Managers of Wealth Fintech

Keeping the promise of the digital economy

Restrictions on high-tech trade can hinder the empowerment of the poor

Bitcoin slump highlights ‘zombie’ investor risk

Citi Private Bank analysts, reports Fortune magazine, found the volatile cryptocurrency surged up and down in value independently of other asset markets.

FinTech Australia Tells Aussie Government it is Time to Act on Legislation to Empower Private Company Equity Crowdfunding

Australia enacted new crowdfunding regulation (Crowd-sourced funding) in 2017 but left a gaping shortcoming in the new rules.

United States: House Subcommittee Examines FinTech Regulation

Brian Peters, Executive Director at Financial Innovation Now, advocated for modernization of the regulatory structure to keep pace with innovation.

Facebook bans ads for Bitcoin trading sites

Bitcoin Interest is the latest fork from Bitcoin.

Asian Wealth Management in Fintech Crosshairs

Wealth management will be a key battleground as China and Southeast Asia witness another wave of financial technology offerings this year.

HK and Australia Fintech Buddy-up

Danielle Szetho was appointed to lead fintech Australia in June 2016 with a remit to expand the reach of the association and its members.

SEC Halts $600M Bank ICO Scam

The SEC’s investigation was conducted by David Hirsch and supervised by Jessica Magee and Eric Werner in the Fort Worth Regional Office in coordination with the Enforcement Division’s Cyber Unit.

Building cyber resilience

Speech by Robin Jones, Head of Technology, Resilience & Cyber at the FCA, delivered to the PIMFA Financial Crime Conference, London.

Thailand Taking Steps to Regulate ICOs

Current guidelines limit the maximum investment for retail investors to $10,000 per ICO and $95,000 per person.

UK Banks Drag Feet On FinTech Data Sharing

Of the nine banks, Lloyds, Dankse Bank and Allied Irish Banks rolled out all the tech they needed to in order to enable data sharing with FinTech companies.

Russia releases the draft law on cryptocurrencies

Russian Ministry of Finance has published the draft Law on digital financial assets, which provides for the definition of the status of digital technologies, including cryptocurrencies.

The new EU directive on payment services - PSD2

PSD2 will be transposed into the Slovak legal order through the amendment of the Payment Services Act, effective as of 13 January 2018.

Appleby advises on revolutionary digital identity token sale

Commenting on the transaction, Samuel Banks noted: “Blockchain technology will revolutionise the way we manage our identities and the way we conduct business, online."

South Korea Fines Crypto Exchanges for Privacy Failures

Among the 10 surveyed companies, eight were found to be violating the Information and Communication Network Act, which mandates user privacy protection methods, according to the announcement.

Email addresses from top UK legal firms found on the dark web

Major organisations at risk of phishing and similar attacks, report claims.

SEC and CFTC promise to crack-down on virtual currency fraud

The Divisions of Enforcement for the SEC and CFTC will continue to address violations and bring actions to stop and prevent fraud in the offer and sale of digital instruments.

Merkel, Macron Join Forces on Regulating Cryptos

Both were in the city of lights to work on a joint declaration for a new Franco-German Elysée Treaty.

Banks in China Ordered to Halt Crypto Trading

Effective measures should be adopted to prevent payment channels being used for cryptocurrency settlement, the document went on to say.

World Federation of Exchanges publishes cybersecurity guidelines

Applying small ‘nudges’, or offering incentives regularly to staff, leads to greater discussion and awareness of cyber threats which may result in better cultural outcomes.

Legal,Regulation,Tax & Compliance