03/03/2020
Bank of England passed tech firm for diligence three times
Central bank faces new scrutiny over audio feed leaks
Legal,Regulation,Tax & Compliance
02/27/2020
Latham Advises CDPQ as Temasek Invests in FNZ
New investor will enhance FNZ’s reach into Asian markets.
02/27/2020
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”.
02/26/2020
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.
02/25/2020
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.
02/25/2020
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.
02/25/2020
Singapore-Based Digital Bank Raises Funds for Philippines Launch
Tonik, the first digital-only bank in Southeast Asia, has closed its first institutional round of funding.
02/25/2020
FCA admits data breach via website
The FCA said: "As soon as we became aware of this, we removed the relevant data from our website.
02/24/2020
AML guidance on engaging digital ID providers issued
The guidelines are out for consultation and, whilst generally positive, we suggest more thinking is put into helping regulated firms identify suitable digital identity schemes.
02/24/2020
Spain proposes 3% digital services tax
Spain will adopt any internationally agreed legislation
02/24/2020
Turn Regulation Best Interest into a Value Proposition
Recasting regulatory obligations as cultural commitments
02/24/2020
Shareholder Rights Directive (SRD II) - Meeting Your New Obligations
The countdown is on, creating a growing sense of urgency as firms plan for this mandatory change.
02/21/2020
NICE Actimize to support TONIK’s digital banking platform launch
It provides retail financial products including deposits, loans, current accounts, payments, and cards on a secure digital banking platform.
02/21/2020
Shaping Europe's Digital Future by President von der Leyen
AI will not only improve our daily lives, but Europe is already leading in AI.
02/20/2020
Belfius Bank Completes Milestone Front to Middle Office Transformation with SimCorp Dimension
The successful implementation forms an important milestone for the bank, enabling flexible product expansion and further optimization of margins, a key benefit in today’s margin-sensitive environment.
02/20/2020
Belfius Bank adopts SimCorp Dimension
The implementation of SimCorp Dimension spans across order management, performance and risk calculation, and portfolio management, covering a range of asset classes.
02/19/2020
UK Plans to Support Qatar in Becoming Major Fintech Hub, Says Lord Mayor of the City of London
Russell went on to note that the UK was grateful for the support that it has received from the State of Qatar, and acknowledged its aspirations of becoming a major Fintech hub.
02/19/2020
Almost half of WhatsApp usage is illegal
Recently Ireland’s GAA (Gaelic Athletic Association) joined other organisations in banning the use of WhatsApp by its clubs because WhatsApp is not GDPR-compliant.
02/18/2020
How will Italy's Digital Services Tax impact tech giants' bottom line?
The aim is to tax businesses which traditionally paid low amounts of tax in foreign countries they operated in, those being: search engines, social networks and online marketplaces.
02/18/2020
Gulf Bank, Instimatch tie up for digital cash deposits
Gulf Bank will be able to use the Instimatch network as part of its treasury operations, in order to source additional money market opportunities, with full control over counterparties.