Managers of Wealth Fintech

UAE bank told to pay for Dh4.7 million after SIM swap fraud

Court judgment a wake-up call to banks to tighten security, says lawyer

RiskAvert upgraded with new features

The Securitisation Regulation consolidates the patchwork of legislation governing European securitisations and introduces the long-awaited rules for issuing simple, transparent and standardised transactions.

The view from the regulator on Operational Resilience by Megan Butler

The proposals in the Consultation Papers make it clear that we expect you to understand your vulnerabilities, invest in protecting those and protecting yourselves, consumers and the market.

Joint statement by the Council and the Commission on "stablecoins"

When a "stablecoin" initiative has the potential to reach a global scale, these concerns are likely to be amplified and new potential risks to monetary sovereignty, monetary policy, the safety and efficiency of payment systems, financial stabili

MiFID II: ESMA first review report on the development of prices for market data and on CT

The ESMA review found that, to date, MiFID II has not delivered on its objective to reduce the cost of market data charged by trading venues and Approved Publication Arrangements

South African Bank Introduces Cryptocurrency Guidlines

Bitcoin and any of its altcoin relatives would also be subject to this statute.

Tech Regulation Series: The End of Permissionless Innovation?

Businesses in every sector will need to monitor and approach compliance comprehensively, holistically, and with an eye towards driving standardisation over time in order to remain ready to respond to the digital age.

A national strategy for Cyprus (and the Southern EU) on blockchain and DLT

This will enable the creation of a pro-innovation basis for the rapid adoption and smooth application of new technologies.

'Honeymoon period' as firms escape fines for MiFID II reporting failures

FCA pragmatism 'will not last forever'

UK to introduce digital services tax

The US is threatening to impose tariffs on a number of French products such as cheese, champagne and handbags after France said it would impose a 3% digital services tax on technology companies.

Nordea Wins Danish Court Battle to Ban Staff Trading in Bitcoin

We filed suit because of the principle that everyone obviously has a private life

Bipartisan Bill Seeks to Increase Internet Transparency and Consumer Control Over Content

The proposed legislation prohibits the use of opaque algorithms on covered internet platforms without first providing users with notice.

Europol wipes out 30,000+ piracy sites, three suspects cuffed to walk the legal plank

Aw man, I was still downl...err.. great work everyone!

South Africa Planning New Regulations to Prevent Use of Crypto for Capital Flight

The new rules are expected to go into effect Q1 2020.

New German rules on crypto assets

The new law contains, amongst others, changes to the German Banking Act (Kreditwesengesetz (KWG), which provide that:

US seeks to extradite UK tech billionaire Michael Lynch

Autonomy businessman would face charges including securities fraud, wire fraud and conspiracy

Indian Government is Willing to Support Blockchain with a National Framework

Particularly, some members of parliament including Parvesh Singh Verma asked whether the Indian administration had fortified and carried out study into the prospective use cases and applications of blockchain and DLTs, and if at all they did, what were th

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