09/26/2018
Toscafund buys stake in digital asset manager
Toscafund has led a €33m investment round in Liqid Investments
Legal,Regulation,Tax & Compliance
09/26/2018
Newton replaces legacy platform
“Newton’s selection of Eagle Accounting, following an extensive evaluation process, is testament to the quality of our investment accounting capabilities as well as that of our team,” said Mal Cullen, CEO for Eagle.
09/25/2018
Australia's Securities Watchdog Has Halted 5 ICOs Since April
Such work was highlighted earlier this year when ASIC said that it was contacted ICO issuers and putting a stop to ones it deemed deceptive toward investors.
09/24/2018
Singapore regulators banking on blockchain to transform financial services
In a report by the South China Morning Post, Damien Pang, head of technology infrastructure office at the MAS said that the organization aims to regulate the use of blockchain rather than the technology platform itself.
09/24/2018
Australian Regulator Goes After Fraudulent ICOs and Crypto Asset Funds Targeting Small Investors
The commission further revealed that since April 2018, it has taken action to prevent five ICOs without proper registration and regulatory compliance from raising capital.
09/24/2018
More regulation of Jersey residential leases on the way
The new law enables the Environment Minister and his officers greater legal powers to carry out inspections and to issue notices in respect of failing properties that could result in court action against landlords.
09/23/2018
CBD, PwC partner on digital innovation
Leveraging the expertise of PwC, CBD will ensure that an all-inclusive culture of innovation and disruption is fostered throughout the bank.
09/23/2018
Switzerland Offers Support to Blockchain Businesses Wanting Cryptocurrency Banking Access
As the country faces the loss of cryptocurrency projects as the baking industry prevents access, new guidelines were issued by the Swiss Bankers Association (SBA).
09/21/2018
ICO fines Equifax for data breach
Credit reference agency Equifax fined for security breach
09/21/2018
Switzerland and Israel share thoughts on ICO regulation
Swiss officials visited Israel this week to open a dialogue on how best to regulate ICOs (initial coin offerings) and the wider blockchain and cryptocurrency spaces.
09/21/2018
Outcome of BCBS meeting
The Committee exchanged views on emerging conjunctural and structural risks.
09/20/2018
CADE launches investigation into six Brazilian banks regarding cryptocurrency trading
Brazil’s anti-trust agency has launched an investigation into six of Brazil’s financial institutions as a result of potential illicit trading practices.
09/18/2018
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.
09/17/2018
Hong Kong Monetary Authority announces launch of Faster Payment System
It enables the public to transfer funds anytime, anywhere, across different banks
09/17/2018
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.
09/17/2018
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.
09/16/2018
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.
09/14/2018
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.
09/14/2018
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.
09/14/2018
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.