Managers of Wealth Fintech

Ogier in Guernsey advises on acquisition of crypto ETP issuer ETC Group

The Ogier team was led by partner Tim Clipstone

Asset Managers Split on Potential Impact of New FCA Rules on Investment Research

The survey aimed to gauge asset managers’ reaction to the final rules and to see whether the FCA’s changes to their initial proposals will change the industry response.

URCA releases consultation document for 5G

URCA believes that the consultation document represents a significant step towards the introduction of advanced broadband connectivity in The Bahamas

Jersey Office of the Information Commissioner publishes lessons learned from Data Protection Compliance Audit

The lessons learned will be instructive to all organisations in Jersey that are handling the personal data of individuals.

Compliance experts should help regulate crypto — Silk Road 2.0 founder

Compliance experts explain the importance of working with regulators to ensure that effective crypto laws are passed.

Citi inks referral agreement with Dubai's Network International

Citi has struck a referral agreement with Dubai-based Network International to offer the bank's corporate clients omnichannel payments services in the Middle East and Africa.

Revolut's valuation renews UK fintech investment debate

Revolut – which last month turned a corner with higher profits and timely accounts – could now consider a New York listing, with the UK government set to emphasise London’s appeal.

Deutsche Bank's Postbank settlement rejected by plaintiffs - Reuters

Deutsche Bank’s settlement offer to shareholders that sued them for underpaying for the Postbank acquisition has been rejected by plaintiffs.

They steal 14 million dollars in cryptocurrency with hacker attacks on Cayman Islands exchanges

The suspects had been present in Italy for several weeks and moved frequently between different exclusive locations.

Mastercard to cut around 1000 jobs

Payments firm Mastercard intends to cut its 33,400-strong workforce by three per cent, according to Bloomberg.

PSR sets out next steps for variable recurring payments in the UK

The regulator will now offer updated proposals in the autumn for further stakeholder comment.

Dubai court recognizes crypto as a valid salary payment

Heaver believes this shows a “progressive approach” to integrating digital currencies into the country’s legal and economic framework.

Bank Negara fines local banks for e-banking service outages

It said the investigation revealed that Maybank's failure to quickly recover from unexpected system disruptions caused significant problems with its online banking services for customers and partners.

Finma on stablecoins: “Same business, same risks, same rules”

Rather, the supervisory authority wants to show the industry how risks can be limited and problematic situations avoided.

Keir Starmer and Prince William used in deepfake crypto scam

People that click on the ads are taken to a landing page and asked to enter their names, phone numbers and email addresses.

HSBC joins Open Property Data Association

HSBC is the latest UK high street bank to join the Open Property Data Association, backing efforts to bring a standardised approach to sharing digital data in the home buying process.

Nikko Asset Management gets UK stewardship nod

Nikko AM’s submission is structured around how the firm addresses these principles in its investment management and other operations

UK proposes New Cyber Security and Resilience Bill to Boost the UK’s Cyber Defences

The King’s Speech also addressed the UK Government’s intentions towards establishing legislation to regulate the development of artificial intelligence (AI).

Judge orders Ripple to pay $125m penalty

Despite the penalty, CEO Brad Garlinghouse has claimed the ruling is a victory for Ripple, noting that the SEC had asked for $2 billion in penalties.

Canadian crypto exchange gambled away $9.5M of users’ Bitcoin and Ether

The British Columbia Securities Commission reveals how ezBtc’s founder misappropriated millions in customer funds for personal use, leading to significant investor losses.

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