12/12/2019
Goodbye LIBOR, Hello SOFR By Katherine Pearce and Nick Nolan
With LIBOR ending, the LSTA has laid out several key considerations that accounting systems will need to address moving forward.
Legal,Regulation,Tax & Compliance
12/12/2019
Podcast: Central Banking launches Tech Talk series
In the inaugural episode, Rachael King and Adam Csabay cast a critical eye over some of the biggest fintech developments of 2019
12/10/2019
BigTechs Could Raise Issues for Policymakers: FSB
While the activities of BigTech firms in the financial services sector have numerous benefits – including to promote financial inclusion and innovation in financial services – they can also pose risks to financial stability, the the says.
12/10/2019
FSB reports on BigTech in finance and third party dependencies in cloud services
The entry of BigTech firms into finance has numerous benefits, including the potential for greater innovation, diversification and efficiency in the provision of financial services.
12/09/2019
5 Asian Firms Named Top 100 Global Regtech Companies for 2020
Centenal’s award-winning CRS Expert is the first-of-its-kind regulation engine that transformed the Common Reporting Standard
12/09/2019
BNY Mellon connects custody systems to SimCorp Dimesnion
The partnership aims to accelerate the optimization of typically manual investment workflows
12/08/2019
UAE bank told to pay for Dh4.7 million after SIM swap fraud
Court judgment a wake-up call to banks to tighten security, says lawyer
12/06/2019
RiskAvert upgraded with new features
The Securitisation Regulation consolidates the patchwork of legislation governing European securitisations and introduces the long-awaited rules for issuing simple, transparent and standardised transactions.
12/06/2019
The view from the regulator on Operational Resilience by Megan Butler
The proposals in the Consultation Papers make it clear that we expect you to understand your vulnerabilities, invest in protecting those and protecting yourselves, consumers and the market.
12/06/2019
Joint statement by the Council and the Commission on "stablecoins"
When a "stablecoin" initiative has the potential to reach a global scale, these concerns are likely to be amplified and new potential risks to monetary sovereignty, monetary policy, the safety and efficiency of payment systems, financial stabili
12/06/2019
MiFID II: ESMA first review report on the development of prices for market data and on CT
The ESMA review found that, to date, MiFID II has not delivered on its objective to reduce the cost of market data charged by trading venues and Approved Publication Arrangements
12/06/2019
South African Bank Introduces Cryptocurrency Guidlines
Bitcoin and any of its altcoin relatives would also be subject to this statute.
12/05/2019
Tech Regulation Series: The End of Permissionless Innovation?
Businesses in every sector will need to monitor and approach compliance comprehensively, holistically, and with an eye towards driving standardisation over time in order to remain ready to respond to the digital age.
12/05/2019
A national strategy for Cyprus (and the Southern EU) on blockchain and DLT
This will enable the creation of a pro-innovation basis for the rapid adoption and smooth application of new technologies.
12/05/2019
'Honeymoon period' as firms escape fines for MiFID II reporting failures
FCA pragmatism 'will not last forever'
12/04/2019
UK to introduce digital services tax
The US is threatening to impose tariffs on a number of French products such as cheese, champagne and handbags after France said it would impose a 3% digital services tax on technology companies.
12/04/2019
Nordea Wins Danish Court Battle to Ban Staff Trading in Bitcoin
We filed suit because of the principle that everyone obviously has a private life
12/04/2019
Bipartisan Bill Seeks to Increase Internet Transparency and Consumer Control Over Content
The proposed legislation prohibits the use of opaque algorithms on covered internet platforms without first providing users with notice.
12/03/2019
Europol wipes out 30,000+ piracy sites, three suspects cuffed to walk the legal plank
Aw man, I was still downl...err.. great work everyone!
12/03/2019
South Africa Planning New Regulations to Prevent Use of Crypto for Capital Flight
The new rules are expected to go into effect Q1 2020.