03/30/2020
Senate fintech committee re-opens inquiry to focus on COVID-19 aftermath
The committee is seeking guidance on the effects of the coronavirus on Australia's finance sector and what support is necessary in the wake of the pandemic.
Legal,Regulation,Tax & Compliance
03/27/2020
The top five misconceptions of hedge fund compliance with Regulation D and the impact of Blue Sky laws
The goal of our webinar is to provide specific takeaways and ideas you can take back to your firms on how to better handle important blue sky issues.
03/27/2020
PNP files charges against fake news purveyors on COVID-19 crisis
PNP Spokesperson BGen. Bernard Banac warned that "the PNP is dead serious to continue to take countermeasures against misinformation through cyber patrol operations and monitoring on all social media platforms.
03/27/2020
World Tax Advisor, featuring special COVID-19 section
These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.
03/25/2020
Tax in the time of COVID-19
The goal is to ensure that households and businesses are able to keep their heads above water until the health crisis can be contained, so that the economy is ready to rebound once the worst of the pandemic has passed.
03/25/2020
Acting selfishly has consequences right now – why ethical decision making is imperative in the coronavirus crisis
In fluid situations, these conditions are hard to meet.
03/25/2020
Coronavirus Job Listings and Money Laundering Schemes
Scammers posing as a legitimate charity foundation are hiring online customer service representatives that are required to do some groundwork in an initial stage.
03/24/2020
Singapore, Australia Agree to Promote Data Connectivity, Digital Economy
Under the DEA, both Singapore and Australia commit to prohibiting requirements for data localisation, which they say are an unnecessary barrier to trade and can drive up the cost of storing data for all businesses.
03/24/2020
Cayman Set to Introduce New Virtual Asset Legislation
The Bill defines virtual asset services as providing one or more of the following services or operations for or on behalf of a natural or legal person
03/23/2020
Singapore and Australia Agree to Enhance Data Connectivity in Financial Services
The DEA ensures that financial institutions operating in Singapore and Australia are able to transfer information that they generate or hold more seamlessly across borders.
03/20/2020
Yapeal awarded first FinTech license in Switzerland
Under the Swiss FinTech license, banks are restricted to taking a maximum deposit of USD106 million.
03/20/2020
Why the UK thinks tech giants deserve a digital tax
Sunak introduce a 2 percent tax on incomes from tech giants operating in Britain, especially those in search, social networks as well as shopping
03/15/2020
Government and regulators' responses to Treasury Committee reports on IT failures and economic crime
The Government published its response to the Committee’s business rates report on 27 February 2020
03/13/2020
LawTech Is Powering Growth In The UK Wills And Probate Industry
The report also finds that the UK leads the way in the legal technology market as the UK is home to almost half (44%) of all lawtech startups in the EU
03/12/2020
A near record year for money laundering: Banks hit with $10 billion in fines
One remarkable finding in the report is that, despite a spate of new data privacy laws, they resulted in almost no fines.
03/12/2020
Channel Islands Financial Ombudsman in breach of Data Protection laws
An early admission was made by the Channel Islands Financial Ombudsman as to the error and immediate action was taken to attempt to redress the situation.
03/12/2020
SFC Considers Easing Data Storage Rules – Report
The industry bodies said to be negotiating with the SFC to soften the rules include ASIFMA and the HKSA (Hong Kong Securities Association).
03/12/2020
HMRC warns against coronavirus email scam
Other scam calls may offer a tax refund and request you to provide your bank or credit card information.
03/11/2020
Thailand: New Tax-reporting Obligation for Banks and E-payment Service Providers
Reporting Obligations of a Person with Special Transactions
03/11/2020
PwC selects Salt Edge to join Digital Ecosystem Banking initiative
Salt Edge’s personal finance management (PFM) app where users can manage their finances holistically by connecting bank and e-Wallet accounts, is part of PwC’s Digital Ecosystem Banking.