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Solytics Partners Welcomes Nishanth Nottath as an Advisory Board Member to Bolster Financial Crime Compliance and RegTech Solutions
Solytics Partners Welcomes Nishanth Nottath as an Advisory Board Member to Bolster Financial Crime Compliance and RegTech Solutions

Yahoo

time13 hours ago

  • Business
  • Yahoo

Solytics Partners Welcomes Nishanth Nottath as an Advisory Board Member to Bolster Financial Crime Compliance and RegTech Solutions

NEW YORK CITY, NY / / June 9, 2025 / Solytics Partners, a global leader in RegTech and compliance analytics, proudly announces the appointment of Nishanth Nottath as Advisory Board Member for Anti-Money Laundering (AML) and Anti-Financial Crime (AFC) initiatives. His appointment is set to accelerate Solytics Partners' innovation in financial crime compliance and regulatory technology solutions. Nishanth brings over 25 years of leadership across AML, sanctions, and Compliance Technology, having held pivotal roles at Mashreq Bank, HSBC, Standard Chartered, and KPMG. Currently heading AML, ABC, Compliance Technology at Mashreq Bank - a leading financial institution in the Middle East with global operations - Nishanth has driven multiple award-winning RegTech Initiatives. At Mashreq, Nishanth spearheaded the development of Eagle Eye - an AI-powered platform for financial crime risk, which earned the 2024 Gartner Eye on Innovation Award for EMEA. His responsibilities span risk governance, policy development, and digital surveillance transformation. He also chairs the Digital Working Group under the UAE ACPF, contributing to pioneering industry guidance on trade-based financial crime in the Middle East. Nishanth's expertise in financial crime prevention and RegTech Innovation is a strategic asset as we expand our AML and ABC Solutions to meet the rising regulatory demands across global and regional markets," said Vikas Tyagi, CEO of Solytics Partners, "His in-depth knowledge of the GCC regulatory landscape and international banking will strengthen our solutions and client offerings." As an Advisory Board Member, Nishanth will guide Solytics Partners in enhancing its suite of AML compliance solutions, offering critical insights into regional regulatory expectations and helping drive advanced technology adoption. His role aligns with Solytics Partners' mission to empower financial institutions through technology-driven compliance tools that adapt to complex and evolving regulations. "Joining Solytics Partners is an exciting opportunity to contribute to the next generation of compliance technology," said Nishanth. "I look forward to contributing to their mission of developing forward-thinking financial crime solutions that empower clients to manage regulatory demands seamlessly and effectively." This strategic appointment reinforces Solytics Partners' commitment to advancing the RegTech ecosystem and underscores its position as a trusted partner for institutions combating financial crime across borders. Contact InformationDeepak Mehta Investor SOURCE: Solytics Partners View the original press release on ACCESS Newswire Sign in to access your portfolio

Citizens fight to save 368 trees at Cantonment, start petition
Citizens fight to save 368 trees at Cantonment, start petition

New Indian Express

time30-04-2025

  • Politics
  • New Indian Express

Citizens fight to save 368 trees at Cantonment, start petition

BENGALURU: Within 24 hours, 2,835 people signed a petition against the railway department's request to cut 368 trees for a commercial project at Cantonment. The campaign -- Stop Butchery of 368 Mature Trees at Cantonment Railway Station -- was initiated by Heritage Beku, a citizens group, on on Monday. The target is to reach 5,000 signatures and hand over the same to the BBMP forest wing, which has called for objections and suggestions in this regard. Talking about the petition, urban conservationist Vijay Nishanth said the Biodiversity Management Committee will also conduct spot visits to the place. 'Some of the portions have already been concretised at Cantonment Railway Station in Vasanth Nagar. Now, we will push for a physical consultation regarding the objections call from Bruhat Bengaluru Mahanagara Palike (BBMP) for tree cutting. Our primary demand is that the railway department should not disturb the tree canopy and biodiversity,' said Nishanth. Greens are angry at the railway department as it had sent a requisition letter to the BBMP forest division seeking permission stating that it wants to remove trees to build a commercial project. 'When they knew a commercial project here requires felling 368 trees, including old-growth ones, they should have altered the plan or just dropped it. It's good that we have a tree committee in the BBMP which mandates every household, industry, organisation to seek permission and the committee follows procedures including public consultation, else the trees would have been axed just like that,' said an activist. On Friday, the BBMP forest wing published a notification calling for objections, suggestions and comments from the public regarding the removal of trees at Vasanth Nagar Railway Colony in Cantonment. Following the notification, there has been resentment among greens over the railway department's action.

Cantonment commercial project sparks outrage over plan to cut 368 trees in Bengaluru
Cantonment commercial project sparks outrage over plan to cut 368 trees in Bengaluru

New Indian Express

time29-04-2025

  • Business
  • New Indian Express

Cantonment commercial project sparks outrage over plan to cut 368 trees in Bengaluru

BENGALURU: The Commercial Development Project at Cantonment by the Railway Department has courted controversy, as it requires the felling of a staggering 368 trees — including Peepal, Rubber, and Christmas trees — many of which are over a hundred years old. Amid this development, the Bruhat Bengaluru Mahanagara Palike (BBMP) Forest Wing has invited objections from the public before granting approval for the project. Enraged by the proposal, environmental activists have called for the project to be stalled if it involves cutting down trees. According to an objection notice issued by the Deputy Conservator of Forests (DCF), BBMP Forest Division, the Joint General Manager (Projects/Expert) of the Railway Land Development Authority, Ministry of Railways, Government of India, has submitted an application for the removal of trees located within the Bangalore Cantonment Railway Colony premises in Vasanth Nagar for the 'Commercial Development Project.' BLG Swamy, the DCF, BBMP Forest Wing, said that the notification was published last Friday. As per the notification, the public has 10 days to submit objections, comments, and suggestions regarding the project. 'Based on public objections to the project, a communication will be made with the Railway Department. If the public is not in favour of cutting trees, the BBMP Forest Department cannot permit the felling of trees,' Swamy said. Expressing strong resentment, Biodiversity Management Committee member Vijay Nishanth said that whenever governments have attempted to axe trees for unnecessary projects, citizen groups have successfully launched protests to stall them in the past. 'A campaign will be launched under the title 'Save Cantonment Heritage Trees.' Citizens will be encouraged and appealed to lodge their protests by writing to dcfbbmp12@ the email account of the BBMP Forest Wing Chief, and to rldabangalore2022@ the official email account of the Railway Department,' said Nishanth. He further criticized the BBMP for even entertaining the proposal. 'The BBMP should have rejected the proposal outright instead of calling for objections, especially when it clearly states that the felling is for a commercial project,' he said. 'The authorities seem to have turned a blind eye and lost their common sense in proposing such a project and seeking public opinion on cutting trees. The city is already grappling with rising heat levels and a shrinking green cover. We will also approach Union Minister of State for Railways, V. Somanna, urging him to announce the scrapping of the project if it requires cutting trees. His actions and decisions will reveal how much concern he truly has for nature and Bengaluru,' Nishanth added.

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