Managers of Wealth Fintech

Bank of Ireland accounts 'used to launder €273m in OneCoin scam’

US prosecutors call in current and former officials at lender to testify in cryptocurrency case

Prosecution to Call Bank of Ireland Members in OneCoin Money Laundering Case

Recently, staff members from Bank of Ireland were asked by the court to give testimony against Mark Scott, one of the most prominent figures who allegedly masterminded the fraudulent scheme.

Prosecution to Call Bank of Ireland Members in OneCoin Money Laundering Case

The Government’s position is that Mark Scott committed a fraud and money laundering that amounted to more than four hundred million dollars.

ACA Compliance Group launches ‘next-gen’ regtech platform

Jordan Schwartz, Partner at ACA, says: “To effectively and efficiently meet regulatory demands and identify risk, financial services firms no longer have to rely on manual processes and unconnected data sources.

Intellectual property Brexit checklist

UK companies will lose their database rights in the EU and should ensure there are robust contractual restrictions around any use of any databases licensed out/made publicly available to mitigate against this.

German watchdogs to adopt common GDPR fines policy

Data protection law expert Ruth Maria Bousonville of Pinsent Masons, the law firm behind Out-Law, said recent fines issued by the Berlin commissioner for data protection and freedom of information are in line with the approach

ING’s Chief Economist Predicts Digital Currencies by Central Banks

The economist stated digital currency “opens up a whole range of policy options.”

Switzerland-based EST Group Is Planning to Invest $250 Million into Indian Fintech Firms

Sajid Jamal, who leads EST Group’s venture fund, stated that the amount of capital invested is sufficient, however, it’s scattered.

Broadridge and FundsLibrary Collaborate to Provide a Range of Regulatory Technology Solutions for European Wealth and Asset Managers

New rules around MiFID II’s ex-post disclosure have introduced greater transparency for investors

PSR speech on digital payments and payments architecture

This is the text of the speech as drafted and may differ from the delivered version. This speech was delivered at Sibos, London, 24 September 2019.

Israel Approves New Digital Bank

The move comes as the country is working to boost competition in the banking sector, including lowering capital requirements and making the approval process easier for new banks.

Google Wins Landmark Case To Confine The ‘Right To Be Forgotten’ To Europe

The ruling stems from a case in which CNIL, the French privacy regulator, fined Google around $100,000 in 2015 when it refused to comply with an order to delist information from international search results when requested.

Banks worth $47 trillion adopt new U.N.-backed climate principles

Under pressure from investors, regulators and climate activists, some big banks have acknowledged the role lenders will need to play in a rapid transition to a low-carbon economy.

Technology and real estate: faster, quicker, more

Data availability is at top of the list for many real estate asset managers, Limited Partners (LPs), property managers and CFOs.

Singapore joins calls for global approach to Facebook’s Libra

Central bank’s managing director raises concern over digital currency’s macro financial risks

Walkers Singapore acts on Liberty Bitcoin Fund

Walkers partner James Twigg and associate Heather Murray acted on the matter.

Regulators and innovators are better together in a sandbox

Bahrain has always been considered a center of excellence in finance, according to Al-Sharaf.

Apple Can’t Win Its $14 Billion European Tax Battle

Even if the tech giant wins its court appeals, it will have to pay the money—and more—to Washington

Massive IT Support Fraud ‘Made $10 Million From Thousands Of Elderly Victims’

The scammers would then take control of victim PCs and pretend to fix the nonexistent problems, charging varying amounts depending on whether the “service” was one-time only or a lifetime offering.

Nets and KPMG Partner to Launch AI-Powered Payment Fraud Prevention Solution

Nets Fraud Ensemble is an AI powered anti-fraud engine that assists fraud prevention teams to navigate this ever-changing landscape in real time.

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