07/13/2018
Mifid II and the fight against financial crime
Speech by Mark Steward, Director of Enforcement and Market Oversight at the FCA, delivered at the Duff & Phelps Global Enforcement Review 2018.
Legal,Regulation,Tax & Compliance
07/13/2018
Cryptocurrency laws and regulations in Taiwan
The Taiwan government is also discussing, but has not concluded, developing further regulations for ICOs, and it is the hope of industry proponents that the need for government oversight will be minimized through the industry’s self-regulation.
07/13/2018
Cryptocurrency laws and regulations in UAE
Blockchain technology is a decentralized public or private ledger that records transactions between two or more parties.
07/13/2018
Cryptocurrency laws and regulations in The Philippines
The Philippine economy is built on remittances from overseas Filipino workers, who contributed US$33 billion to the country’s US$400 billion GDP in 2017.
07/12/2018
Facebook’s fine for mishandling the data of 87 million people is worth 15 minutes of its profit
The maximum fine under GDPR is 4% of global revenue, which would be worth nearly $2 billion for Facebook.
07/12/2018
The growing need for regulatory reporting change management processes
The increased emphasis on regulatory data requires a different approach to change management
07/11/2018
Standard Chartered enlists Regtech startup Silent Eight for financial crime fight
FCC’s strategy is to continually invest to be at the forefront of the ever-changing financial crime landscape.
07/10/2018
Top China regulator warns against ‘mythologising’ blockchain technology
Regulator’s remarks echo official government stance of cautious welcome for blockchain, while playing down cryptocurrencies
07/10/2018
If You’re Living In Australia, Hiding Your Crypto Offshore Doesn’t Mean You’ll Avoid Tax
Reports out today suggest that the Australian Tax Office are now set to follow up on those who are using offshore bank accounts to hide their cryptocurrencies.
07/06/2018
Platforms to engage closely with regulator over outages
An Aviva spokeswoman said: "We will study the discussion paper in detail and we look forward to engaging constructively with the regulators on these important issues."
07/06/2018
Maintaining Compliance In A Market Of Bank-FinTech Tie-Ups
“Collaboration is exactly the overall idea behind the Digital-[Finance]-as-a-Service offering,” said Stemmle
07/06/2018
RBZ Governor: Zim Central Bank Open To Investigating Blockchain Solutions
I did not say cryptocurrencies because it is lower than blockchain
07/06/2018
ICO regulation calls mount after record crypto-currency heists
CipherTrace found that $761 million has been laundered since the start of the year from crypto-currency exchanges.
07/06/2018
Profile Software’s RiskAvert platform implemented by IBG
Profile’s team has long-standing experience and a proven track record in efficiently delivering highly demanding, compliance-focused projects in SE Europe on time and on budget.
07/05/2018
Have You Heard About ePrivacy? The GDPR’s Bigger Brother
The GDPR does not consider metadata or the privacy of communication about or between legal entities
07/05/2018
How South Africa will tackle cryptocurrency regulation
As activity in cryptocurrency trading is increasing, so is the risk of exploiting these instruments for ambiguous or illegal purposes
07/05/2018
Standard Chartered to implement BearingPoint tax reporting suite
FiTAX’s coverage of more than 110 jurisdictions and the ability to monitor and adapt to the ever-changing client tax requirements is in line with the bank’s needs.
07/04/2018
Bank of Lithuania Releases New Regtech Feature For E-Licensing
The Bank went on to reveal that the new tool has been created in line with the latest amendments to the rules for issuing licenses to electronic money and payment institutions as well as branches of foreign electronic money institutions.
07/04/2018
The New World of Cyber Risk Management and Why Caribbean IFCs Should Take Notice
The legislation includes requirements for the protection of Personably Identifiable Information (PII), as well reporting requirements in the event of a breach.
07/04/2018
Euro bank regulator: Don't follow the crowd. Stay off the cloud
Outsourcing to fluffy white stuff carries 'reputation' risks – report