Managers of Wealth Fintech

Are Crypto Taxes Giving You A Headache? Keep These Tips In Mind To Make Next Year Go Smoother

Many also ended up unexpectedly owing thousands of dollars in tax, which forced them to sell coins at depressed prices in order to pay it.

Open banking: clarity provided for banks over 'opt outs' and revoking consent

The views expressed by the European Banking Authority (EBA) build on other guidance banks have been given in relation to customer consent in the context of open banking.

Further regulatory perils await unwary financial sector

Perhaps due to the sheer volume of regulatory changes, a quick-fix approach still prevails in the industry.”

Saudi Arabia and UAE cooperating on regional crypto coin

Most regulatory agencies have been wrangling with the digital currency concept for years, searching for existing regulations that could be used to police exchange compromises and protect investors from outright fraud.

How regtech will digitally transform asset management in 2019

This lets AMs focus on what they are good at – raising new capital, retaining existing clients and delivering strong risk adjusted returns for their investors.

Reflections on the "Crisis? What Crisis? - Dealing with Data Breaches" Seminar in Guernsey

Partners Richard Field and Richard Sheldon analyse the results from the polls, which were run on the day, and summarise some of the core themes and takeaways from the session.

Wealth manager calls on FCA boss to quit over Mifid II

Financial Conduct Authority CEO admits no firm has faced enforcement action on fee transparency

HF Markets Gets UK FCA Licence

HF Markets (UK) Ltd is part of HF Markets Group - widely known by the trading names HF Markets and HotForex - a conglomerate which encompasses global and regulated entities operating as multi-asset brokers.

UAE Banks Federation outlines plans to combat cheque fraud

We are committed to enhancing the security of the UAE financial system

Volt Bank first neo-bank to get full banking licence

Until now, Volt, like other "neo-banks," had been limited by the fact it only held a "restricted" licence.

GDPR a significant driver in adviser tech adoption, says Intelliflo

The service has been available since 2015 but it was the introduction of the strict new GDPR rules which has had the biggest impact in terms of advisers engaging with customers to use the portal.

Italy’s 2019 budget law introduces new digital services tax

The budget law introduces a new digital services tax (DST) to replace the DST that was proposed under the 2018 budget law but that never became effective.

Tech Trends 2019

And a small number of dedicated tech enthusiasts at Deloitte Consulting were preparing to launch our firm’s first annual Tech Trends report.

UK financial services regulator to link top banker bonuses to IT performance

FCA head tells Commons Treasury committee: “We expect banks’ policies on variable remuneration to reflect operational resilience. They have to – if they don’t, we will act.”

Government warned of dangers in digital tax

The OTS offered the example of self-driving cars, asking the question of who was responsible between the owner, passenger, manufacturer or software developer should the vehicle be involved in an accident.

SARB Aims to Create an All-inclusive Crypto Regulation Law

The South African Reserve Bank released the document comprising of recommended regulatory guidelines designed for the crypto-asset industry.

China’s Rules for Blockchain to Take Effect in February

Blockchain startups will have to register within 10 days of commencing their services through a dedicated service portal, and companies developing new products will have to undergo a “safety assessment”.

European Banking Regulators Call for Unity in Crypto Regulations

EBA decried the lack of uniformity in crypto laws

Cryptocurrency trading platforms will be inspected by Bulgarian National Revenue Agency

The authority understands the concerns relating to such transactions, and the most important detail about the transactions of virtual currencies being anonymous is the biggest of them all.

Management and technology consultancy firm launches solution for compliance with the new SFTR reporting obligation

The European Commission approved the final implementation standards of the European Securities and Markets Authority (ESMA) on December 13, 2018.

Legal,Regulation,Tax & Compliance