Managers of Wealth Fintech

Police freeze $26m of Aussie tech unicorn's funds after alleged fraud

The funds flowed through Airwallex after Uruguayan company Ciklus was allegedly defrauded.

Credit Suisse hit with $6.5 million U.S. fine for supervisory lapses

In settling this matter, Credit Suisse neither admitted nor denied the charges, but consented to the entry of FINRA’s and the Exchanges’ findings.

HSBC and JPMorgan Traders Accessed BOE Audio Feed, FT Says

Banks try to establish whether staff used feed probed by FCA

The Draft Federal Law “On Digital Financial Assets”

The Draft continues digital reforms aimed at setting up a procedure for the regulation of digital rights and assets – i.e., to set up a procedure for regulating the way of proving and certifying property rights in information systems operating on th

‘Bloodbath’ looms for tech firms as competition watchdog sets its sights on Google and Facebook

The CMA is increasingly drawing a line in the sand in front of US technology giants after decades of unchecked expansion.

Germany Will Introduce More red Tape for Crypto Custody Providers

Any digital representation of a value not issued by the central bank has no legal status in Germany.

Keeping Pace in the GDPR Race: A Global View of GDPR Progress - McDermott Will & Emery

More than half of the US company respondents apply GDPR data subject rights to both US and European employees.

Crypto complaints on the rise, says Fais Ombud

But definition and categorisation of virtual currency is creating difficulties.

Understanding the strategic and regulatory risks of artificial intelligence in financial services

World Economic Forum and Deloitte explore the risks inherent in deploying artificial intelligence in the financial sector, as well as strategies for mitigating them.

$722 million cryptocurrency Ponzi scheme

Withers is aware that some of our clients may have invested in BitClub Network, and may be affected by the alleged Ponzi scheme.

Bank of England consults on its proposals for stress testing the financial stability implications of climate change

The Bank of England has published a discussion paper which sets out its proposed framework for the 2021 Biennial Exploratory Scenario (‘BES’) exercise.

$7 Million Insider Trading Probe Charges IT Staffer At $22 Billion Cybersecurity Company

Palo Alto Networks provides tools to prevent insiders from stealing data. Now one of its own is accused of using confidential information for illegal stock trades

The CSDR Journey

Track the Central Securities Depository Regulation timeline so far to assist your preparation for what’s next.

FCA announces registration fees for cryptoassets AML/CTF regime

From 10 January 2020, businesses carrying on certain cryptoasset activities will be in scope of these regulations.

Goodbye LIBOR, Hello SOFR By Katherine Pearce and Nick Nolan

With LIBOR ending, the LSTA has laid out several key considerations that accounting systems will need to address moving forward.

Podcast: Central Banking launches Tech Talk series

In the inaugural episode, Rachael King and Adam Csabay cast a critical eye over some of the biggest fintech developments of 2019

BigTechs Could Raise Issues for Policymakers: FSB

While the activities of BigTech firms in the financial services sector have numerous benefits – including to promote financial inclusion and innovation in financial services – they can also pose risks to financial stability, the the says.

FSB reports on BigTech in finance and third party dependencies in cloud services

The entry of BigTech firms into finance has numerous benefits, including the potential for greater innovation, diversification and efficiency in the provision of financial services.

5 Asian Firms Named Top 100 Global Regtech Companies for 2020

Centenal’s award-winning CRS Expert is the first-of-its-kind regulation engine that transformed the Common Reporting Standard

BNY Mellon connects custody systems to SimCorp Dimesnion

The partnership aims to accelerate the optimization of typically manual investment workflows

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