Managers of Wealth Fintech

Digital service tax to hit financial services?

All the banking services would be delivered to me electronically, and all the fees and transactions are automated.

Credit union meets robot - speech by Sam Woods

The PRA also suggests simplifying the regulatory regime for credit unions by eliminating other capital requirements thresholds linked to nonasset metrics.

Bermuda Responding To Need Of Fintech Industry

One such evolution has recently been seen in amendments made to the Digital Asset Business Act 2018, which became operative in September of last year.

EBA opinion on disclosure to customers buying financial services through digital channels

The EBA’s competence to deliver this opinion is based on Article 34(1) of Regulation (EU) No 1093/2010

Ebury Makes Landmark International Acquisition

In addition to payments Ebury is investing in technologies that improve the global trade process for SMEs including FX and currency hedging, international cash management and trade finance.

Turning technology against financial crime Speech by Megan Butler

These requirements focus on the need for effective systems and controls in firms to detect, disrupt and stop criminal activity.

Bermuda Amends Licensing Regime for Digital Assets Businesses

The DABA Amendment Act is intended to ensure that Bermuda remains a leading jurisdiction in the regulation of digital assets

Tax chiefs in Asia to discuss digital tax

The Asia-Pacific tax authorities agreed to avoid double taxation and to exchange tax information meant to prevent offshore tax evasion, according to the National Tax Service.

The Race to Regulation

This statement, while made to one regulatory body, in relation to one blockchain project, carries much wider, international resonance.

YGroup teams up with Vecta Strategy to launch in Middle East

Since, offices have been opened in Zurich (Switzerland), Copenhagen (Denmark), Porto (Portugal), Gurgaon (India) and London (the UK), and headcount has grown to around 350 partners and consultants.

Saudi Trade Finance Summit to focus on tech disruptions

The Gulf International Bank (GIB), a leading pan-GCC universal bank which specializes in corporate and investment banking, will be participating as platinum sponsor in the event.

Australia: Proposal on challenges of digitalization includes new approach to profit allocation

The proposal also envisions a new nexus (permanent establishment) rule that is dependent not on physical presence in the user/market jurisdiction but on sales – a commonality among the various tax solutions discussed in 2019.

Apiax Raises $6.6 Million Series A Funding and Expands to Singapore

Apiax was the Startup of the Year at the Swiss FinTech Awards in March 2019 and also named by Fintechnews.ch as one of the Hottest Fintech Startups in Switzerland.

Lawyer labels domain investing “Anticipatory Cybersquatting”

Article published by ABA could lead trademark holders astray.

Phishing the Famous

Man Who Targeted Celebrities Sentenced; Simple Precautions Can Keep Your Information Safe

Failings on client funds safeguarding jeopardise fintech growth

The FCA's attestation form was aimed at ensuring "there is clear accountability and senior management focus on those specific issues where we would like to see change within firms".

WhatsApp close to meeting data localisation norms, payments service should be on in two months: NPCI

NPCI is also planning to take UPI overseas to help those travelling abroad make payments through digital means.

Crypto IRS Audits: Hire Professionals or Do it Yourself?

The IRS has said that virtual currency is an ongoing focus area for IRS criminal investigations

SEC Halts Alleged $1.7 Billion Unregistered Digital Token Offering

The complaint alleges that defendants failed to register their offers and sales of Grams, which are securities, in violation of the registration provisions of the Securities Act of 1933.

Which side of the fence?

FCA Guidance on Cryptoassets

Legal,Regulation,Tax & Compliance