Managers of Wealth Fintech

Parliament approves Bitcoin BCH payments for Antigua and Barbuda citizenship

It is quintessential that we have a payment mechanism that could facilitate payments in cryptocurrencies

Payment Systems Regulator announces market review into card-acquiring services

The costs merchants incur for such services may ultimately be reflected in the prices they charge and services they offer to their customers.

FCA webpage on Digital Regulatory Reporting

Any financial services firm that wishes to participate in the pilot will need to contribute to the resourcing of them.

Apple investigating growing iTunes credit card fraud in Singapore: Report

UOB explained that it has increased the monitoring of all iTunes spending over recent weeks.

CFTC Issues Customer Advisory on Digital Coins and Tokens

The market for digital coins and tokens is still very young, and there is no widely-accepted standard for placing a value on a particular digital coin or token.

New Crack Down On Offshore Tax Dodgers Ready For Action

The UK has 64 tax exchange agreements under the common reporting standard.

Demand for crypto custody rises with increasing cryptocurrency trading

The firm was working with insurers to provide cybersecurity insurance coverage for clients’ digital assets

Bank of Asia to host official BVI launch

The British Virgin Islands is the appropriate home for Bank of Asia because the BVI is at the forefront of delivering high quality technological and innovative offshore services.

deVere CEO: Crypto is ‘undeniably’ mainstream as watchdog backs Bitcoin

Mr Green comments: “Cryptocurrencies are the future of money and they are already undeniably part of mainstream finance.

A Framework for Initial Coin Offerings in Bermuda

Appleby can assist with additional support services in relation to requirements surrounding the compliance regime.

Hong Kong regulator, banks launch blockchain-based trade finance platform

The sector is often described as one of the most manual and paper-orientated parts of the financial services industry.

French central bank investigates UK fintech Brexit contigency plans

Many fintechs have already taken steps to achieve European authorisation, including star banking challenger Revolut which chose to apply for a licence in Lithuania before attempting an application in the UK.

Bermuda Government to Introduce New Regulations on ICOs, Address ‘Legal Ambiguity’

The Premier stated that, in response to “market demand,” the Bermuda government set out to develop a legal framework for distributed ledger technology (DLT) firms

Mifid II and the fight against financial crime

Speech by Mark Steward, Director of Enforcement and Market Oversight at the FCA, delivered at the Duff & Phelps Global Enforcement Review 2018.

Cryptocurrency laws and regulations in Taiwan

The Taiwan government is also discussing, but has not concluded, developing further regulations for ICOs, and it is the hope of industry proponents that the need for government oversight will be minimized through the industry’s self-regulation.

Cryptocurrency laws and regulations in UAE

Blockchain technology is a decentralized public or private ledger that records transactions between two or more parties.

Cryptocurrency laws and regulations in The Philippines

The Philippine economy is built on remittances from overseas Filipino workers, who contributed US$33 billion to the country’s US$400 billion GDP in 2017.

Facebook’s fine for mishandling the data of 87 million people is worth 15 minutes of its profit

The maximum fine under GDPR is 4% of global revenue, which would be worth nearly $2 billion for Facebook.

The growing need for regulatory reporting change management processes

The increased emphasis on regulatory data requires a different approach to change management

Standard Chartered enlists Regtech startup Silent Eight for financial crime fight

FCC’s strategy is to continually invest to be at the forefront of the ever-changing financial crime landscape.

Legal,Regulation,Tax & Compliance