Managers of Wealth Fintech

New Ordinance On Electronic Agent Use In Guernsey

The purpose of the Ordinance is to provide certainty regarding the use of electronic agents in contract formation, execution, performance and termination under Guernsey law.

Discussion paper released on taxation of digital economy

Australia is committed to working with other countries, through the G20 and the OECD, to develop sustainable, multilateral responses to address the challenges to our tax systems arising from digitalization.

FCA: 6th TechSprint to be held in Edinburgh

RegTech applies to new technologies developed to help overcome regulatory challenges in financial services.

Luxembourg and Australia agree fintech pact

Both our jurisdictions are leaders in funds management and other financial services. ASIC is very interested in learning from the fintech and regtech innovations that are taking place in the Grand Duchy.

The state of implementation of MIFID II and preparing for Brexit

WFE Annual Meeting 2018 - Hotel Grande Bretagne, Athens, Greece

ESMA withdraws MiFID automated trading guidelines following their incorporation into MiFID II

Following the entry into force of MiFID II on 3 January 2018, ESMA has reviewed the guidelines in order to establish whether, in the context of the new legislative framework, they need to be amended or repealed.

Value Partners’ robo firm loses licences

Value Partners Technology Systems no longer has its licences in Hong Kong after the regulator removed them last month.

Global Financial Institutions Fined $26 Billion for AML, Sanctions & KYC Non-Compliance Since 2008 Financial Crisis

Over the past ten years, regulators across the US, Europe, APAC and the Middle East have levied nearly $26 billion dollars in financial penalties against financial institutions for AML/KYC and sanctions-related violations.

IRTA launches new ‘IRTA Principles for RegTech Firms’

Work on these Principles will be ongoing; following the webinar, the IRTA has issued a ‘Call for Input’ to gather feedback from RegTech stakeholders around the globe and will publish a second iteration in March 2019.

Hong Kong Monetary Authority’s ‘regtech’ push raises transparency concerns at financial institutions

De facto central bank backs broader use of technology in regulation but machine learning and artificial intelligence pose questions about opaqueness of processes

e-payments to be regulated by Kuwait Central Bank

Al-Hashel added that a team of experts has been assembled to look into the most cutting-edge financial services and products to help the sector grow.

Japanese cryptocurrency industry group plans to tighten rules on asset management after thefts

In the recent hacking case, about ¥7 billion worth of cryptocurrencies were stolen from an exchange run by Tech Bureau Corp., an Osaka-based startup.

Internal audit needs to go digital

In many organisations in the Gulf region, internal audit is still regarded as a cost centre rather than a necessary support function

Lack of regulation may have hindered fintech development - MEVP CEO

The amount invested in fintech firms around the world in the first half of 2018 has surpassed the figure for the whole of 2017

Quorum 15, Greenwich Launch Q15 Digital

Quorum 15 was established in 2008 to encourage dialogue between buy- and sell-side institutions and build consensus around the key issues impacting the trading of equities, fixed income and FX.

Swiss Bankers Association Issues New Guidelines to Prevent Crypto Companies From Relocating

To ensure that blockchain-related projects can remain fully functional within the country, the Swiss Bankers Association (SBA) has released a new set of guidelines on September 21 that intend to bolster the availability of financial services to cryptocurr

Legal,Regulation,Tax & Compliance