Managers of Wealth Fintech

8 Regulations That Could Shape Fintech in Asia This Year

The following is a list of initiatives, regulations and standards that have been listed in the World Payments Report 2018, by Capgemini and BNP Paribas.

South African Government Begins Taking Steps to Regulate Cryptocurrency

This group aims to establish an educated and well thought-out plan for how cryptocurrencies and blockchain projects should be perceived and managed from a legal standpoint.

Intertrust simplifies organisational structure to support its transformation strategy

he new structure will be reflected in the composition of the Company's Executive Committee, with immediate effect.

Pay attention to faux Singapore Police Power web site: Scammers could faux to be officers

While the victims visit the fake website, they would be asked to provide confidential information such as credit card details and internet banking credentials, purportedly for investigation purposes.

Milleis Banque Selects Wolters Kluwer

The bank will also implement OneSumX for Regulatory Reporting.

The slow-burning effects of Europe’s new data rules

PSD2 and Open Banking, a year on

Hong Kong holds meeting to enhance cross-border fintech collaboration

The round table was attended by about 45 senior representatives from six international organizations

EU fintech network mooted

"This is one factor that has the potential to impede the scaling up of financial innovations across the EU."

Harneys represented DXC Technology Company on its proposed US$2 billion merger acquisition of Luxoft

This transaction sets a new BVI record for the largest ever takeover of a publicly-listed BVI company by transaction value.

Data Protection Predictions 2019

The GDPR appears to have resulted in a big shift away from consent as the processing condition relied upon for the majority of commercial processing activities.

EU-AU Digital Economy Task Force Launched

The Task Force is composed of 20 African and EU decision makers, and representatives from the private sector, the international financial sector and civil society.

ESAs publish joint report on regulatory sandboxes and innovation hubs

The report sets out a comparative analysis of the innovation facilitators established to date within the EU.

Digitalization and the challenge of KYC for financial institutions by Kramer Levin Naftalis & Frankel

The French Prudential Supervisory and Resolution Authority guidelines published on December 12, 2018 on the identification, verification and knowledge of customers[1] address this issue.

Robots are not killing our jobs, says World Bank

The World Bank does not guarantee the accuracy of the data included in this work.

Swiss company buys Australian-founded fintech vendor with KWM’s help

The deal will be funded by cash and debt, KWM said.

Bendigo and Adelaide Bank Goes Live with Wolters Kluwer’s OneSumX for Regulatory Reporting

Wolters Kluwer FRR, which is part of the company’s Governance, Risk & Compliance division, is a global market leader in the provision of integrated regulatory compliance and reporting solutions.

Irish Gov’t Approves Anti-Money Laundering Bill Affecting Cryptocurrency

EU member states must incorporate the directive into their respective national laws by Jan. 20, 2020.

Google stashed billions in offshore tax haven

Tech companies like Google and Apple are well-known users of the strategy, which officials from each of the countries involved have moved to close.

Starling Bank gets passport to security issue hell

Initially, McRae spoke to Starling in private. The bank also responded on Twitter that it was looking into it.

Sports stars owed thousands after social media start-up collapse

But 20Four appears to have been unable to capitalise on that star power, and liquidators are now trying to sell the last of its assets to pay the more than $900,000 it owes.

Legal,Regulation,Tax & Compliance