Managers of Wealth Fintech

Crypto.com secures licences in South Korea with acqusitions of PnLink and OK-BIT

“This is an exciting next step for Crypto.com in an important market,” said Kris Marszalek, Co-Founder and CEO of Crypto.com.

Fintech Laws & Regulations Report 2022 – The Bahamas

The chapter, which is now available, outlines the fintech landscape, funding for fintech, regulatory regime, accessing of talent and technology in the jurisdiction.

Opalesque Roundtable: The Bahamas’ Pioneering Legal Groundwork for Digital Assets Industry

The Roundtable report, which was published today, features fintech partner, Christel Sands-Feaste as one of the expert contributors.

Goldman Sachs’s credit card division under investigation by CFPB

Goldman Sachs is reportedly absorbing over $1.2 billion in losses to back its move into the digital consumer market.

Kenya beefs up consumer data protection

The law requires that all entities that process data must register with the ODPC and pay fees according to number of employees, turnover/revenue, and whether the firm is a public entity or not.

3S Money Obtains a Luxembourg Licence as an Electronic Money Institution

3S Money continues to invest in its expansion across its key regions by attracting new talent in the UK, Dubai, Latvia and now Luxembourg

SmartKYC introduces smartLists

With smartLISTS, firms are able to manage or ingest their own lists of individuals or entities.

HSBC points to IT risks of proposed break up

In a presentation to analysts on a positive second quarter, HSBC CFO Ewen Stevenson hit back at Ping An's proposals, arguing that the risks of setting up separate IT systems for Asia would far outweigh any material benefits from the move.

Regulation and how financial services can stay compliant

At the same time, with rapid digitisation over the last three years, and ever-evolving UK legislation accelerated by Brexit

BDCD in banking tech overhaul with BML Istisharat

The first phase of the replacement project is planned to complete within five months

Standard Chartered-Backed Zodia Markets Gets FCA Crypto Green Light

At Zodia Markets, our mission is to be the most trusted trading partner for institutional participants as they navigate this rapidly evolving asset class.

Jack Ma to give up control of fintech giant Ant Group: WSJ

If realized, the move will mark another important turn in Ant’s restructuring and power shuffling since China called off its $35 billion initial public offering nearly two years ago.

BNPL a “lifeline” for 58% of consumers battling cost of living crisis

Almost two thirds of Brits expect the cost of their bills to rise over the summer.

Proposed Guernsey rules impact fintech, crowdfunding, peer to peer and virtual asset service providers

Retailers offering credit in their own right will require a licence, but in most circumstances, high street retailers offering credit from a third party lender will not be required to have a licence.

CFTC creates Office of Technology Innovation

This reorganization and staff additions bolster an already strong team of division directors and office leadership previously announced by Chairman Behnam including the agency’s first Chief Diversity Officer.

Linklaters advises SIX Swiss Exchange on the amendments to the GDR rules relating to the “China-Swiss Stock Connect” programme

Linklaters provided legal support to the SIX Swiss Exchange AG

Legal,Regulation,Tax & Compliance