05/25/2018
Investors warned on robo-advisers as watchdog finds some are 'potentially misleading' customers on fees and advice for their investing service
Investment firms can offer different levels of service
Legal,Regulation,Tax & Compliance
05/24/2018
The International Comparative Legal Guide to Fintech 2018 - Isle of Man Chapter
The Fintech sector in the Isle of Man consists of, among other things, e-gaming, payment services and crypto-currencies.
05/23/2018
FCA puts robo advisors to the test...and finds them wanting
The first review looked at 7 firms offering automated online discretionary investment management.
05/22/2018
Carey Olsen support Techemy Capital on ICO-focussed investment fund
The fund, which has been authorised under the Jersey Private Fund regime, has appointed Techemy Capital Limited as investment adviser and will invest in cryptographic token deal flow.
05/22/2018
FCA: robo failing on suitability and clear charging
It added that some firms did not ask about clients knowledge and experience at all, falling foul of rules about on discovery.
05/22/2018
Seizing the GDPR Advantage: From mandate to high-value opportunity
Look beyond the compliance side of the GDPR
05/21/2018
Technology Firms Will Be Regulated Like Banks in Future
It’s not good for us and, according to Pew Research, is responsible for more and more suicides, particularly amongst the young.
05/21/2018
AxiomSL solution goes live at European operations of mystery US bank
AxiomSL claims that the implementation was fast, efficient and cost-effective due to its use of a single platform that can be used “for all regulatory calculations and reporting requirements.
05/18/2018
Tax on cryptocurrency transactions: SARS should come to the aid of taxpayers
Though SARS' announcement on the tax status of cryptocurrencies has been anticipated, at this late stage it may come as a shock to many to learn that, not only will their cryptocurrency transactions be taxable going forward, but that tax legislation
05/16/2018
Investigation of South Korea’s Largest Crypto Exchange Upbit Continues
However, the prosecutors have confiscated the exchange’s computers and records as part of the investigation.
05/16/2018
Regulators have blown up bitcoin trade in Africa’s most active crypto currency market
It has halted its planned token sale to raise $32 million under an initial coin offering (ICO) aimed at generating funds to expand across Africa.
05/16/2018
Tax agency cracks down on illegal wealth transfers
Last year, the tax agency collected 2.81 trillion won (US$2.6 billion) in additional taxes from such illegal wealth transfer.
05/14/2018
Finance without frontiers
Technology is prevalent in most industries so the topics of fintech and regtech are of utmost importance to those working in financial services.
05/09/2018
Will Lawyers Become Extinct in the Age of Automation?
The most enduring relationships in the legal profession are the ones where the client feels and believes the lawyer has their back.
05/09/2018
Hong Kong group aims to curb money laundering around Asia
China has battled to curb capital outflows for years.
05/08/2018
Bermuda's InsurTech revolution
The InsurTech Sandbox has a continued role in this evolution and will allow insurers to test new initiatives, gain valuable market data, and reduce their time to market at a lower cost.
05/08/2018
Vizor AEOI Software adopted by Ministry of Finance, Government of The Bahamas
Vizor is proud to work with The Bahamas
05/04/2018
FundCount Wins Best Client Accounting at the WealthBriefing European Awards
Dynamic nested entity functionality sets the firm apart
05/03/2018
Why Even U.S. Wealth Managers Should Care About GDPR
The implementation of GDPR may seem scary, but it really isn’t all doom and gloom.
05/02/2018
CKV Spaarbank Chooses Wolters Kluwer
The implementation of OneSumX will be vital for ensuring we are able to manage our increasing range of reporting requirements in the most effective way.