Managers of Wealth Fintech

Bank of England discussion paper on new forms of digital money

Innovations, such as Digital ID, could be required for a CBDC to operate at scale,

Central bank digital currency: the future starts today

Speech by Benoît Cœuré, Head of the BIS Innovation Hub, at The Eurofi Financial Forum, Ljubljana, Friday 10 September 2021.

SEC sues Rivetz over Cayman-based US$18 million token sale

The token sale between July and September 2017 raised the equivalent of US$18 million from investors

Coinbase Slams ‘Regulation By Litigation’ As SEC Threatens To Sue Over Lending Product

Grewal said the regulator considered Lend, which allows users to earn interest on digital assets, a security, a designation the company does not agree with.

UAE's anti-money laundering body endorses framework for virtual assets

In 2019, the financial crimes watchdog, the Financial Action Task Force, announced that cryptocurrency firms would be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering.

Regulatory governance in private markets

Private markets have long been considered one of the most complex regulatory areas in financial services

DIFC is a top priority for UK data transfer “adequacy” status

The UK has formally announced that it is assessing the DIFC as a “top priority” for an “adequacy” decision for personal data transfers.

PRIIPs KID – Commission publishes its proposed Level 2 RTS

The European Commission has formally adopted its proposed Level 2 measures regarding the content of the PRIIPs KID along with a delay to their application.

The risks of token regulation

Speech by Charles Randell, Chair of the FCA and PSR, to the Cambridge International Symposium on Economic Crime.

SRD II: Transforming Global Proxy Voting And Shareholder Disclosure

Investor communications is a core competency, at the heart of Broadridge.

UK data protection reform planned

The previous UK Data Protection Act implemented the 1995 EU directive and had been in force since 1998.

MAS Orders Binance Halt

Binance must stop offering services in Singapore

Milbank Advises General Atlantic on Joint Venture

General Atlantic will serve as one of four partners in the venture, supporting the group with its international expertise in the field of digital marketplaces.

MAS Joins BIS Trial for CBDC Use in International Settlements

The project will work with multiple partners to develop technical prototypes on different distributed ledger technology platforms.

Dawning of a New Era: China’s Personal Information Protection Law

Data controllers remain responsible for supervising the entities to whom they have entrusted the processing of personal information (i.e. the equivalent of a data processor under the GDPR) (data processor).

SEC Charges Eight Firms for Cybersecurity Shortfalls

According to the commission, the firms' faulty cyber policies and procedures didn't protect private client information after third parties fraudulently took over company email accounts.

SEC to Monitor Illicit Activity on DeFi Platforms

Agency Contracts With Blockchain Firm AnChain.AI; Experts Weigh In

Banks back tougher payments laws as tech giants welcome the scrutiny

Governor Philip Lowe said in early August this would give the central bank more “flexibility” to regulate global technology giants entering the financial sector.

ANZ, Citi, HSBC and Standard Chartered in the running for MAS digital currency prize

The proposals from the finalists sought to address multiple problem statements through a variety of technology approaches including hardware wallets, digital identity and asset tokenisation.

Chinese Regulators Target Finance-Related Online Content

Commercial websites and platforms will be ordered to clean up finance-related posts and close accounts

Legal,Regulation,Tax & Compliance