03/18/2018
Thailand To Introduce New Cryptocurrency Laws
The second regulation that Thailand is introducing is the revision of the country’s Revenue Code which concerns taxation related to cryptocurrencies and ICO’s.
Legal,Regulation,Tax & Compliance
03/16/2018
Japanese Officials To Ask For Crypto Rules At The G20 Summit
The new push is aimed at implementing common international guidelines for the fast-growing market.
03/15/2018
Outgoing FCA chair warns against crypto harm if not regulated
‘In 2013, I believed, along with many others, that London had, since the end of the Second World War, successfully made the transition from a financial centre of necessity to a financial centre of choice.'
03/15/2018
Christine Lagard says Blockchain Can Be Used to Help Regulate Bitcoin
Despite her inclusive tone and positive recognition of the virtues of cryptocurrencies, she reminds readers that what makes cryptocurrencies so attractive is also what makes them so dangerous.
03/14/2018
Why regulatory reporting continues to be an Achilles’ heel for FIs?
Today, FIs need to submit hundreds of regulatory reports - both at the solo entity and at consolidated levels
03/14/2018
Tandem bank snaps up money management app
The challenger bank has acquired leading finance management app Pariti for an undisclosed fee.
03/14/2018
Former billionaire tech entrepreneur charged with 'massive fraud' by US financial authorities
Holmes Stripped of Control of Company for Defrauding Investors
03/09/2018
Japanese Watchdog Bares Its Teeth
The financial regulator increased monitoring of virtual currency exchanges following the massive hack on Coincheck which resulted in the theft of $532 million worth of digital tokens.
03/08/2018
Can Regulations Temper the ICO Craze?
Regardless of the gravity of restrictions, these regulatory efforts, especially those made by major economies, appear to impact both the local and international crypto markets.
03/08/2018
EU aims to boost fintech with crowdfunding "passports"
The draft law is among the measures published by the commission on Thursday to encourage growth and job creation in fintech to wean the region's economy off its heavy reliance on bank funding.
03/06/2018
SME Development Bank Malaysia Berhad Chooses Wolters Kluwer
OneSumX IFRS 9 is a comprehensive and modular solution which provides the financial industry with a solid framework to capture and store all relevant contractual information
03/05/2018
Mexican Cryptocurrency Regulations Approved by Congress
The bill “seeks to promote financial stability and prevent money laundering,” the news outlet described.
03/05/2018
Could blockchain be the new dawn for anti-money laundering?
A blockchain is operated by parties referred to as ‘miners’ and other times ‘nodes’ or ‘validators’.
03/05/2018
Hong Kong gives fintech measures the thumbs up
This is a means by which employers can offset long service and severance payments to employees by deducting the amounts from contributions made to the latter’s pension accounts. Details on how the money will be used have not been finalised.
03/02/2018
Mexico financial technology law passes final hurdle in Congress
Regulators will soon begin crafting so-called secondary laws, which will determine key details for companies in the sector.
03/01/2018
Cryptocurrency Firms Targeted in SEC Probe
Regulator issues subpoenas to parties engaged in booming market for initial coin offerings
02/26/2018
The importance of upholding a uniform Fiduciary Standard of Care
A procedural prudence standard and a suitability standard are similar in that they both require the fiduciary to demonstrate they are acting in best interests of another.
02/26/2018
Leveraging outsourcing to meet rising AUM - SS&C
SS&C has been providing global, middle- and back-office and performance measurement outsourcing services for more than 20 years.
02/26/2018
Bitcoin bitterness starts to make messy divorces even worse
Although parties have a duty to provide full disclosure of their assets in a divorce, the anonymous nature of cryptocurrencies potentially make them a safe haven for spouses wishing to hide their money from a warring partner.
02/22/2018
Digital currencies inquiry launched
It will examine the potential impact of distributed ledger technology – such as blockchain – on financial institutions, including the central bank, and financial infrastructure.