Managers of Wealth Fintech

Hong Kong residents lose HK$726 million in 2021 to phone scammers pretending to be mainland Chinese officials

Locals targeted by tricksters claiming ‘discrepancies’ in personal information for Covid-19 vaccine

DLA Piper advises Paradox

Serving global clients with hiring needs across high-volume hourly and high-skilled professional roles, Paradox streamlines tasks like screening and interview scheduling through mobile-first interactions with its conversational assistant, Olivia.

FBI Collaborates With Citibank, Sony, Japanese Authorities to Seize $180 Million in Bitcoin

The U.S. Department of Justice (DOJ) announced this week that the U.S. has “filed a civil forfeiture complaint” to “return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation

Germany to explore digital justice tools for citizens

It delivers a prototype that has already been adapted to the needs of future users through user feedback.

CMA seeks global approach to regulation of mobile ecosystems

The CMA is expected to publish its final report by 14 June 2022.

Sure and JT found guilty of illegal anti-competitive behaviour and slowing 5G delivery

The GCRA’s investigation initially focused on a suspected agreement in relation to 5G but as further evidence was uncovered it was expanded to include all mobile networks operated by Sure and JT.

Osborne Clarke advises Flywire Corporation

The Osborne Clarke team was led by Partner Tom Try, with support from Associate Courtney Fowler from the Corporate Team.

Hargreaves Lansdown partners with Door to digitise its fund manager due diligence process

From December 2021, it will be using Door to streamline and optimise its information gathering and due diligence assessments on asset managers and their investment products.

Dubai World Trade Centre to become comprehensive zone and regulator for virtual assets and Crypto

The Dubai World Trade Centre will be designing a comprehensive ecosystem for this progressive sector within Dubai.

Digital Markets Act to enter into trialogue negotiations

The European Parliament voted for stronger and centralised enforcement by the European Commission, in cooperation with national authorities.

The Monetary Authority takes disciplinary action against ePaylinks Technology

The Monetary Authority has reprimanded and ordered ePaylinks to pay a pecuniary penalty

Is your firm ready for the UK’s new prudential regime?

Post-Brexit, the IFPR serves as the UK’s version of the EU’s prudential regime, the Investment Firm Regulation and Directive.

SGX mandates climate and board diversity disclosures

All issuers must provide climate reporting on a ‘comply or explain’ basis in their sustainability reports from the financial year (FY) commencing 2022.

Wolters Kluwer FRR triumphs in APAC leadership, regulatory reporting and risk awards

Wolters Kluwer’s Finance, Risk & Regulatory Reporting business has won a number of major awards for the Asia Pacific region.

CBI Calls On Fintech Firms To Undertake Regulatory Review

The letter sets out the CBI's expectations for the Firms and outlines specific actions for each Firm to take by 31 March 2022.

Watchdog bans seven ads in crypto 'red alert'

The ASA says it hopes to produce new guidance on cryptocurrency advertising.

European Commision presents new digital strategy to modernise financial supervisory reporting

Today's strategy aims at tackling the challenges arising from the increased volume and complexity of the data required to oversee the financial system.

UAE Federal Data Protection Law 2021

Businesses will then have a grace period of six months from the date of the Regulations to bring their organisations into compliance with the DP Law meaning enforcement is likely to commence from September 2022.

Jersey Funds Law Series - Data Protection (Jersey) Law 2018

In some cases data subjects will need to be notified.

Enhancements to the Code of Banking Practice

The revised Code is effective from 10 December 2021.

Legal,Regulation,Tax & Compliance