07/17/2018
Many fintechs have already taken steps to achieve European authorisation, including star banking challenger Revolut which chose to apply for a licence in Lithuania before attempting an application in the UK.
07/16/2018
The Premier stated that, in response to “market demand,” the Bermuda government set out to develop a legal framework for distributed ledger technology (DLT) firms
07/13/2018
Speech by Mark Steward, Director of Enforcement and Market Oversight at the FCA, delivered at the Duff & Phelps Global Enforcement Review 2018.
07/13/2018
The Taiwan government is also discussing, but has not concluded, developing further regulations for ICOs, and it is the hope of industry proponents that the need for government oversight will be minimized through the industry’s self-regulation.
07/13/2018
Blockchain technology is a decentralized public or private ledger that records transactions between two or more parties.
07/13/2018
The Philippine economy is built on remittances from overseas Filipino workers, who contributed US$33 billion to the country’s US$400 billion GDP in 2017.
07/12/2018
The maximum fine under GDPR is 4% of global revenue, which would be worth nearly $2 billion for Facebook.
07/12/2018
The increased emphasis on regulatory data requires a different approach to change management
07/11/2018
FCC’s strategy is to continually invest to be at the forefront of the ever-changing financial crime landscape.
07/10/2018
Regulator’s remarks echo official government stance of cautious welcome for blockchain, while playing down cryptocurrencies
07/10/2018
Reports out today suggest that the Australian Tax Office are now set to follow up on those who are using offshore bank accounts to hide their cryptocurrencies.
07/06/2018
An Aviva spokeswoman said: "We will study the discussion paper in detail and we look forward to engaging constructively with the regulators on these important issues."
07/06/2018
“Collaboration is exactly the overall idea behind the Digital-[Finance]-as-a-Service offering,” said Stemmle
07/06/2018
I did not say cryptocurrencies because it is lower than blockchain
07/06/2018
CipherTrace found that $761 million has been laundered since the start of the year from crypto-currency exchanges.
07/06/2018
Profile’s team has long-standing experience and a proven track record in efficiently delivering highly demanding, compliance-focused projects in SE Europe on time and on budget.
07/05/2018
The GDPR does not consider metadata or the privacy of communication about or between legal entities
07/05/2018
As activity in cryptocurrency trading is increasing, so is the risk of exploiting these instruments for ambiguous or illegal purposes
07/05/2018
FiTAX’s coverage of more than 110 jurisdictions and the ability to monitor and adapt to the ever-changing client tax requirements is in line with the bank’s needs.
07/04/2018
The Bank went on to reveal that the new tool has been created in line with the latest amendments to the rules for issuing licenses to electronic money and payment institutions as well as branches of foreign electronic money institutions.