02/15/2019
BigTechs, Outsourced Services Pose Financial System Risk – FSB
Additionally, that there could be new implications for financial stability from the entrance of BigTech firms into finance.
Legal,Regulation,Tax & Compliance
02/15/2019
CSRC Seeks to Control Speculation on Shanghai’s New Tech Board
“Regulators are concerned that it will in turn hurt investors.”
02/15/2019
UK and Canada forge closer fintech ties
Renewing this MoU will help us to encourage greater innovation and ensure ongoing cooperation between the UK and Canada.
02/13/2019
RWC Partners Selects Charles River IMS to Centralise Investment Management Processes
For investment managers to make sound decisions in real-time, they require timely and accurate information, said Gavin Lavelle, Managing Director EMEA, Charles River.
02/12/2019
Saudi banking regulator launches regulatory sandbox to test FinTech
The initiative will help the Saudi Arabian Monetary Authority understand and assess the impact of new technologies on the financial services market
02/12/2019
Philippines’ CEZA Issues New Rules for Digital Assets, Token Offerings
“It is our goal to provide a clear set of rules and guidelines that will foster innovation yet ensure proper compliance by actors in the ecosystem,” said CEZA chief Raul Lambino.
02/12/2019
Calls for regulator to ensure access to cash after bank IT failures
New watchdog required to protect 25 million people who still rely on cash, says Which?
02/11/2019
Managing Blockchain: Gov't. Looking at Regulations
Mr. McLaughlin said according to the online magazine International Investment Cayman-registered blockchain companies raised upwards of US $5.5 billion from initial coin offerings.
02/10/2019
Mifid rules 'corrupt' investment strategies
The rules took effect in January 2018, with the intention to increase transparency of costs charged to clients and to strengthen investor protection.
02/07/2019
FCA approach to MiFID transparency calculations
Full details will be provided then, but the powers were provided to us to help avoid significant short-term disruption in a no-deal scenario.
02/06/2019
BMA Joins Global Financial Innovation Network
The BMA’s involvement with GFIN is a testament to its commitment to support innovation and to collaborate with the international regulatory community.
02/06/2019
Philippines brings in new rules on crypto assets
Under the rules, all DATOs must have proper offering documents with pertinent details on the issuer, project, and accompanying advice and certification of experts and DA agents.
02/05/2019
Islamic-Compliant Cryptocurrency Exchange Certified
Rain aims to enable family offices, investors and Islamic institutional investors to buy, sell and store cryptocurrency in an Islamic-compliant way.
02/05/2019
Malaysia regulator unveils rules for digital asset platform operators
SC Chairman Syed Zaid Albar says the framework is part of the regulator’s efforts “to promote innovation while ensuring investor protection in the trading of digital assets".
02/05/2019
Vietnam's FPT teams with Allianz on digital insurance
New venture will cater to country's tech-savvy youth
02/04/2019
Ghana SEC Mulls Over Possibility Of Regulating Cryptocurrencies
People to desist from dealing with these crypto entities but when you choose to go there you are on your own
02/04/2019
Ultimate Software Announces Agreement to be Acquired
Ultimate Software Stockholders to Receive $331.50 Per Share in Cash; Ultimate to Continue Driving HCM Innovations Under Private Ownership
02/04/2019
Starling Bank courts Irish banking licence as it launches euro accounts
The move marks a sizeable step-up in the battle to win over British consumers
02/01/2019
Cayman’s laws well equipped for maturing digital asset market
Cayman is well positioned as it already has laws in place to navigate digital asset projects.
01/30/2019
Raisin announces Open Banking partnership with Santander Spain
For Raisin, based in Germany and launched in 2013, the partnership with one of Europe’s largest banks is an important signal.