Managers of Wealth Fintech

Digital Capital Management Suing Law Firm over ‘Erroneous Advice’

From here, Digital Capital Management indicates that the firm advised them that crypto-assets are not viewed as securities.

Fintech regulation to watch in 2020

Attorneys say stakeholders are likely to see increased awareness of fintech issues in the national capital in 2020

Faegre Baker Sued by Crypto Fund Manager

The suit against Faegre Daniels alleges the firm advised the plaintiffs that “Crypto Assets are not securities” and to thus structure the fund’s business “accordingly.” The advice was “erroneous,” the complaint sa

Google says it will no longer use 'Double Irish, Dutch sandwich' tax loophole

Technique allowed the tech giant to delay paying US taxes on international earnings for years, and pay a lower tax rate overseas

Right of Access under GDPR: Draft Guidance from the UK ICO

Key takeaways

Beijing warns against cryptocurrency activity

Many entities have begun to use digital assets in ways the authorities say violate rules implemented in 2017

IRELAND UPDATE: European Commission consults on an EU framework for markets in crypto-assets

The Commission and European Council have jointly declared that they are “are committed to put in place the framework that will harness the potential opportunities that some crypto-assets may offer”.

Crackdown on data leaks prompts slump in suspicious trading activity

There has been a 92pc decline in suspect swings in the pound ahead of major announcements since the Office for National Statistics stopped giving hundreds of officials information in advance, academics found.

Global Financial Markets Regulatory Review - December 2019 Edition

The reports for each country include links to further information and contact information for Dentons professionals.

The future of technology in regulatory compliance for hedge funds and private equity firms

There is a growing expectation that financial institutions need to strongly consider modernizing their regulatory operations

Police freeze $26m of Aussie tech unicorn's funds after alleged fraud

The funds flowed through Airwallex after Uruguayan company Ciklus was allegedly defrauded.

Credit Suisse hit with $6.5 million U.S. fine for supervisory lapses

In settling this matter, Credit Suisse neither admitted nor denied the charges, but consented to the entry of FINRA’s and the Exchanges’ findings.

HSBC and JPMorgan Traders Accessed BOE Audio Feed, FT Says

Banks try to establish whether staff used feed probed by FCA

The Draft Federal Law “On Digital Financial Assets”

The Draft continues digital reforms aimed at setting up a procedure for the regulation of digital rights and assets – i.e., to set up a procedure for regulating the way of proving and certifying property rights in information systems operating on th

‘Bloodbath’ looms for tech firms as competition watchdog sets its sights on Google and Facebook

The CMA is increasingly drawing a line in the sand in front of US technology giants after decades of unchecked expansion.

Germany Will Introduce More red Tape for Crypto Custody Providers

Any digital representation of a value not issued by the central bank has no legal status in Germany.

Keeping Pace in the GDPR Race: A Global View of GDPR Progress - McDermott Will & Emery

More than half of the US company respondents apply GDPR data subject rights to both US and European employees.

Crypto complaints on the rise, says Fais Ombud

But definition and categorisation of virtual currency is creating difficulties.

Understanding the strategic and regulatory risks of artificial intelligence in financial services

World Economic Forum and Deloitte explore the risks inherent in deploying artificial intelligence in the financial sector, as well as strategies for mitigating them.

$722 million cryptocurrency Ponzi scheme

Withers is aware that some of our clients may have invested in BitClub Network, and may be affected by the alleged Ponzi scheme.

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