04/29/2022
UK’s digital watchdogs take a closer look at algorithms as plans set out for year ahead
Every day, we access services that process data using a wide variety of automated systems.
Legal,Regulation,Tax & Compliance
04/29/2022
Abu Dhabi and Dubai launch cryptoasset regulatory initiatives
VARA will have the ability to restrict or suspend licences and activities, as well as issue fines for organisations or individuals violating its rules.
04/28/2022
Regulators call for action in open finance
Financial Conducts Authority payments policy manager Helen Oger-Zaher and Open Banking Implementation Entity head of policy Alan Ainsworth joined the stage to represent the regulators, while Plaid’s UK policy lead Kat Cloud and Stripe’s head o
04/28/2022
Abu Dhabi and Dubai launch cryptoasset regulatory initiatives
The company will provide access to cryptoassets through regulated funding, trading and custodial services in dirhams.
04/26/2022
Regulatory Treatment of Fund and Cash Tokens
Regulating cash equivalent payment tokens is a bit of a different story.
04/25/2022
UnaBiz appointed new owner of Sigfox
The new management has pledged to put business continuity on top of its agenda.
04/25/2022
CASS Compliance: The importance of good governance
The FCA frequently discuss these two dimensions in public enforcements cases they issue.
04/25/2022
European police take down $22m crypto investment fraud across 71 countries
The criminal justice agency further said that authorities in Finland, France, Germany, Latvia, the Netherlands and Ukraine conducted the operation and seized 50 servers.
04/25/2022
Carey Olsen advises Altis Partners and Blockchain.com on launch of crypto multi-strategy fund platform BCAM
The Carey Olsen team was led by corporate partner Chris Griffin, assisted by senior associate Sophie Hancock and associate Daniel Burridge.
04/25/2022
Maples Group Supports Faros VCC
A particular driving factor for the partnership with Maples Group is its long-established reputation in the alternatives industry, which the Faros team anticipates will ease the adoption of the VCC structure by investors wishing to access our investment s
04/22/2022
Risks in terminating IT contracts highlighted by exclusion clause ruling
Other financial losses could result from the loss of the bargain, according to the court, which cited potential costs associated with a re-procurement exercise as an example.
04/22/2022
New Laws Targeting Assets of Russian Oligarchs: The U.S. Announces Task Force KleptoCapture and the Kleptocracy Asset Recovery Rewards Program
Task Force KleptoCapture will operate out of the Office of the Deputy Attorney General, but will also include agents and analysts from numerous law enforcement agencies.
04/22/2022
Establishing A Regulated Fintech Firm In Ireland
This includes project management, application submission and support, and regulatory advice.
04/20/2022
Bill, Tony And Tom To Elevate Digital ‘Front Runner’ Bahamas
The Bahamas has an incredible position right now as a front-runner and leader in the digital asset space
04/20/2022
Equifax and Fiserv forge data analytics technology pact
The companies are collaborating on new offerings that deliver a more holistic picture of businesses and their data and enable financial institutions and businesses of all sizes to embrace the power of real-time data insights.
04/19/2022
Finma sends supervisor to crypto foundation
As a precautionary measure, the authority uses a lawyer from the Vischer law firm as an investigator at the plant.
04/19/2022
Estate administration of cryptocurrencies
This must be counterbalanced with the possibility that an unsophisticated fiduciary maintains a cryptocurrency position
04/19/2022
Government should turn to fintech for badly needed digital identity system
Delivery of One Login is behind schedule; a minimum viable product version of the One Login system was due to be released for testing by the end of March which hasn’t happened. Apparently, this delay is to make sure the system is up to scratch.
04/18/2022
CBDCs in emerging market economies
Discussions at the meeting also drew on insights from a survey on the roles of and considerations for CBDCs in EMEs.
04/14/2022
HAYVN receives approval from the Swiss Financial Market Supervisory Authority, FINMA
HAYVN will now be offering clients Asset Management, Trading and Custody services from its Swiss entity