06/18/2019
Broadridge launches SFTR change management service
SFTR is part of the European Union’s implementation of the global effort to regulate shadow banking
Legal,Regulation,Tax & Compliance
06/17/2019
Improved Online Banking Security Promises to Benefit E-Commerce Experience
As a result of this, experts are anticipating that it will be easier for consumers to carry out safe shopping online without worrying about whether or not their private information will be compromised by malicious third parties.
06/16/2019
Scammers Cloning Legitimate Banks Websites To Defraud Potential Clients
The key here is that the cloned websites have brazenly put the regulatory numbers and the URL of the Swiss Investment Corporation on these cloned websites
06/14/2019
Monetary Authority of Singapore and UK financial authorities announce collaboration on cyber security
The collaboration will involve MAS and the UK financial authorities identifying effective ways to share information and exploring potential for staff exchanges.
06/12/2019
Largest Korean Bank to Explore Crypto Asset Management
Earlier iHodl reported that one of the oldest South Korea's financial institutions, Shinhan Bank, announced the launch of its blockchain-based verification system that can replace the verification process of certification documents required in Korea.
06/12/2019
Exclusive: Grab eyes Singapore banking license as regulator studies virtual banks - sources
Singapore-headquartered Grab's interest in what would be its first foray into banking has not been reported before.
06/11/2019
ABX wins approval for crypto asset exchange and custodian
Hirander Misra, chairman and CEO at GMEX Group and vice chairman at Arabian Bourse, believes that the partnership will bring proven market expertise and technology, with a deep understanding of the exchange landscape in the Middle East.
06/11/2019
FMS.next has been enhanced to support PSD2 and Open Banking requirements
The solution comes with a preloaded set of APIs to cover requirements of directives, implementing all necessary security mechanisms for authentication and consent management.
06/11/2019
Global regulators divide on fintech impact on financial system
New reports highlight inability to reach consensus on best approaches
06/10/2019
National Treasury director-general on digital tax plan
Meantime, China’s central bank governor Yi Gang has kept a low profile during the meetings here, but he was spotted earlier Sunday.
06/07/2019
Australia targets cryptocurrencies in international tax crackdown
ATO deputy commissioner Will Day has reportedly revealed that at least one of the investigations involves a global financial institution and its intermediaries, which is believed to have helped clients conceal assets and income data.
06/07/2019
Implementation of tax transparency initiative delivering concrete and impressive results
Voluntary disclosure of offshore accounts, financial assets and income in the run-up to full implementation of the AEOI initiative resulted in more than EUR 95 billion in additional revenue (tax, interest and penalties) for OECD and G20 countries over the
06/06/2019
Australia targets cryptocurrencies in international tax crackdown
The J5 was formed a year ago because of growing concern that tax avoidance, cybercrime and cryptocurrency abuse were escalating as criminals exploited differences between national tax laws.
06/06/2019
EU: Malta Needs to Improve Readiness to Respond to Cryptocurrency Crime
Malta continues on its path to create a haven for cryptocurrency and blockchain businesses.
06/05/2019
Foundation Companies: The Future Of FinTech?
The legislators responsible for drafting the Law certainly did not have the FinTech sector in mind when they were designing the FC.
06/04/2019
Getting Fit for Future: Prioritising Cybersecurity, Investment and Succession
For family offices, cybersecurity ranked highly among key risks for the year, with a quarter (29%) highlighting the importance of protecting against cyber-attacks.
06/04/2019
Managing machines: the governance of artificial intelligence
Large established firms seem to be most advanced in deployment.
06/03/2019
Regtech Konsentus closes multi-million-pound pre-Series A round
Jim Wadsworth, Mastercard’s SVP of open banking, states that the company sees “significant potential” in the Konsentus service.
06/03/2019
Saudi central bank grants licences to 14 fintech firms
Move comes as non-cash transactions continue to account for less than a fifth in the kingdom
06/03/2019
P2P industry readies for investor marketing restrictions
“The guide will help firms and their customers determine whether and to what extent P2P is appropriate for non-advised customers,” Jeffrey Mushens, technical policy director at Tisa, said.