Managers of Wealth Fintech

Channel Islands Financial Ombudsman in breach of Data Protection laws

An early admission was made by the Channel Islands Financial Ombudsman as to the error and immediate action was taken to attempt to redress the situation.

SFC Considers Easing Data Storage Rules – Report

The industry bodies said to be negotiating with the SFC to soften the rules include ASIFMA and the HKSA (Hong Kong Securities Association).

HMRC warns against coronavirus email scam

Other scam calls may offer a tax refund and request you to provide your bank or credit card information.

Thailand: New Tax-reporting Obligation for Banks and E-payment Service Providers

Reporting Obligations of a Person with Special Transactions

PwC selects Salt Edge to join Digital Ecosystem Banking initiative

Salt Edge’s personal finance management (PFM) app where users can manage their finances holistically by connecting bank and e-Wallet accounts, is part of PwC’s Digital Ecosystem Banking.

Infosys draws flak over tax software glitch

Indian government wants chairman Nandan Nilekani to fix the issue as soon as possible

Exiled Bitmain Co-Founder Is Fighting Back With Second Lawsuit

The case adds to the ongoing litigation in the Cayman Islands Zhan has filed against the company he co-founded with Jihan Wu in 2013

Female traders trending upwards in UAE and Mena

Steve Weller, CEO Saxo Bank Mena Region, said: “As a fintech specialist we have always strived towards a democratised trading and investment landscape, and these findings highlight our strategy is working in terms of increased participation by femal

Second reprimand issued by Guernsey's Data Protection Authority

Update prepared by Helen Wyatt (Partner, Guernsey) and Rachel Guthrie (Senior Associate, Guernsey)

Nedbank data breach may leave victims open to fraudulent attacks, say experts

The breach took place at the premises of Computer Facilities, a direct marketing company that issues SMS and e-mail marketing information on behalf of the bank

Legal blow to Indian central bank as crypto ban overturned

Two years after it ordered regulated firms to stop dealing in virtual currencies

Momentum is building for compliance digitalization

Clearly, compliance departments are about to transform.

MiFID II EMT

An overview of the changes for fund products and expectations on the transition plan for the industry.

DFSA launch DFSA Cyber Threat Intelligence Platform

To access the Platform, users may complete the necessary information in the DIFC portal. This information will be shared with the DFSA in order to register.

Bank of England passed tech firm for diligence three times

Central bank faces new scrutiny over audio feed leaks

Latham Advises CDPQ as Temasek Invests in FNZ

New investor will enhance FNZ’s reach into Asian markets.

Momentum grows for global minimum tax rate

Mr Le Maire added that there was “a consensus to build a solution by the end of 2020”.

Sawtooth Solutions Signs Strategic Partnership With United Planners

Originally, Sawtooth began as a Registered Investment Adviser (RIA) and has lived firsthand through the same experiences facing advisory firms.

Bank of Lithuania tests API-based RegTech prototype

The central bank says it will take under discussion further extensions of the prototype to other market participants.

Is RegTech Coming of Age in Australia?

While this ten-fold increase is impressive, it nevertheless implies that 79% of those firms have yet to demonstrate comparable progress.

Legal,Regulation,Tax & Compliance