07/03/2019
Inside the digital mortgage revolution: HSBC and Roostify on partnering to shape the future
Execs on how partnership came together and what it means for the future
Legal,Regulation,Tax & Compliance
07/03/2019
SIX Group asks Swiss central bank to issue stablecoin
"SDX would accept CHF payments from member banks in central bank money and issue equivalent tokenised CHF in SDX.
07/03/2019
UK Financial Watchdog Grants License to London-Based Crypto Asset Firm
As required by AIFMD, Prime Factor Capital has ostensibly appointed a depository that provide additional layer of protection to investors.
07/03/2019
PIC board sent Dr Dan Matjila in pursuit of IT security breach
Menye said when they met with the chief executive in his office, he advised them that the security assessment was an instruction from the board.
07/03/2019
Sony to launch $185m VC fund with Japanese investment bank Daiwa Securities
Sony will support IGV’s efforts to maximize the performance of this fund
07/02/2019
Financial institutes urged to embrace technology
To this end experts are calling for more appropriate IT integration in the financial services sector to among other things ensure protection of customers’ data.
07/01/2019
Euro Cyber Resilience Board for pan-European Financial Infrastructures
Six months have passed since our last meeting in December, during which time, all of us – whether on behalf of a public or private financial infrastructure, a supervisor or an overseer – have been busy enhancing the cyber resilience of our res
06/30/2019
Kenya says to broaden cooperation with China over financial technology
Early this week, financial sectors regulators from China and Kenya held fruitful talks in Nairobi on cooperation in the fintech sector.
06/29/2019
Singapore to issue new digital banking licences to non-banks
Banks worldwide face increasing competition from technology firms
06/28/2019
One-time permanent DWP secretary Robert Devereux set to rock up at 'ethical' tech biz Salesforce
UK state pension age-extender no longer forced to make ends meet on his own £1.8m pension pot
06/28/2019
RegTech Company Coinfirm To Investigate Ripple XRP’s Compliance With FATF AML Rules
Coinfirm’s partnership with Ripple is aimed at providing more transparency with regards to Ripple’s native token XRP
06/28/2019
RegTech Market Size, Market Segmentation and Future Forecasts to 2025 | Bearingpoint, MetricStream, NICE Actimize, Broadridge, Traiana, Finastra
In 2018, the global Regulatory Technology (RegTech) market size was 1370 million US$ and it is expected to reach 6420 million US$ by the end of 2025, with a CAGR of 24.7% during 2019-2025.
06/28/2019
MiFID II impact could be worse than expected, study finds
The impacts of MiFID II could be worse than previously expected according to new research.
06/28/2019
Fidor Solutions taps Konsentus to support PSD2 open banking roll out
Fidor Solutions CEO Dr Michael Maier said: “One of Fidor’s key value propositions is to provide a frictionless banking experience, and Konsentus supports us in delivering on this promise.
06/28/2019
MAS Exec: Risk is Guiding Our Crypto Regulations
Damien Pang said that, instead of making heavy-handed rules, regulators need to mitigate specific risks posed by digital assets
06/27/2019
Singapore is ‘actively studying’ virtual banking licences, says country’s prime minister
PM says MAS is ‘actively studying’ whether to allow virtual banking licences in the country and there could be an announcement soon
06/27/2019
Update in Respect of Data Protection in The Cayman Islands
Data controllers remain ultimately responsible when processing personal data. However, data processors which breach their contractual obligations may be liable for damages to the data controller.
06/26/2019
Northern Trust partners with Confluence to deliver financial and regulatory reporting solutions
This is the start of a strong partnership and we look forward to working with Northern Trust to deliver first-class products and services.”
06/25/2019
FATF 'will not allow cryptocurrency to replace secret numbered accounts'
Finance ministers and Central Bank Governors at the G20 meeting in Japan welcomed the FATF's guidance, which they had themselves demanded last year.
06/25/2019
DFSA’s role in supporting global FinTech innovation highlighted in the first GFiN Report
Titled “GFiN – One Year On”, the report details the GFiN’s many activities over the past year, the challenges it has faced, achievements, and its ambitions for the future.