10/20/2023
US Treasury proposes crypto mixer-crackdown to end anonymous transactions
In the last year the US sanctioned crypto mixers Tornado Clash and Blender for allegedly supporting North Korean hacking organisation Lazarus Group.
Legal,Regulation,Tax & Compliance
10/19/2023
Jack Henry unveils cloud-native fraud and AML solution
The platform is built on the public cloud, allowing for real-time data, more accurate reporting, open integrations, speed, and agility.
10/18/2023
Fed governor Bowman sceptical on digital dollar
Despite her scepticism, Bowman said that she sees value in continuing to research CBDCs, noting the "interconnected and global nature of the financial system".
10/17/2023
Raymond James Selects J.P. Morgan Asset Management's 55ip to Enhance its Managed Accounts Platform with Integrated Tax Management Technology
55ip delivers custom, tax-smart investing at scale.
10/17/2023
Singapore Crypto Bourses Work With UK Investigators
According to Benton, this unique NFT cuts down the duration to freeze assets.
10/16/2023
Mena Fintech Association establishes Digital Assets Working Group
Founded in 2018, the MENA Fintech Association has earned recognition as one of the top 4 fintech bodies globally.
10/13/2023
Australia moves to give RBA oversight of Apple Pay
The draft legislation is now open to public consultation and is expected to be introduced to parliament later in the year.
10/12/2023
Can ChatGPT answer my employment questions?
To give it some credit, the bot did tell me with each answer it gave that I should seek guidance from legal experts who could advise on my individual situation.
10/12/2023
FCA fines and bans former Barclays CEO James Staley
The letter from Barclays to the FCA also claimed Mr Staley ceased contact with Mr Epstein well before he joined Barclays.
10/11/2023
France’s ‘Cyberscore’ law impacts online platforms
The draft order sets out the criteria, presentation methods, and rating system applicable to services for calculating the Cyberscore.
10/11/2023
Cooley #1 in League Tables for Artificial Intelligence Transactions
Firm ranks first overall in venture capital and M&A by deal value, deal volume
10/11/2023
FCA issues over 100 alerts in first day of new crypto regulation
The FCA is continuously updating a warning list of non-compliant firms to better protect consumers from illegal promotions
10/11/2023
Calls for AI regulations to protect jobs rise in Europe after ChatGPT’s arrival
“The most common fear is the potential for job loss,” Ikhlaq Sidhu, dean of the IE School of SciTech at IE University
10/09/2023
Komainu scores FCA crypto registration
We are perfectly positioned to take advantage of the growing digital asset ecosystem in the UK
10/09/2023
Carey Olsen advises Mauve on becoming the first regulated non-custodial virtual assets exchange
The Carey Olsen team was led by partner Chris Duncan and included attorney Nicholas Vasic and articled clerk Charlotte Crang.
10/09/2023
CMA Investigates UK Cloud Services Market After Ofcom Reveal Concerns About Providers
Ofcom’s report also outlines concerns it has heard about the software licensing practices of some cloud providers, in particular Microsoft.
10/06/2023
NAB implements cash mangement tech from Trovata
Troata is a US startup that specialises in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation.
10/06/2023
Blackbaud agrees to $49.5m settlement over massive data breach
This settlement stems from a significant 2020 data breach, which exposed sensitive details from approximately 13,000 nonprofit entities.
10/05/2023
Ripple obtains in-principle regulatory approval in Singapore
Ripple experienced unprecedented business momentum for ODL globally in 2022 - with a majority of this growth driven by its Singapore operations.
10/05/2023
Brazil’s Itaú stirs fintech competition in Chile with neobank offering
This move echoes the trend of traditional banks venturing into the digital realm in response to mounting competition from digital-only financial providers.