Managers of Wealth Fintech

UK and Singapore Investment Bodies Join MAS’ Project Guardian to Advance Digital Assets

This marks the first time asset management-focused trade bodies have joined the international initiative.

Norton Rose Fulbright advises dwpbank on acquisition of lemon.markets Group

The Berlin-based FinTech lemon.markets is a brokerage-as-a-service platform

MAS License Rejection, Customer Complaints Trigger Police Probe Into Tokenize Xchange

The firm was required to return customer funds after its license was rejected, but MAS later found signs of asset shortfalls and possible failure to segregate client assets

HKMA outlines regulatory regime for stablecoin issuers

As the regulatory regime comes into effect, market participants are advised to observe the Stablecoins Ordinance and the relevant guidelines.

Bailey and Reeves clash over Revolut banking licence - FT

The Bank of England governor has reportedly clashed with chancellor Rachel Reeves over efforts to accelerate Revolut's authorisation as a fully-licenced bank.

Arbitrade crypto fraud trial begins in Florida

Between 2018 and 2019, Arbitrade “issued announcements falsely claiming it had received title to gold bullion”

Standard Chartered Hong Kong and Know Your Customer team on KYC verifications

The partnership will enhance SME account opening and KYC procedures with improved accuracy, speed, and security.

Banking Regulators Address Crypto Custody; Implications for Asset Managers

The loss of cryptographic keys is a primary risk for banking organizations safekeeping crypto-assets

Jupiter sets new standard for climate risk analytics

‘Jupiter Entity Modeling’ delivers risk insights tied to specific investment vehicles such as securities, funds, and corporates.

Contracts to Manage AI Risk (Bermuda)

The BMA’s 2025 Business Plan signalled future policies concerning the risk-managed use of AI by its registrants.

Next steps towards regulating digital identity providers unveiled

To ensure accountability, the BMA is proposing oversight powers that include the ability to suspend or revoke licences

SS&C Technologies to Acquire Calastone

The acquisition is expected to close in Q4 2025, subject to regulatory approvals. SS&C expects the acquisition to be accretive within 12 months and plans to fund the purchase with a combination of debt and cash on hand.

Digital Regulation Cooperation Forum: The Future of Open Finance and Smart Data

Open Finance presents opportunities to enhance competition, stimulate innovation and improve inclusion by helping providers to offer more tailored products and services to better serve the diverse needs of consumers

Linklaters advises Nextblock Ventures

The fund launches with initial commitments of US$40 million

Trump expected to sign stablecoin regulation Genius Act into law

This regulation is the first major national cryptocurrency legislation to be passed by US lawmakers, setting up a regulation for this type of cryptocurrency that is percieved as reliable, or stable.

MAS Launches Pathfinder to Help Financial Institutions Adopt AI

Pathfinder helps financial institutions share AI use cases and access targeted training, with 20 firms already onboarded.

Kraken launches US regulated derivatives offering

The launch will initially provide direct access to crypto futures listed on the CME through an integrated Kraken Pro trading experience.

Authorities Arrested 14 Hackers in Connection With large-scale tax fraud operation

Thirteen individuals, aged between 23 and 53, were apprehended in the Romanian counties of Ilfov, Giurgiu, and Calarasi by the Economic Crimes Investigation Directorate.

Understanding the digital VAT

Several services are listed as likely to become liable to VAT collections once enforcement is in effect.

A large bank in Kenya suffered an internal attack and lost about $4 million. USDT was used for money laundering.

People familiar with the matter said that the gang manipulated the bank's card management system, created unauthorized virtual cards and linked them to mobile wallets.

Legal,Regulation,Tax & Compliance