Managers of Wealth Fintech

Lockdown tech trends here to stay

“The ‘digital agenda’ was already high on the list of priorities for many companies but lockdown has greatly accelerated its progress.

The EU announces its first ever plan to regulate cryptocurrencies

The legislative process will take time, at least a year.

Ireland Update – Data Protection Commission issues Guidance on Cookies

The purpose of this examination was to determine how, and whether, organisations are complying with the law in this area.

SIX unveils tax tool for wealth managers

SIX today launches “SIX Tax Score®”, designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.

RegTech: An Opportunity to Boost Australia and UK Trade Relations?

Recent research shows that the RegTech (regulatory technology) sector is a huge opportunity to strengthen trade ties between the UK and Australia. Commissioned by the New South Wales Government and the Australian Trade and Investment Commission, new resea

Adapting English law for the digital revolution

The work on digital assets will ensure that the law is capable of accommodating electronic documents, cryptoassets and other digital assets in a way which allows the possibilities of technology to flourish.

BME partners with CSS to strengthen its regulatory service suite

Financial services clients will benefit from an integrated solution that seamlessly captures, consolidates and reports all data required for compliant transaction reporting.

Reserve Bank of the Philippines to Continue Working on its Central Bank Digital Currency which Might Streamline Financial Services

EU member states have also held discussions about issuing digital currencies.

EU seeks new powers to penalise tech giants

Thierry Breton says concerns exist Silicon Valley companies have become ‘too big to care’

Macquarie, CBA face fresh money laundering scrutiny after data leak

Macquarie accounted for 72 per cent of the suspicious transactions by value, or $US123 million.

European Central Bank Extends Partnership with SkySparc

The ECB renewal also allows other Eurosystem central banks to contract SkySparc’s services under the same framework agreement, rather than conducting individual tenders.

Leaked EU draft proposes all-encompassing laws for crypto assets

The unknown is whether that may stifle this nascent and fast-moving space.

Scams and FSCS issues are symptomatic of supervisory failings says PIMFA at Select Committee inquiry

Mr Fassam said: “Every customer who finds themselves in need of the FSCS has had a poor outcome and an incredibly stressful experience; it is best for all if this can be avoided”.

Sesame launches tech solution to FCA mortgage rule

The bespoke tech solution is available exclusively to the network’s advisers.

Japanese crypto exchange accuses Binance of helping launder $9M from 2018 hack

Fisco alleged that since Binance was notified and had “actual knowledge” that the stolen funds were sent to its platform

Handelsbanken cuts jobs as almost half its branches to close

This will be achieved through the granting of an even greater degree of decision-making authority and increased accessibility to specialist expertise, although in fewer locations.

NCR integrates Kasisto’s conversational AI into its digital banking technology

Together, Kasisto and NCR’s technology intends to deliver a digital experience to all segments of the financial services industry that will assist customers, no matter where they are, what they need, or when they need it.

SEC Begins Regulation of Crypto-Currency Assets to Protect Investors

Thus, the burden of proving that the crypto assets proposed to be offered are not securities and therefore not under the jurisdiction of the SEC, is placed on the issuer or sponsor of the said assets," it said.

New Bermuda Bank Taps Anchorage for Crypto Custody

Digital asset custody platform Anchorage is adding proposed Bermuda bank Jewel as a client. That may help crypto companies globally access traditional banking.

UK banks sign Fintech Pledge

Some of the UK's biggest banks have signed a government-backed pledge to improve collaboration with fintech firms.

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