10/15/2019
Phishing the Famous
Man Who Targeted Celebrities Sentenced; Simple Precautions Can Keep Your Information Safe
Legal,Regulation,Tax & Compliance
10/14/2019
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".
10/14/2019
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.
10/14/2019
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
10/13/2019
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.
10/10/2019
Which side of the fence?
FCA Guidance on Cryptoassets
10/09/2019
Standard Chartered implements BearingPoint tax reporting suite worldwide
The bank was looking for a software that is able to keep pace with the continually changing reporting requirements
10/09/2019
OECD leading multilateral efforts to address tax challenges from digitalisation of the economy
The new OECD proposal brings together common elements of three competing proposals from member countries
10/09/2019
Revolut Chooses BearingPoint’s Banking Solution to Meet Regulatory Reporting Requirements
Abacus360 Banking Regulatory is a standard software for national and international prudential reporting, statistical reporting as well as granular reporting (AnaCredit) and ad-hoc reporting.
10/08/2019
Directors Failing to Receive Majority Support Hits Five-Year High
The number of board nominees failing to get at least 50% support was 478 compared to 416 in the first six months of 2018.
10/06/2019
How we got inside an overseas tech support scam targeting Canadians
RCMP 'applauds' Marketplace's efforts, says 'more action is coming'
10/06/2019
Bank of Ireland accounts 'used to launder €273m in OneCoin scam’
US prosecutors call in current and former officials at lender to testify in cryptocurrency case
10/03/2019
Prosecution to Call Bank of Ireland Members in OneCoin Money Laundering Case
Recently, staff members from Bank of Ireland were asked by the court to give testimony against Mark Scott, one of the most prominent figures who allegedly masterminded the fraudulent scheme.
10/03/2019
Prosecution to Call Bank of Ireland Members in OneCoin Money Laundering Case
The Government’s position is that Mark Scott committed a fraud and money laundering that amounted to more than four hundred million dollars.
10/02/2019
ACA Compliance Group launches ‘next-gen’ regtech platform
Jordan Schwartz, Partner at ACA, says: “To effectively and efficiently meet regulatory demands and identify risk, financial services firms no longer have to rely on manual processes and unconnected data sources.
10/02/2019
Intellectual property Brexit checklist
UK companies will lose their database rights in the EU and should ensure there are robust contractual restrictions around any use of any databases licensed out/made publicly available to mitigate against this.
09/29/2019
German watchdogs to adopt common GDPR fines policy
Data protection law expert Ruth Maria Bousonville of Pinsent Masons, the law firm behind Out-Law, said recent fines issued by the Berlin commissioner for data protection and freedom of information are in line with the approach
09/29/2019
ING’s Chief Economist Predicts Digital Currencies by Central Banks
The economist stated digital currency “opens up a whole range of policy options.”
09/29/2019
Switzerland-based EST Group Is Planning to Invest $250 Million into Indian Fintech Firms
Sajid Jamal, who leads EST Group’s venture fund, stated that the amount of capital invested is sufficient, however, it’s scattered.
09/25/2019
Broadridge and FundsLibrary Collaborate to Provide a Range of Regulatory Technology Solutions for European Wealth and Asset Managers
New rules around MiFID II’s ex-post disclosure have introduced greater transparency for investors