Managers of Wealth Fintech

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.

The Current Status of AEOI CRS in Hong Kong and the known developments in 2019 And 2020

The OECD has not provided final guidance regarding RBI schemes.

Russia ushers in ‘Google tax’ on New Year’s Day

Prior to this, foreign companies were obligated to pay the VAT for providing electronic services only in the framework of transactions with individuals

The UK Financial Conduct Authority Continues Investigation of 67 Crypto Companies

It is believed that the regulator considers cryptocurrencies to carry increased investment risks and pose potential threats to financial markets.

Bitcoin Trader Troy Woody and Pal Mir Islam Charged in Philippines Murder

Tomi Masters was a small-town gal swept off her feet by a California cryptocurrency mogul. Now she’s dead and he and a friend are charged.

International financial centres crucial to fintech regulation

Offshore business has grown swiftly since the 1960s. Today, international financial centres are a critical part of the global economy, providing a space for new industries to thrive

IIA takes a fresh look at risk management model

The first line of defense is management’s responsibility to effectively assess risks and to design and implement internal controls to mitigate those risks, according to Chambers.

Silver Miller Files Lawsuit Against Creator of Alleged Crypto Ponzi Scheme

In truth, the lawsuit contends, the returns were not profits from investments, but “were simply reallocations to older investors of new investors’ assets” in a classic Ponzi scheme configuration.

ICO regulations to hit the United Arab Emirates in early 2019

A “regulatory sandbox,” as explained by The National, is a “framework that facilitates the development of the financial technology industry.”

Bermuda Financial Regulator Rolled Out Cryptocurrency Custody Rules

The Code published today seeks to protect the public and to clarify the Authority’s expectations in terms of the custody of digital assets.

Swiss Government Says Existing Finance Laws Can Apply to Crypto

The Federal Council is a seven-member body that serves as the executive branch of the Swiss national government.

Government and FCA respond to Treasury Committee’s Crypto-assets report

It is clear that the Government and the FCA share the Committee’s concerns on crypto-assets, including the lack of regulation, minimal consumer protection, and anonymity aiding money laundering.

UK Government note clarifies “no deal” and data protection

The note confirms that separate draft regulations and more detailed guidance will be published in the next few weeks but, in the meantime, it clarifies at a high level a number of key issues for organisations both within the UK and outside but doing busin

AfDB invests $7.5m in Africa Tech Ventures

ATV will provide seed investment to early stage companies that improve and facilitate access of essential goods and services to the underserved, effectively promoting inclusive growth.

Central Bank Of Bahrain Releases Cryptocurrency Regulations Draft

In addition, the draft rules involve steps to safeguarding customers interests, cybersecurity risk management, and technology standards.

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