Managers of Wealth Fintech

SEC expands the circumstances where it deems a digital asset to not be a security

Quarters will be made available in unlimited quantities and at a fixed price set by PoQ.

Chinese fintech firm 9F files for US IPO, seeks to raise $150m

The company, which was set up in Beijing in 2006 by founder and chief executive Sun Lei, who was among China’s first internet finance entrepreneurs, has more than 76.7 million users, with more than 8 million in the Greater Bay Area.

The IRS Is Tracking Down 10,000 Crypto Owners to Pay Back Taxes

Last year, the IRS’s audit division identified cryptocurrencies as one of five areas where taxpayers could easily avoid taxes.

Legal Frontiers in Bermuda - Appleby Global

The Asia-Pacific region has seen a surge of fintech start-ups, service providers, suppliers, investors, consumers and other stakeholders in recent years.

IQ-EQ achieves ISAE 3402 Type II accreditation in the Netherlands

The ISAE Type II report issued to our Netherlands operations confirms the establishment and operation of effectively designed internal controls to achieve specified control objectives.

Facebook to Pay $100 Million for Misleading Investors About the Risks It Faced From Misuse of User Data

Facebook has agreed to pay $100 million to settle the charges.

Circle to Base International Operations From New Bermudan Entity

Circle was granted a ‘Class F’ license under the Bermudan Digital Assets Business Act of 2018, with the Circle describing itself as “the first major crypto finance company” to receive the permit.

Harmonizing international regulations in the digital economy

In preparation for this meeting, assistant attorney general Makan Delrahim met on June 5 with his G7 counterparts in Paris and drafted a common understanding of G7 competition authorities on competition and the digital economy to inform the discussion in

Singapore FinTech Association inks MoU with Afin

The MOU between SFA and AFIN will entail greater collaboration between both parties

EY to campaign for standardised API interface for Open Banking in Nigeria

The partnership will, in addition, transform the management of financial data and extend services to individuals and businesses across Nigeria.

ECCB to launch pilot digital currency project

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Zamara enters micro-pension deal with firm

This digital micro-pension programme was launched at the Afro-Asia FinTech Festival in Nairobi.

Why US regulators are struggling to step up to regulate Facebook's Libra

Facebook, which is spearheading Libra’s development via a new subsidiary called “Calibra,” has also gathered a consortium of companies that will supposedly have equal commitments with Facebook

The new world of virtual banks: profitability will define success

The new age of virtual banks and how it can be more future ready

Crypto Payments to Receive a SWIFT-like Network Lead by Japanese Govt

A SWIFT-like network to enter the crypto payment arena. The project lead by Japenese Government focuses to bring in some anti-money laundering regulation.

EBA publishes Report on regulatory perimeter, regulatory status and authorisation approaches in relation to FinTech activities

As to authorisation approaches, the EBA found that proportionality and flexibility principles are applied in the same way by competent authorities

Western Union Teams With UK’s Post Office To Digitize Global Payments

This collaboration marks an expansion of our strategy to open our platform to new alliances and solve the complexities of cross-border, cross-currency transactions for companies.”

Innovative new law opens Guernsey up to Artifical Intelligence

Essentially, it gives electronic agents the authority to form, create, execute and terminate contracts without the input of humans, and makes it clear that the validity of any such contractual exchange will not be denied due to the use of an electronic ag

Bank boards to pay heavily for cybercrimes in new regulations by CBK

"Payment Service Providers (PSPs) should carry out regular independent assessment and audit functions that shall be undertaken by the internal and external audit and risk functions … The board of directors is ultimately responsible for the cyb

Combating financial crime

3 focus areas for banks to achieve more effective and efficient customer due diligence

Legal,Regulation,Tax & Compliance