02/26/2018
Although parties have a duty to provide full disclosure of their assets in a divorce, the anonymous nature of cryptocurrencies potentially make them a safe haven for spouses wishing to hide their money from a warring partner.
02/22/2018
It will examine the potential impact of distributed ledger technology – such as blockchain – on financial institutions, including the central bank, and financial infrastructure.
02/21/2018
The Financial Conduct Authority has today announced that it is seeking views on how technology can make it easier for firms to meet their regulatory reporting requirements and improve the quality of the information they provide.
02/21/2018
FOI from Professional Adviser
02/20/2018
Whilst cryptocurrencies and the blockchains they use are not an entirely anonymous system, they are unregulated and the identity of the user is hard to trace.
02/20/2018
Under the federal securities laws, the SEC can suspend trading in a stock for 10 days and generally prohibit a broker-dealer from soliciting investors to buy or sell the stock again until certain reporting requirements are met.
02/20/2018
Creating transparency at this time is important given the dynamic market and the high level of demand. Each case must be decided on its individual merits
02/20/2018
The States of Jersey says this will benefit trade and help law enforcement agencies cooperate with their counterparts in other jurisdictions.
02/20/2018
The Financial Conduct Authority and the US Commodity Futures Trading Commission (CFTC) have today signed an arrangement that commits the regulators to collaborating and supporting innovative firms through each other’s financial technology initiative
02/20/2018
Sound Practices Implications of fintech developments for banks and bank supervisors
02/20/2018
Analysts have said banks could become irrelevant as fintech firms become the “face” of financial services, a scenario Basel said seems far-fetched.
02/16/2018
The GDPR will bring with it some important changes to data protection law.
02/14/2018
Authorities in other countries have followed the FCA's lead
02/13/2018
Financial institutions will be expected to set clear resolution processes for unauthorised or erroneous payment transactions.
02/12/2018
What the advent of contract analytics could mean for the future function of corporate legal departments.
02/12/2018
A bill is expected to be considered by Parliament in the second quarter of 2018.
02/11/2018
The UAE follows Malaysia and the United Kingdom in terms of the number of Islamic fintech start-ups per market, according to analysis conducted by Edmond Christou, Bloomberg Intelligence.
02/11/2018
The letter further argued that crypto currencies are mislabeled as ‘currencies’ in the media and on the internet.
02/09/2018
ECB president Mario Draghi has said that European banks may eventually dive into the cryptocurrency market because of the release of futures contracts on Bitcoin.
02/08/2018
This cryptocurrency is highly volatile and can be used for financial crimes and electronic hacking as well as risk loss of value because there are no guarantors or assets.