03/23/2018
Japan regulator warns cryptocurrency exchange Binance over unregistered ops
The regulator said Binance likely allowed Japanese residents to open accounts without confirming their identities
Legal,Regulation,Tax & Compliance
03/23/2018
South Korea To Investigate Banks in Cryptocurrency-Linked AML Clampdown
South Korean officials are looking at ways to reduce risks associated with cryptocurrency trading.
03/23/2018
OECD issues interim report on tax challenges arising from digitalization
There is no consensus agreement among countries over the tax implications of scale without mass and a greater reliance on intangibles.
03/23/2018
Tax ruling offers alternative tax treatment for foreign investment corporations
For funds that do not fulfill the conditions for tax exemption (typically, small funds with few investors), the ITA has applied an alternative arrangement known as the “small funds tax arrangement.”
03/23/2018
New Fintech Tax Incentives for Retirees
An investment direction has captured the attention of retirees and its name is Fintech. But what on earth is it and why are over 65’s interested?
03/23/2018
New laws to charge VAT on software and other online services in South Africa
So, with effect from 1 June 2014, the VAT Act was amended and regulations were introduced which changed the way that certain imported electronic services were to be taxed,” the law firm said.
03/21/2018
City minister: Innovate Finance Global Summit speech
John Glen's speech to the Innovate Finance Global Summit.
03/21/2018
KPMG targets M&A market with Nuix’s powerful data analysis capabilities
KPMG’s deployment of Nuix software will facilitate this process and mitigate potential risks, such as litigation, non-compliance and increased cost and disruption to business as usual.
03/21/2018
Linx International to provide security training for SIRA in Dubai
Managing director of the Linx International Group, David Gill said: “Dubai is a major global hub and well respected as a centre of excellence, especially in areas of technology, security and policing.
03/20/2018
Regulating innovation: a global enterprise
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at Innovate Finance 2018.
03/18/2018
Tax Challenges Arising from Digitalisation: More than 110 countries agree to work towards a consensus-based solution
The members of the OECD/G20 Inclusive Framework on BEPS will work towards a consensus-based solution by 2020, as set out in their Interim Report on the Tax Challenges Arising from Digitalisation released today.
03/18/2018
Bundesbank's Buch adds to calls for cryptocurrency regulation
The issue of how to regulate cryptocurrencies is likely to be high on the agenda at a March 19-20 meeting of Group of 20 finance leaders in Argentina.
03/18/2018
Thailand To Introduce New Cryptocurrency Laws
The second regulation that Thailand is introducing is the revision of the country’s Revenue Code which concerns taxation related to cryptocurrencies and ICO’s.
03/16/2018
Japanese Officials To Ask For Crypto Rules At The G20 Summit
The new push is aimed at implementing common international guidelines for the fast-growing market.
03/15/2018
Outgoing FCA chair warns against crypto harm if not regulated
‘In 2013, I believed, along with many others, that London had, since the end of the Second World War, successfully made the transition from a financial centre of necessity to a financial centre of choice.'
03/15/2018
Christine Lagard says Blockchain Can Be Used to Help Regulate Bitcoin
Despite her inclusive tone and positive recognition of the virtues of cryptocurrencies, she reminds readers that what makes cryptocurrencies so attractive is also what makes them so dangerous.
03/14/2018
Why regulatory reporting continues to be an Achilles’ heel for FIs?
Today, FIs need to submit hundreds of regulatory reports - both at the solo entity and at consolidated levels
03/14/2018
Tandem bank snaps up money management app
The challenger bank has acquired leading finance management app Pariti for an undisclosed fee.
03/14/2018
Former billionaire tech entrepreneur charged with 'massive fraud' by US financial authorities
Holmes Stripped of Control of Company for Defrauding Investors
03/09/2018
Japanese Watchdog Bares Its Teeth
The financial regulator increased monitoring of virtual currency exchanges following the massive hack on Coincheck which resulted in the theft of $532 million worth of digital tokens.