03/14/2019
BCBS statement on the growth of crypto-assets
Crypto-assets have exhibited a high degree of volatility and are considered an immature asset class given the lack of standardisation and constant evolution.
Legal,Regulation,Tax & Compliance
03/13/2019
Dubai-based crypto firm to stop using Alibaba name
ABBC Foundation has agreed to stop using trademarks that include the term 'Alibaba' following a long-running dispute with Chinese e-commerce company Alibaba Group
03/13/2019
US warns of WTO action over 'discriminatory' new digital taxes
That overhaul is expected next year at the earliest, assuming a consensus can be reached among the 127 countries taking part in the talks.
03/11/2019
Japanese banks to stop using a piece of 1800s tech
Small businesses use them for many contracts, and they’re still required for things like marriage and home ownership
03/10/2019
The World Bank selects SimCorp Dimension
The World Bank Group has two goals that drive its work in developing countries.
03/08/2019
Thailand’s new cybersecurity law lets authorities violate privacy
Government officials are permitted to seize computers, search networks, and access and copy any data they require.
03/08/2019
MAS Enhances Guidelines on Technology Risk, Business Continuity
MAS proposes to expand the TRM Guidelines to include guidance on effective cyber surveillance
03/07/2019
Jersey OIC reports drop in data breaches and complaints
In the legal sector, the figures for those periods were 10 and two respectively.
03/05/2019
Abu Dhabi's ADGM invites applications for its regulatory sandbox
Financial centre encourages financial technology and regulatory technology companies to apply in the fourth edition of Reglab
03/05/2019
Bahrain Economic Development Board announces the launch of Beehive Bahrain
Launch will unlock new opportunities for start-up's and investors in Bahrain and across the region
03/05/2019
Bahrain signs MoU with Maharashtra government to promote fintech
Central Bank of Bahrain has put in the right ecosystem to support growth and innovation.
03/05/2019
Saxo launches fully digital access to Chinese bonds
The addition of Chinese bonds to Saxo Bank’s global multi-asset offering strengthens Saxo’s position as a gateway to China for international investors
03/05/2019
Central Bank of The Bahamas selects digital currency provider
The regulatory framework will include safeguards to satisfy Exchange Control Regulation
03/05/2019
SEI submits Master Trust authorisation to TPR
Steve Charlton, Managing Director of Defined Contribution, EMEA and Asia for SEI’s UK Institutional Group, says: “The defined contribution landscape and pensions saving environment have changed significantly in recent years."
03/04/2019
Saxo Bank Provides Easy Access To Mainland Chinese Bonds
Saxo Bank offers full digital access to mainland China bonds via a simple «click to trade» functionality, a first in the market.
03/01/2019
Guernsey: Why Is It A Centre Of Fintech Excellence?
The global growth in FinTech has been rapid and the sector is predicted to continue this strong pattern of growth.
02/28/2019
Mauritius Government prioritises regulation of technology sector
The FSC considers Cryptocurrencies as being a sub-category of Digital Assets.
02/28/2019
Crypto Tax Update: HMRC Publishes Guidance on the Taxation of Cryptoassets for Individuals
With this in mind, individuals who hold cryptoassets should consider closely the Guidance on the self-assessment return which they are due to file, despite the late arrival of the Guidance.
02/27/2019
Cyprus pushes to bring crypto assets under EU money laundering rules
Тhe EU directive sets a new legal framework for European financial regulators to monitor crypto-related businesses and service providers in order to protect against money laundering and terrorism financing.
02/26/2019
Discovery’s digital bank to go live next month
South African financial services company Discovery plans to roll out its new digital bank next month.