11/11/2019
Fintech closes Swiss business due to FinSA
Scalable Capital was servicing the assets of Swiss clients from Germany, with accounts in euros.
Legal,Regulation,Tax & Compliance
11/11/2019
UBS Fined by Hong Kong for a Decade of Overcharging Clients
Bank is accused of overcharging clients in wealth management
11/10/2019
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.
11/08/2019
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
11/07/2019
Australian Senate Select Committee on Fintech & Regtech Publishes Issues Paper
The Issues Paper is calling for written submissions addressing multiple questions regarding Fintech/Regtech.
11/07/2019
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
11/07/2019
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.
11/06/2019
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.
11/04/2019
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
11/04/2019
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).
11/01/2019
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.
10/31/2019
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).
10/31/2019
Bitfinex Cries Fraud as Crypto Capital Executive Indicted by US
Crypto Capital’s partnership with Bitfinex has garnered significant scrutiny in recent months
10/31/2019
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.
10/30/2019
Banking companies are utilizing their Washington clout to stomp on the tech business
Bank lobbyists are seeking to leverage all those issues.
10/28/2019
EU Exit: FCA PS on UK-RTS for SCA applicable in the event of no-deal Brexit
Making the UK regulatory technical standards in this way will provide certainty for firms and maintain consumer protections.
10/28/2019
Unlocking your full potential and magnifying exposure to qualified investors, while staying on top of the industry
The latest version of GIPS brings a number of new requirements and recommendations.
10/28/2019
Four Steps to Successful CAT Onboarding and Certification
Tips to help your firm get certified and ready for production in April 2020
10/27/2019
Digital service tax to hit financial services?
All the banking services would be delivered to me electronically, and all the fees and transactions are automated.
10/25/2019
Credit union meets robot - speech by Sam Woods
The PRA also suggests simplifying the regulatory regime for credit unions by eliminating other capital requirements thresholds linked to nonasset metrics.