Managers of Wealth Fintech

Central Bank of Bahrain licences Sharia-compliant cryptocurrency exchange CoinMENA

At launch, CoinMENA’s platform will be available to residents of Bahrain, the UAE, Saudi Arabia, Kuwait and Oman

Refinitiv joins forces with The Sentry to prevent war criminals abusing the financial system

Through this partnership, The Sentry will provide Refinitiv World-Check with hard-to-obtain information on illicit activities and individuals who operate in Africa.

Ahli Bank, Oman, is SunTec’s 50th customer for its Indirect Taxation Solution

VAT is likely to be introduced in Oman in early 2021 and Ahli Bank has taken the proactive step of adopting a VAT compliance solution to ensure operational efficiency, enhance revenue, and augment customer experience.

Gibraltar extends regulatory guidelines for digital asset exchanges

The Market Integrity working group have combined to ensure that the added regulation meets the global market standards for exchanges and other marketplace platforms, while also considering recently defined standards set by the EU and other international b

Reporting solution from BearingPoint RegTech selected by Clearstream

The Professional Services division of BearingPoint RegTech will support the implementation project.

Broadridge wins regulatory reporting contract from Clearstream

The Professional Services division of BearingPoint RegTech will support the implementation project.

Post-Brexit Personal Data

With effect from 1 January 2021 the UK became a "third country" to EU Member States for data protection purposes.

Carey Olsen advises Checkout.com on US$450 million Series C fundraising

Greenoaks Capital also joined the round, along with existing investors Insight Partners, DST Global, Coatue Management, Blossom Capital, Endeavor Catalyst, and Singapore's Sovereign Wealth Fund GIC.

Commencement of the Virtual Assets Service Providers (VASP) Regime

Entities which are engaged in or wishing to engage in virtual asset services and are currently holding a license granted by CIMA under another regulatory authority must notify CIMA under the VASP Law.

ATP joins clients successfully live on SimCorp’s cloud-based SFTR solution, as the regulation enters its third phase

The implementation carried out by SimCorp, fully remotely, as a result of COVID-19 restrictions, ensured ATP could carry out test operations, maintaining operational efficiency and business continuity ahead of the third wave, in already tumultuous market

Brexit will spur divergence in the regulation of digital services

Digital trade under the agreement is guided by the overarching principle of 'national treatment' which stems from the General Agreement on Tariffs and Trade (GATT).

Tapper's Pension Playpen relaunches as fintech

The Pension Playpen was founded in 2015 to promote auto enrolment solutions for employers and providers.

Singapore's Sea acquires Indonesian bank to gain foothold in financial tech

Bank BKE began operations in 1992 with the primary goal of supporting the welfare of civil servants, according to its website.

Fintech companies to benefit most from SAMA open banking policy

The policy will also improve trust among all stakeholders in a financial relationship, whether banks or fintech companies

FCA sounds alarm bell over high risk cryptoassets

Consumers should be wary if they’re contacted out of the blue, pressured to invest quickly or promised returns that sound too good to be true.

Revolut files paperwork for UK banking licence

The UK banking licence will allow Revolut to provide full service current accounts with essential products such as overdrafts, loans and deposit accounts.

MAS urges Singapore consumers to replace physical notes with remote e-gifting over Lunar New year

For those who prefer giving new physical notes, five banks will implement an online reservation system for such notes.

International Data Transfers - Brexit and Schrems II: Impact for Funds

The most significant of these are the conclusion of the EU-UK Trade and Cooperation Agreement on 31 December 2020 and the European Court of Justice's "Schrems II" decision.

Effecting Legal Arrangements And Executing Documents Remotely: Have We Got The Hang Of This Yet?

One of the maxims that I preach in my role in knowledge management at a global law firm is that change is hard.

Parslows advise Jersey Post on the Fetch.je acquisition

This acquisition is very different from those that we have completed in recent times.

Legal,Regulation,Tax & Compliance