Technology at the Heart of Regulation

Did you know your transaction reporting obligations don’t end when the necessary information has been submitted to the authorities? Besides providing the relevant data, you still need to confirm that the transaction reporting occurred in a timely and accurate manner as it’s required by the regulation. This, in turn, raises another crucial question: What exactly does “timely and accurate” mean, and how does this play a role in the efficient…

We are excited to announce that MAP FinTech has been shortlisted in six categories at A-Team Group’s 2022 RegTech Insight Awards APAC! The RegTech Insight Awards – APAC recognise both established solution providers and innovative newcomers. They highlight RegTech solutions that throughout the year have successfully improved firms’ ability to effectively respond to evolving and ever more complex regulatory requirements across the global financial services sector. We would greatly appreciate…

Regulatory reporting consists of the submission of data to national competent authorities (NCAs) or authorised Trade Repositories in order to comply with the enacted regulatory provisions.  Simply stated, it is the process financial services firms must follow to demonstrate compliance with the established rules. This so-called cost of compliance is materially significant and burdensome. However, the opposite is also true; the cost is even greater when it comes to non-compliance!…

MAP FınTech is happy to announce that it has received the Gold Award in the category “Best Software as a Service Provider (SaaS)” for its Polarıs Platform at the Cyprus BITE (Business IT Excellence) Awards. The winners were announced on July 5, 2022, at a ceremony organized by Boussias Communications, the organisers of the awards. The Cyprus BITE awards recognise the excellence of ICT companies offering solutions with significant market…

MAP FınTech continues to provide long-term support to the new generation of Cypriots, focusing its efforts to give back to the community in areas related to learning and distinction at local high schools and universities. As part of this initiative, the company has awarded Constantinos Petrides, the student at PASCAL Greek School in Limassol that demonstrated exceptional academic performance throughout the school year in the subject of Information and Communications…

It is with great pleasure that MAP FinTech introduces its first internship programme, one that has been designed to develop young and enthusiastic individuals in the unique learning and growth system that is part of MAP FınTech.   Officially launched in June 2022, this initiative brings together for the first time a group of interns and mentees at MAP FinTech. This programme couldn’t come at a better time, as the…

Pursuant to Regulation EU 2019/834 (EMIR REFIT) that empowered ESMA to develop implementing and regulatory technical standards relating to the reporting framework under EMIR, the European Commission adopted the following acts on the 10th of June the following:   COMMISSION DELEGATED REGULATION (EU) /… supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards specifying the minimum details of the data…

MAP FinTech’s CEO, Panayiotis Omirou, has been featured on FinTech Global where he discusses the main reasons behind the rising demand for RegTech and why financial services companies have changed the way they handle their regulatory challenges. He also talks about industry trends and the effect the pandemic has had on the regulatory compliance space. Finally, Panayiotis Omirou introduces MAP FinTech’s multiple offerings, its award-winning platform, and the organisation’s future…