08/01/2019
A taxation system put in place for manufacturing industries and the trade in products seems unable to cope with digital transnational corporations whose services are delivered from anywhere.
08/01/2019
According to MAS, the scam website referenced fabricated statements falsely attributed to Goh Chok Tong
08/01/2019
A third fintech firm admitted has elected to remain anonymous, during its three months test period, except to its closed group of test subjects, an option provided by the company to the authority, the CMA said.
07/31/2019
This includes making the important distinction as to which cryptoassets fall inside the regulatory perimeter clearer.
07/31/2019
The island’s Financial Supervisory Commission said the digital banking licenses were granted to LINE Financial Taiwan
07/30/2019
Somnath Menon, Group Chief Operating Officer - Al Ahli Bank of Kuwait, said, "Robotic Process Automation is part of ABK's digitization strategy to transition to the next level of innovation and technology in banking.
07/30/2019
Appleby advised on and prepared documentation for XBTO’s license, which is one of only 3 DABA licenses issued to date in Bermuda under the new FinTech regime.
07/30/2019
The ACCC has highlighted what it sees as the ‘special responsibility’ of firms with market power under competition policy and law
07/30/2019
Quarters will be made available in unlimited quantities and at a fixed price set by PoQ.
07/29/2019
The company, which was set up in Beijing in 2006 by founder and chief executive Sun Lei, who was among China’s first internet finance entrepreneurs, has more than 76.7 million users, with more than 8 million in the Greater Bay Area.
07/29/2019
Last year, the IRS’s audit division identified cryptocurrencies as one of five areas where taxpayers could easily avoid taxes.
07/26/2019
The Asia-Pacific region has seen a surge of fintech start-ups, service providers, suppliers, investors, consumers and other stakeholders in recent years.
07/26/2019
The ISAE Type II report issued to our Netherlands operations confirms the establishment and operation of effectively designed internal controls to achieve specified control objectives.
07/25/2019
Facebook has agreed to pay $100 million to settle the charges.
07/24/2019
Circle was granted a ‘Class F’ license under the Bermudan Digital Assets Business Act of 2018, with the Circle describing itself as “the first major crypto finance company” to receive the permit.
07/23/2019
In preparation for this meeting, assistant attorney general Makan Delrahim met on June 5 with his G7 counterparts in Paris and drafted a common understanding of G7 competition authorities on competition and the digital economy to inform the discussion in
07/23/2019
The MOU between SFA and AFIN will entail greater collaboration between both parties
07/23/2019
The partnership will, in addition, transform the management of financial data and extend services to individuals and businesses across Nigeria.
07/22/2019
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
07/22/2019
This digital micro-pension programme was launched at the Afro-Asia FinTech Festival in Nairobi.