Managers of Wealth Fintech

Hong Kong Strengthens User Protection For E-Wallets

In order to provide more comprehensive protection to users, the above refined process will apply to direct debit services conducted through both FPS and non-FPS channels.

Stablecoins Not to be Considered Cryptocurrencies: Japan’s FSA

The entire world is demanding more stablecoins and is considering them as a bridge between fiat and virtual currencies.

Deloitte advises Pillar Technology in its sale to Accenture

Deloitte assisted in all aspects of the transaction including the due diligence process and negotiation of the transaction.

Fintech development and regulation highly variable across Europe

“Whilst in the majority of surveyed markets, Fintechs have to operate under the same regulatory framework, some countries (e.g. Austria, Italy, Poland) exhibit deficiencies in this regard."

Taming the wild west: the future of crypto-asset regulation

On 12 September 2018, the House of Commons Treasury Committee (the Committee) published its report on crypto-assets (the report). This followed a digital currencies enquiry it launched in February of this year to examine, among other things, the role of

SEC Suspends Trading in Company for Making False Cryptocurrency-Related Claims about SEC Regulation and Registration

Earlier this month, the SEC issued an investor alert that warned investors to be vigilant for false claims about SEC endorsements used to promote digital asset investments.

Former Australian cricket captain in crypto fail

The cryptocurrency venture once supported by a former Australian cricket captain has folded.

Advisers warned about Mifid II compliance

The regulator added the requirements applied from 3 January 2018 and do not require disclosure of costs and charges incurred before that date.

Green FinTech Challenge

Once the application window has closed we will assess all applications and select a small number of firms that meet the criteria.

Spain’s government approves new tax on large internet companies

The plans will also include a 3 per cent tax on online advertising, sales of user data and online platforms, in what the government hopes will raise €1.2 billion in tax revenue next year.

Regulatory and operational barriers to digital payment remain

The World Payments Report 2018, which looks at innovation in the digital payments landscape and highlights what to expect from BigTech entrants, found that digital payments are experiencing a boom driven by developing markets.

Mifid II may force platforms to change strategy

"Will they have to change their strategy? Maybe, in terms of Mifid II we might see financial advisers moving away from those [who don't change]."

Japan FSA Updates Financial Sector Cyber Policy

The FSA’s policy document acknowledges the work by the G7 Finance Ministers and Central Banks on boosting financial system cyber resilience.

Carey Olsen adds to cryptocurrency publication

Blockchain is particularly topical in our legal jurisdictions, each of which are helping lead the way in fostering a legal and regulatory landscape conducive to the continued expansion of the product. This guide is therefore an invaluable reference tool i

Legal,Regulation,Tax & Compliance