Managers of Wealth Fintech

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.

Transforming data collection communication to firms – 8 December 2021

Communication to firms to provide an update on the progress of the joint transformation programme, which is being led by the Bank of England, FCA and industry to transformation data collection from the UK financial sector.

The UK Online Safety Bill: Harmful (But Legal) Content and What’s Next?

The lengths to which internet service providers can (or even should) be required to go in order to improve online safety remains one of the greatest challenges and uncertainties arising from this legislation and will be one of the key areas of focus as th

Carey Olsen advises fintech startup

The Series B was led by global investment manager Cotaue, who has also invested in TikTok, Deel and fellow Mexican unicorn Bitso.

Hong Kong’s Unfriendly Crypto Rules Boost Rival Efforts To Attract Bitcoin Billionaires

Hong Kong has developed into a hotbed for blockchain and crypto-related businesses.

Legal,Regulation,Tax & Compliance