Managers of Wealth Fintech

Citi fined $1 million for swap data reporting violations

The order also charges Citi for violating the cease and desist provision of a 2017 CFTC order relating to reporting and supervisory failures.

Currency Of The Future: A BVI Perspective On Litigating Cryptocurrency

The joint liquidators were appointed and upon appointment, secured the Company's cryptoassets.

FINRA Targets Firms' Social Media Activity

FINRA will look at how firms acquire customers through social media, particularly through outside influencers with large online followings.

ESMA Consults on Proposals for a Review of the MiFID II Best Execution Reporting Regime

These proposals aim at ensuring effective and consistent regulation and supervision and enhancing investor protection.

UAE Authorities Sign Deal To Support Cryptocurrency Trading

The agreement establishes a framework that allows the DWTCA to issue the necessary approvals and licenses for the conduct of financial activities relating to cryptocurrencies.

Dramatic rise in fraud and scam complaints

Financial Ombudsman Service warns of fraud danger as it continues to help high numbers of customers.

Cryptocurrency exchange linked to ransomware attacks is sanctioned by US

US Treasury says 40 per cent of SUEX transactions linked to 'illicit actors'

Switzerland Tightens Rules for Crypto Providers

The Financial Action Task Force, or FATF, recently updated two-year-old guidance on digital assets.

Stripe launches Revenue Recognition to simplify accounting

Stripe Revenue Recognition was built especially for fast-growing businesses with subscription-based or recurring revenue models.

US to target cryptocurrency firms involved in ML

The US government is reportedly set to prepare an array of actions, including sanctions to deter cryptocurrency firms getting involved in ransomware and laundering.

Software = Goods says European court

The question matters because commercial agents who sell goods on behalf of a principal (and who also satisfy other criteria) are protected by the Regulations, whilst agents who promote a principal's services, are not.

SEC advises listed companies to exercise care and caution before investing in digital assets

In case of making such investment, listed companies are advised to do so through licensed digital asset business operators to ensure legal protection.

Cryptocurrencies in Liquidation: Perspectives from Cayman and the BVI

As of the first week of May 2021 the combined value of all crypto coins stood at an incredible US$2.43 trillion.

UK data protection law reform advocates ‘privacy management’

The government is also proposing to tackle “over-reporting” of personal data breaches by increasing the threshold for notifying the ICO of such incidents.

Cookie law faces revamp under UK data reforms

Cookies are small text files that record internet users' online activity.

Australia's Iress rejects third buyout offer from EQT

Iress, a software provider to banks, insurers, traders and brokers, has seen its share price soar nearly 30% so far this year.

‘Mortal Combat’ Faces Standard Bank in Pursuit of Rich Africans

African consumer spending likely to exceed $5 trillion by 2030

Digital-asset leaders call for regulatory harmony between fintechs and banks

Funds Europe’s ‘Digital transformation of the funds industry’ webinar featured representatives from both the old and new investment worlds.

SaaS RegTech PassFort closes on $16.2 million Series A

London-based SaaS RegTech provider PassFort has closed a $16.2 million Series A funding round.

CIPL Celebrates Two Decades of Data Policy Innovation

During the past two decades, CIPL has evolved into a global organisation at the forefront of cutting-edge policy issues.

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