02/05/2018
Robo-advice provider inks deal with Class
Six Park is part of a new breed of advisers which is making this happen, and we're really excited to embark on this journey with them.
Legal,Regulation,Tax & Compliance
02/05/2018
New law grants cybersecurity czar new powers
CII refers to any system that relates to 11 essential services, including banking, telecommunications, transport, healthcare and energy.
02/05/2018
Jersey regulator warns (again) on initial coin offerings
Most jurisdictions do not regulate ICOs.
02/02/2018
Keeping the promise of the digital economy
Restrictions on high-tech trade can hinder the empowerment of the poor
02/01/2018
Bitcoin slump highlights ‘zombie’ investor risk
Citi Private Bank analysts, reports Fortune magazine, found the volatile cryptocurrency surged up and down in value independently of other asset markets.
02/01/2018
FinTech Australia Tells Aussie Government it is Time to Act on Legislation to Empower Private Company Equity Crowdfunding
Australia enacted new crowdfunding regulation (Crowd-sourced funding) in 2017 but left a gaping shortcoming in the new rules.
02/01/2018
United States: House Subcommittee Examines FinTech Regulation
Brian Peters, Executive Director at Financial Innovation Now, advocated for modernization of the regulatory structure to keep pace with innovation.
01/31/2018
Facebook bans ads for Bitcoin trading sites
Bitcoin Interest is the latest fork from Bitcoin.
01/30/2018
Asian Wealth Management in Fintech Crosshairs
Wealth management will be a key battleground as China and Southeast Asia witness another wave of financial technology offerings this year.
01/30/2018
HK and Australia Fintech Buddy-up
Danielle Szetho was appointed to lead fintech Australia in June 2016 with a remit to expand the reach of the association and its members.
01/30/2018
SEC Halts $600M Bank ICO Scam
The SEC’s investigation was conducted by David Hirsch and supervised by Jessica Magee and Eric Werner in the Fort Worth Regional Office in coordination with the Enforcement Division’s Cyber Unit.
01/29/2018
Building cyber resilience
Speech by Robin Jones, Head of Technology, Resilience & Cyber at the FCA, delivered to the PIMFA Financial Crime Conference, London.
01/28/2018
Thailand Taking Steps to Regulate ICOs
Current guidelines limit the maximum investment for retail investors to $10,000 per ICO and $95,000 per person.
01/26/2018
UK Banks Drag Feet On FinTech Data Sharing
Of the nine banks, Lloyds, Dankse Bank and Allied Irish Banks rolled out all the tech they needed to in order to enable data sharing with FinTech companies.
01/26/2018
Russia releases the draft law on cryptocurrencies
Russian Ministry of Finance has published the draft Law on digital financial assets, which provides for the definition of the status of digital technologies, including cryptocurrencies.
01/25/2018
The new EU directive on payment services - PSD2
PSD2 will be transposed into the Slovak legal order through the amendment of the Payment Services Act, effective as of 13 January 2018.
01/24/2018
Appleby advises on revolutionary digital identity token sale
Commenting on the transaction, Samuel Banks noted: “Blockchain technology will revolutionise the way we manage our identities and the way we conduct business, online."
01/24/2018
South Korea Fines Crypto Exchanges for Privacy Failures
Among the 10 surveyed companies, eight were found to be violating the Information and Communication Network Act, which mandates user privacy protection methods, according to the announcement.
01/22/2018
Email addresses from top UK legal firms found on the dark web
Major organisations at risk of phishing and similar attacks, report claims.
01/21/2018
SEC and CFTC promise to crack-down on virtual currency fraud
The Divisions of Enforcement for the SEC and CFTC will continue to address violations and bring actions to stop and prevent fraud in the offer and sale of digital instruments.