09/05/2019
Global Impact Award: Hong Kong Monetary Authority
Among more traditional financial players, the central bank has encouraged incumbents to embrace new technology through the work of the Banking Made Easy task force.
Legal,Regulation,Tax & Compliance
09/05/2019
Exiger Wins Central Banking Award for Best Anti-Money Laundering Technology Provider
Honored for Furthering Central Banking Mission and Combating Financial Crime
09/05/2019
Neobanks: UAE Hands Out Digital Licenses
Tech companies compete with banks.
09/03/2019
Money and private currencies: reflections on Libra
Speech by Yves Mersch, Member of the Executive Board of the ECB, at the ESCB Legal Conference, Frankfurt am Main
09/03/2019
Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate
Undeterred by regulatory uncertainty and an onerous banking ban, five crypto exchanges in India revealed their new projects last week.
09/02/2019
Why Investment Hubs Don't Deserve Fall From Grace
While investment hubs are often dismissively referred to as tax havens, it is essential to distinguish between them.
09/02/2019
UK fintech Ipagoo bought out of administration
Anglo-Dutch investment group agrees to buy company after customer accounts frozen
09/01/2019
MAS Invites Applications for New Digital Bank Licences
This follows the announcement in June 2019 by Mr Tharman Shanmugaratnam, Senior Minister and Chairman of MAS
08/29/2019
Update in Respect of Data Protection in the Cayman Islands
The contract may also need to incorporate terms to permit cross-border data transfer
08/29/2019
Regulating fintechs in Kenya
Many banking firms also have their own fintech products, but these are governed under the Central Bank of Kenya.
08/28/2019
A Bitcoin first? Stewarts obtains asset preservation order over cryptocurrency
Using the services of Chainalysis (a blockchain investigations firm), it was quickly established that 80 Bitcoin had been sent to a wallet held at Coinbase UK Ltd, the UK arm of San Francisco-based Coinbase, one of the world’s leading cryptocurrency
08/27/2019
GDPR Software & Tools Market to Witness a Sustainable Growth by 2025
This report provides a detailed and analytical look at the various companies that are working to achieve a high market share in the global GDPR Software & Tools market.
08/27/2019
The SM&CR – what is it and why do we need it?
Based on this recommendation, Parliament passed legislation in December 2013 that prompted the primary regulators of the financial services sector, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), to implement a Senior Mana
08/26/2019
Finma lays out new AML guidelines for blockchain
It also said that its standards are stricter than those laid out in June by the Financial Action Task Force (FATF).
08/25/2019
IRS Tells Cryptoinvestors: Find Your Data, a Calculator, and Good Lawyer
There are three versions of the same letter depending on how much dirt the IRS thinks it has on an investor.
08/23/2019
Data breach for P&R in Guernsey
The Office of Data Protection has taken action against one of the States of Guernsey’s key departments.
08/22/2019
HK signs agreement to develop RegTech network
HK, Singapore and Japan jointly launched the APAC RegTech Network to enhance cross-border collaboration on regtech education.
08/21/2019
Appleby Helps Over 1,500 Clients With Economic Substance Tool
We pride ourselves in providing comprehensive, multi-jurisdictional legal advice at the times most beneficial to our clients
08/20/2019
Tech giants back US probe into France digital tax
Facebook and Amazon are set to back US president Donald Trump’s probe into the French tax on large digital companies
08/19/2019
World’s information commissioners demand answers from Facebook about Libra currency plans
They also raise specific concerns about the interaction of Libra and Facebook’s already enormous store of information.