10/23/2018
Advisers warned about Mifid II compliance
The regulator added the requirements applied from 3 January 2018 and do not require disclosure of costs and charges incurred before that date.
Legal,Regulation,Tax & Compliance
10/22/2018
Green FinTech Challenge
Once the application window has closed we will assess all applications and select a small number of firms that meet the criteria.
10/22/2018
Spain’s government approves new tax on large internet companies
The plans will also include a 3 per cent tax on online advertising, sales of user data and online platforms, in what the government hopes will raise €1.2 billion in tax revenue next year.
10/22/2018
Regulatory and operational barriers to digital payment remain
The World Payments Report 2018, which looks at innovation in the digital payments landscape and highlights what to expect from BigTech entrants, found that digital payments are experiencing a boom driven by developing markets.
10/22/2018
Mifid II may force platforms to change strategy
"Will they have to change their strategy? Maybe, in terms of Mifid II we might see financial advisers moving away from those [who don't change]."
10/22/2018
Japan FSA Updates Financial Sector Cyber Policy
The FSA’s policy document acknowledges the work by the G7 Finance Ministers and Central Banks on boosting financial system cyber resilience.
10/22/2018
Carey Olsen adds to cryptocurrency publication
Blockchain is particularly topical in our legal jurisdictions, each of which are helping lead the way in fostering a legal and regulatory landscape conducive to the continued expansion of the product. This guide is therefore an invaluable reference tool i
10/19/2018
Accelerating digital transformation in banking
Findings from the global consumer survey on digital banking
10/18/2018
The Asset Management Review - Bermuda Update
The formation of companies and partnerships is subject to the approval of the Registrar of Companies
10/17/2018
Major life-threatening cyber attack on UK ‘in little doubt’
Behind these high profile attacks there are the millions of online crimes that affect individuals every day.
10/17/2018
BVI to take ‘Goldilocks’ approach for regulating crypto assets
Crypto assets have dominated investor and manager interest over the last couple of years as more awareness of the potential of blockchain technology builds.
10/16/2018
Singapore and Indonesia regulators ink fintech pact
Southeast Asian regulators have been actively forging partnerships to grow their fintech industries as they believe technology and innovation will change the business models of financial services providers in the medium to long-term.
10/16/2018
OpenFinance And Refinitiv Join Forces To Offer Technical Analysis And Pioneering Private Banking Management Technology
The agreement between Openfinance and Refinitiv makes it possible to automate the decision-making processes inherent to the digital age.
10/16/2018
Hong Kong Securities Regulator Looks at Official Crypto Exchange Rules
Hong Kong’s securities regulator, the Securities and Futures Commission, is considering drawing up new regulations for local crypto exchanges in a bid to safeguard investors from risks in the space.
10/15/2018
Tech Leaders Carefully Back Away From Saudi Government
Saudi Arabia's Public Investment Fund is a force in Silicon Valley, but the alleged murder of a prominent Saudi journalist is putting some tech leaders in an uncomfortable spot.
10/15/2018
Lithuanian, Ukrainian central banks sign fintech cooperation agreement
The Bank of Lithuania and the Monetary Authority of Singapore signed their fintech cooperation agreement last March.
10/15/2018
Crypto Fund Mulls Asian Expansion
Crypto Finance's regulatory backing is a breakthrough in Switzerland's nascent crypto scene, where providers are rushing to build bridges between traditional finance and blockchain technology underpinning the token providers flooding into the al
10/14/2018
Head of British standards-setting body warns of rise in AI risk to financial markets
The global algorithmic trading market is expected to grow to US$18.16 billion by 2025 from US$8.79 billion in 2016 – but are the technology, artificial intelligence and electronic trading systems involved regulated strictly enough?
10/12/2018
Monetary Authority of Singapore to Mediate Between Banks and Crypto Startups
Two weeks ago, some banks in Singapore decided to suddenly stop doing business with crypto startups without offering an explanation.
10/12/2018
IMF and World Bank unveil Fintech Agenda
Fintech could transform the financial markets through which monetary policy actions are transmitted