Managers of Wealth Fintech

Scottish Widows in ‘data breach’ over wrong letters

The error arose when the employee was completing the same task for two different customers at the same time.

Banking tech could lead to discrimination, says ex-regulator

Banks can now more accurately identify ‘unprofitable’ or costly customers

OECD Digital Tax Proposals would Require Canadian Overhaul: C.D. Howe Institute

New OECD proposals on digital taxation would mean a substantial overhaul of Canadian tax rules if they are brought into effect, according to a new report from the C.D. Howe Institute.

Canadian Securities Regulators and MAS Strengthen Cooperation in FinTech

The agreement sets out the framework of collaboration between the CSA members and MAS.

MAS, Deloitte, S&P Launch Fintech Investment Research Platform

This limits their view of all the companies in which they might deploy capital.

Deutsche Bank tech failings hit thousands of payments

Bank retreats on letter to BoE that CHAPS improvements were on track

Fintech closes Swiss business due to FinSA

Scalable Capital was servicing the assets of Swiss clients from Germany, with accounts in euros.

UBS Fined by Hong Kong for a Decade of Overcharging Clients

Bank is accused of overcharging clients in wealth management

Law change will confirm that HMRC decisions can be made by a computer

The provisions affected include the giving of notice to file a tax return as well as the automatic issuing of penalties where returns are filed late.

Int’l Bank Regulator Is Studying Crypto Lending Capital Requirements

Global banking regulator the Basel Committee on Banking Supervision (BCBS) is working to establish how much capital lenders should hold to cover the risks generated by dealing with cryptocurrencies. Business Reporter published the news on Nov. 7 that the

Australian Senate Select Committee on Fintech & Regtech Publishes Issues Paper

The Issues Paper is calling for written submissions addressing multiple questions regarding Fintech/Regtech.

Carey Olsen lawyers lead the way in data protection expertise in the Channel Islands

The introduction of the General Data Protection Regulation in May 2018 has led to an increase in both business

Meeting the pace of technological change by Nick Cook, Director of Innovation, FCA

Speech by Nick Cook, Director of Innovation at the FCA, delivered at the Chief Data Officer Exchange Financial Services conference in London.

Hong Kong sets out new regulatory framework for virtual asset trading platforms

The position paper emphasises that the SFC will only grant licences to platform operators which are capable of meeting robust regulatory standards.

UAE Central Bank to launch FinTech coordination authority in a few months

'FinTech Office' aims for a UAE-approved regulatory framework, says central bank governor

Canadian in Dubai Arrested for Fraud, Including Crypto Fraud via Habibi Coin, the “Bitcoin of the Middle East”

Mirza, who maintained a following of 800 000 on Instagram, also touted a scheme called the “Leverage Program” (LP).

Client service improved through AML technology

The latest practice to take advantage of the tie-up is Wilfrids Law Solicitors who have implemented the technology in their conveyancing department.

Dubai Police Arrest “Middle East Bitcoin” or Habibi Coin Founder for Defrauding Millions from Investors

Dubai-based entrepreneur faces legal troubles due to Habibi Coin, or the 'bitcoin of the Middle East', due to defrauding investors worth millions of dollars for promising financial freedom through his International Success Group (ISG).

Bitfinex Cries Fraud as Crypto Capital Executive Indicted by US

Crypto Capital’s partnership with Bitfinex has garnered significant scrutiny in recent months

Ogier advises on tech investment in Guernsey

An Ogier team led by Group Partner Tim Clipstone advised on the corporate law elements of the transaction.

Legal,Regulation,Tax & Compliance