transparency in crypto and accelerates progress towards industry self-regulation.”
As global adoption grows and regulation continues to intensify, COMPLY and ZenLedger’s partnership is a groundbreaking step towards providing a vital solution that simplifies compliance processes and ensures that individuals and businesses are well-prepared for the evolving regulatory landscape.
More information on COMPLY Digital Asset Trade Monitoring is available here.
About COMPLY
As a global market leader in regulatory compliance solutions, COMPLY combines the power of regulatory technology, services and education to empower Chief Compliance Officers (CCOs) and compliance professionals to easily navigate the regulatory landscape. COMPLY enables firms to scale their growth, while remaining vigilant in their compliance efforts by providing solutions designed to manage the burden of complex compliance tasks. Our deep bench of industry expertise – which includes expansive knowledge in technology enablement and regulatory compliance protocols and processes from our product portfolio offerings ComplySci, RIA in a Box and NRS – supports more than 7,000 clients, including investment management firms, private equity firms, hedge funds, broker-dealers, registered investment advisers and other financial service sector participants.
COMPLY continually supports clients in their work to proactively address core compliance challenges – minimizing risk, addressing critical priorities and meeting new demands as the industry evolves and the firm scales.
About ZenLedger
ZenLedger aggregates user transaction information across thousands of exchanges, wallets, and tokens into one simple dashboard, making it easy to calculate personal crypto taxes, audits, or investigations. ZenLedger helps cryptocurrency investors, tax professionals, and enterprises stay compliant with integration support for over 400+ exchanges, 40+ blockchains, 20+ DeFi protocols, NFTs, and all wallets. Backed by Parafi, Mark Cuban, Bloccelerate, Vestigo Ventures, and other leading investors in venture capital.
Zenledger.io, @zenledgerio
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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
The following files are available for download:
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Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
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EQT AB Group |
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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