Managers of Wealth Fintech

Singapore Introduces World’s First Unified Payment QR Code – SGQR

Members of the task force include both Singapore and international payments providers, who will implement SGQR for their Singapore merchants.

Hong Kong Monetary Authority announces launch of Faster Payment System

It enables the public to transfer funds anytime, anywhere, across different banks

Appleby acted as Cayman counsel to Carlyle on a landmark transaction awarded "Private Equity Deal of the Year" at the China Law and Practice Awards.

The transaction was led by Partner Nicholas Davies and Counsel Vincent Chan, both based in Appleby’s Hong Kong office.

World's First Cross-Border, Open-Architecture Platform to Improve Financial Inclusion

A global consortium led by Virtusa, which includes Fidor and Percipient, has been selected to develop and operate APIX.

Crypto Regulations Need a ‘Do No Harm’ Approach: CFTC Chairman

US CFTC Chairman J. Christopher Giancarlo suggested a “do no harm” approach to cryptocurrency regulations, comparing it with the rise of the Internet.

U.S SEC. Penalizes Crypto Hedge Fund for Violating Securities Law

Founder Timothy Enneking and his company illegally sold stakes in the hedge fund to U.S. investors.

Access Bank Executive Director Calls for Better Regulation of FinTech

FinTech generally aim to attract customers with products and services that are more user-friendly, efficient, transparent and automated than those currently available.

SEC takes first enforcement action against cryptocurrency hedge fund

CAM and Enneking agreed to the SEC’s cease-and-desist order and censure without admitting or denying the findings against them, and agreed to pay a penalty of USD200,000.

Blockchain, Cryptocurrencies and ICOs: An Offshore Lawyer’s Perspective

A cryptocurrency is a unique form of coin that is intended to be used as digital currency.

Malta blockchain Acts to come into force on 1 November

The Acts have already been unanimously approved by Parliament

Thai Bank taps Nice Actimize for anti-money laundering solution

NICE Actimize’s automated AML and case management solutions will reduce investigation time and overall cost of compliance for the bank

U.A.E. Market Regulator Launches Fintech Controls Targeting Cryptocurrencies

Cryptocurrencies, in particular, have come under scrutiny, due in part to the emergence of ICOs and the volatility of Bitcoin.

FCA warns firms against technology failures

Mr Bailey said: "The impact of this type of risk is greater in an environment where consumers rely more on machines."

Broadridge unveils MiFID II post-trade reporting platform

Article 50 ex-post solution further expands its regulatory communication support for investment managers distributing in Europe

China’s 9F Group aims for Hong Kong virtual bank license

Mainland Chinese fintech expert 9F Group has partnered with local and international firms to apply for a virtual banking licence in Hong Kong.

A Russian Who Allegedly Hacked Into JPMorgan Chase's Servers Is Now in U.S. Custody

What the earlier court filings didn’t disclose was the identity of the central hacker—revealed finally in an unsealed indictment on Friday as Tyurin.

ESAs report on automation in financial advice

The Report shows that while the phenomenon of automation in financial advice seems to be slowly growing, the overall number of firms and customers involved is still quite limited.

Carey Olsen advises on latest Jersey ICO launch

The GNY Token is a cryptographic utility token that enables its holder to gain digital access rights to a decentralised machine learning predictive platform for the blockchain.

Singapore and Dubai regulators sign fintech pact

This includes signing similar partnerships with regulators around the world.

Flaw in Fiserv banking platform exposed personal data

Together with KrebsOnSeceurity author Brian Krebs, Hermansen worked to verify whether or not the flaw was exclusive to his own bank's installation of the platform.

Legal,Regulation,Tax & Compliance