10/25/2019
EBA opinion on disclosure to customers buying financial services through digital channels
The EBA’s competence to deliver this opinion is based on Article 34(1) of Regulation (EU) No 1093/2010
Legal,Regulation,Tax & Compliance
10/24/2019
Ebury Makes Landmark International Acquisition
In addition to payments Ebury is investing in technologies that improve the global trade process for SMEs including FX and currency hedging, international cash management and trade finance.
10/24/2019
Turning technology against financial crime Speech by Megan Butler
These requirements focus on the need for effective systems and controls in firms to detect, disrupt and stop criminal activity.
10/24/2019
Bermuda Amends Licensing Regime for Digital Assets Businesses
The DABA Amendment Act is intended to ensure that Bermuda remains a leading jurisdiction in the regulation of digital assets
10/23/2019
Tax chiefs in Asia to discuss digital tax
The Asia-Pacific tax authorities agreed to avoid double taxation and to exchange tax information meant to prevent offshore tax evasion, according to the National Tax Service.
10/22/2019
The Race to Regulation
This statement, while made to one regulatory body, in relation to one blockchain project, carries much wider, international resonance.
10/21/2019
YGroup teams up with Vecta Strategy to launch in Middle East
Since, offices have been opened in Zurich (Switzerland), Copenhagen (Denmark), Porto (Portugal), Gurgaon (India) and London (the UK), and headcount has grown to around 350 partners and consultants.
10/21/2019
Saudi Trade Finance Summit to focus on tech disruptions
The Gulf International Bank (GIB), a leading pan-GCC universal bank which specializes in corporate and investment banking, will be participating as platinum sponsor in the event.
10/18/2019
Australia: Proposal on challenges of digitalization includes new approach to profit allocation
The proposal also envisions a new nexus (permanent establishment) rule that is dependent not on physical presence in the user/market jurisdiction but on sales – a commonality among the various tax solutions discussed in 2019.
10/17/2019
Apiax Raises $6.6 Million Series A Funding and Expands to Singapore
Apiax was the Startup of the Year at the Swiss FinTech Awards in March 2019 and also named by Fintechnews.ch as one of the Hottest Fintech Startups in Switzerland.
10/15/2019
Lawyer labels domain investing “Anticipatory Cybersquatting”
Article published by ABA could lead trademark holders astray.
10/15/2019
Phishing the Famous
Man Who Targeted Celebrities Sentenced; Simple Precautions Can Keep Your Information Safe
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.