https://www.taxtmi.com/news?id=66895 Financial institutions must prioritise the substantive objectives of regulation over a mere tick-box-based compliance culture, collaborating with regulators to develop analytics and detection tools to pre-empt digital frauds such as mule accounts. Supervision should be more continuous and off-site, supported by stronger data analytics and supervisory dashboards for near real-time monitoring. Regulatory principles must remain risk-based, proportionate, and technology-neutral, with human accountability preserved despite automation. en-us Fri, 09 Jan 2026 15:31:04 +0530 Fri, 09 Jan 2026 15:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=66895 Financial institutions must prioritise the substantive objectives of regulation over a mere tick-box-based compliance culture, collaborating with regulators to develop analytics and detection tools to pre-empt digital frauds such as mule accounts. Supervision should be more continuous and off-site, supported by stronger data analytics and supervisory dashboards for near real-time monitoring. Regulatory principles must remain risk-based, proportionate, and technology-neutral, with human accountability preserved despite automation. News - Fri, 09 Jan 2026 15:31:04 +0530 https://www.taxtmi.com/news?id=66895