Managers of Wealth Fintech

Middle East bank chief calls for more regtech spending

While fintech has been well adopted by Mena institutions, the same cannot be said for technology dedicated regulatory compliance.

HSBC signs deal to use BlackRock's 'Aladdin' software worldwide

The partnership between Europe's largest bank and the world's biggest asset manager comes as both industries are battling to use technology to increase profits and improve service.

Irish company circit brings open banking to the audit profession

Regulation by the Central Bank of Ireland will accelerate Circit’s growth in Ireland, the UK and Europe.

Promoter Of $5m Crypto Exchange Backs Regulation

Mr McHardy said he was “not striking while the iron’s hot, but it’s out there and I see an opportunity to do it”.

Digital tax reforms 'likely to hit all international companies'

Tax reforms aimed at technology companies will be likely to affect all large international businesses in the end, tax experts have said.

FinTech-related changes – BVI Financing and Money Services Act

The Financing and Money Services Act, 2009 has been amended to include a licensing regime applicable to the peer-to-peer (P2P) FinTech market

China approves one-stop bank account for Hong Kong residents, taking the first step to liberalise financial services on the mainland

Existing customers of Bank of China (Hong Kong) can open Bank of China accounts without having to travel to the mainland

UBF council explores UAE's evolving banking sector

With UAE Banks operating with high capital, the outlook for the sector remains positive and we are confident that it is well-positioned for future growth over the coming year."

SimplyBiz to buy fintech platform

Following the acquisition, Defaqto will remain operating as an independent business within the Group out of its offices in Haddenham, Buckinghamshire.

Bahrain invites Indian fintech firms to set up base

As the public agency responsible for attracting investment into Bahrain, the EDB has been collaborating with the Indian government on a number of business areas as well as improving the conditions of Indian workers in the Gulf state, the publication detai

Singapore Court Rules in First Case Involving Cryptocurrency

The disputed trades had already been completed at prices around 10 BTC for 1 ETH (market prices at the time were ~0.04 BTC for 1 ETH), resulting in a net position for B2C2 of approximately 3085 bitcoins.

Bahrain issues new cryptoasset rules

The Central Bank of Bahrain (CBB) has published final rules allowing for the regulation and licencing of dealing, advisory, and portfolio management services in accepted crypto-assets and as a cypto-asset exchange.

Event addressing increasingly complex digital environment launched

Also, how financial regulators and banks can collaborate to develop processes and procedures to address regulatory risks in serving market participants operating crypto assets businesses.

Why India’s fledgling FinTech industry needs better regulations

Rapid advancements in cloud computing, AI and blockchain, along with faster and cheaper internet connectivity have fuelled the rise of FinTech start-ups.

Tech investors include #MeToo clauses in start-up deals

Entrepreneurs forced to disclose sexual harassment complaints in due diligence exercises

The Electronic Transactions (Guernsey) Law, 2000

A document in electronic form satisfies a legal requirement to retain such in hard copy form, and vice versa.

Standard Bank to shut 91 branches as customers go digital

Standard Bank’s South African unit “will implement a comprehensive exit package which significantly exceeds the requirements as set out in the Labour Relations Act”, the lender said.

Mt. Gox founder acquitted of embezzlement but guilty of data tampering

It recognized the 33-year-old had altered data on the company's trading system to pad the amount in his accounts, as he sought to prevent his company from becoming cash-strapped.

Clifford Chance launches SMCR Manager

SMCR Manager is the first product to launch from Clifford Chance Applied Solutions, the home for the firm's expanding range of digital products which launched in July 2018.

Canada Eyes Regulation of Crypto-Trading Platforms Amid Ongoing Quadriga Scandal

Currently, some platforms are subject to securities regulation depending on what crypto assets they trade and how they’re operated, but others are unregulated

Legal,Regulation,Tax & Compliance