03/27/2017
Regtech, fintech and global trade reporting becoming Cypriot FX mainstay
It is now widely acknowledged that the talent base within the Cyprus FX industry is comprehensive.
Legal,Regulation,Tax & Compliance
03/24/2017
SEC gives green light for T+2 implementation
The cycle reduction is intended to enhance efficiency and reduce risk, and would align the U.S. with the European Union, which has used a T+2 cycle since 2014.
03/24/2017
StanChart Says Almost `Over Hump' on Costly Compliance Upgrades
The stakes are high for the bank that operates in more than 70 countries and is under investigation by regulators from the U.S. to Hong Kong.
03/24/2017
Wolters Kluwer to Provide Risk Management and MIS Reporting Solution to Nordea Bank Russia
NBR will also use the OneSumX MIS Reporting solution for key ALM and Market Risk measures.
03/23/2017
Regulation, Not Fintech, Will Have the Biggest Impact on Banks
In 2017 we expect the opening up of a new regulatory front to bring fintech under control
03/23/2017
Bank Leumi and Chinese Insurance Giant Ping An to Cooperate in Promoting Israeli High-Tech in China
Leumi is currently the only Israeli bank operating in China and it employs a team that is deeply familiar with the business and financial sectors in that country.
03/23/2017
BearingPoint looks to transform the regulatory reporting environment through its UKRep shared service offering; bringing the banking industry together
Based on BearingPoint’s Abacus360 platform, UKRep has been designed as a single industry utility
03/22/2017
Fintech could be solution for regulatory challenges facing Shariah contracts
Regulatory hurdles are the same, but shariah contracts are more complex than others.
03/22/2017
Baymarkets launches Clarity platform for RegTech solution delivery
Designed for use during pre-trade, at-trade, post-trade or across all three, the Clarity platform delivers solutions for any aspect of the order and trade lifecycle.
03/21/2017
FCA investigating Redcentric after accounting errors
Independent review commissioned by Redcentric has now finished, with the FCA and FRC now launching their own investigations
03/21/2017
Fintech Firms Can Now Apply for Banking Licenses
The bold move is a step toward acknowledging just how significant fintech startup firms are to the future of the financial industry.
03/21/2017
A.I. and Finance: the new (Automated) White Collars?
Banks in fact are trying to cope with the upcoming regulations that will impact the financial system
03/21/2017
Capgemini and Fujitsu paid £724m for HMRC Aspire contract in 2016/16
HMRC pays out £1.45bn to keep Aspire going over the past two years
03/21/2017
UK bank Tandem loses licence after funding blow
Digital lender misses out on investment from China’s Sanpower due to capital control fears
03/20/2017
Law Firm to Launch Disruptive Innovation
It saw an increase in revenues of over 40 percent on the prior year.
03/20/2017
Herbert Smith Freehills - Financial regulation update
BoE FinTech Accelerator community
03/20/2017
IBM courts fintechs with new developer cloud
The new tools can simplify the time-consuming tasks of selection, mapping and data integration.
03/20/2017
HMRC continues to splash out £700m a year on Aspire contract
FoI request reveals £1.45bn spent in last two years
03/20/2017
Would you bank with Apple, Google or Amazon?
There could be scope within current regulations for the Cupertino-based giant to issue credit cards.
03/17/2017
Slater and Gordon's new bankers supportive of 'solvent restructure'
A restructure by a debt for equity lender scheme of arrangement is in the best interests of all stakeholders