06/27/2018
Accenture UK profits hit by charge over tax probe
Accenture, which employs 442,000 staff across 55 countries, said the HMRC probe related to the period from 2009 to 2016.
Legal,Regulation,Tax & Compliance
06/27/2018
Australia, NZ central banks shun volatile cryptocurrencies
"Nine years after its launch and about five years since it entered the public consciousness, bitcoin continues to have structural flaws that make it unsuitable for many uses, many of which stem from its inefficient verification process,"
06/26/2018
HKMA signs fintech pact with Abu Dhabi - Hong Kong
The co-operation between the HKMA and the FSRA would strengthen the two authorities in their respective roles and initiatives in fintech.
06/26/2018
Ghana needs a regulator to check Fintechs - Archie Hesse
Currently, there were 71 Fintech companies operating in the country
06/26/2018
High tech law firm launches online knowledge solution for asset managers
Global Knowledge Hub content has been drafted from scratch, it is available in a clearly defined scope and qualifies as structured data
06/25/2018
ADGM Launches Crypto Asset Regulatory Framework
The new ADGM crypto framework instils proper governance, oversight and transparency over crypto asset activities
06/21/2018
Regulators Exploring Regime For Blockchain
Blockchain technology, and its various applications, has generated significant interest from the Bahamian business community.
06/20/2018
DFIC forms fintech partnership with Startupbootcamp
All of the efforts we are delivering are part of the broader innovation-led strategy that Dubai is promoting, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai.”
06/20/2018
Why Central Banks are afraid of Bitcoin?
A great deal of institutions and people struggle with discovering the worth of Bitcoin.
06/18/2018
Brexit And UK Fintech Investment: Two Years On From The EU Referendum
Dr Liam Fox MP said: "The UK is a world leader in the FinTech sector, thanks to our highly-skilled and creative workforce, fair regulatory system and ease of doing business."
06/15/2018
Bahamas regulators grapple with digital assets
"The Bahamas is well-positioned in that, it's not making hasty decisions to be first."
06/14/2018
Testing times: Trading systems are out of sync with new regulations
No one likes to talk about the IT infrastructure challenges at a bank – it would be a long conversation and largely focused on the amount of work to do.
06/13/2018
South Korea to Regulate Cryptocurrency Exchanges Just Like Commercial Banks
The latest proposal by the Korea Financial Intelligence Unit comes to prevent the use of digital currencies for illicit activities.
06/13/2018
Digital Jersey signs cryptocurrency MoU
We can provide a permissive sandbox for innovative crypto businesses to thrive without moving away from the general high standards of regulation that apply in our jurisdiction.”
06/12/2018
US Bank Wells Fargo Bans Crypto Purchases With Its Credit Cards
With this move, Wells Fargo joins a wave of financial institutions banning the purchase of cryptocurrency with their credit cards.
06/12/2018
Cryptoassets and Financial Crime
Following a risk-based approach does not mean banks should approach all clients operating in these activities in the same way.
06/11/2018
Facebook shared user details with firms after cutting developers' access
Wall Street Journal details access to data during 2015
06/08/2018
Beyond 25 May: The legacy of GDPR
The introduction of the rules has proved particularly timely following the Cambridge Analytica data scandal.
06/08/2018
Guidance issued on tax treatment of cryptocurrency
Operators for this purpose include intermediaries, brokerages, providers of platforms and dealers.
06/08/2018
A Rose by Any Other Name: SEC Clarifies Cryptocurrency Rules
“We’ve got guys with bags of cash headed for the border” because of unregulated crypto offerings, says SEC Chairman Jay Clayton. “I’m protecting the integrity of the market.”