03/21/2018
City minister: Innovate Finance Global Summit speech
John Glen's speech to the Innovate Finance Global Summit.
Legal,Regulation,Tax & Compliance
03/21/2018
KPMG targets M&A market with Nuix’s powerful data analysis capabilities
KPMG’s deployment of Nuix software will facilitate this process and mitigate potential risks, such as litigation, non-compliance and increased cost and disruption to business as usual.
03/21/2018
Linx International to provide security training for SIRA in Dubai
Managing director of the Linx International Group, David Gill said: “Dubai is a major global hub and well respected as a centre of excellence, especially in areas of technology, security and policing.
03/20/2018
Regulating innovation: a global enterprise
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at Innovate Finance 2018.
03/18/2018
Tax Challenges Arising from Digitalisation: More than 110 countries agree to work towards a consensus-based solution
The members of the OECD/G20 Inclusive Framework on BEPS will work towards a consensus-based solution by 2020, as set out in their Interim Report on the Tax Challenges Arising from Digitalisation released today.
03/18/2018
Bundesbank's Buch adds to calls for cryptocurrency regulation
The issue of how to regulate cryptocurrencies is likely to be high on the agenda at a March 19-20 meeting of Group of 20 finance leaders in Argentina.
03/18/2018
Thailand To Introduce New Cryptocurrency Laws
The second regulation that Thailand is introducing is the revision of the country’s Revenue Code which concerns taxation related to cryptocurrencies and ICO’s.
03/16/2018
Japanese Officials To Ask For Crypto Rules At The G20 Summit
The new push is aimed at implementing common international guidelines for the fast-growing market.
03/15/2018
Outgoing FCA chair warns against crypto harm if not regulated
‘In 2013, I believed, along with many others, that London had, since the end of the Second World War, successfully made the transition from a financial centre of necessity to a financial centre of choice.'
03/15/2018
Christine Lagard says Blockchain Can Be Used to Help Regulate Bitcoin
Despite her inclusive tone and positive recognition of the virtues of cryptocurrencies, she reminds readers that what makes cryptocurrencies so attractive is also what makes them so dangerous.
03/14/2018
Why regulatory reporting continues to be an Achilles’ heel for FIs?
Today, FIs need to submit hundreds of regulatory reports - both at the solo entity and at consolidated levels
03/14/2018
Tandem bank snaps up money management app
The challenger bank has acquired leading finance management app Pariti for an undisclosed fee.
03/14/2018
Former billionaire tech entrepreneur charged with 'massive fraud' by US financial authorities
Holmes Stripped of Control of Company for Defrauding Investors
03/09/2018
Japanese Watchdog Bares Its Teeth
The financial regulator increased monitoring of virtual currency exchanges following the massive hack on Coincheck which resulted in the theft of $532 million worth of digital tokens.
03/08/2018
Can Regulations Temper the ICO Craze?
Regardless of the gravity of restrictions, these regulatory efforts, especially those made by major economies, appear to impact both the local and international crypto markets.
03/08/2018
EU aims to boost fintech with crowdfunding "passports"
The draft law is among the measures published by the commission on Thursday to encourage growth and job creation in fintech to wean the region's economy off its heavy reliance on bank funding.
03/06/2018
SME Development Bank Malaysia Berhad Chooses Wolters Kluwer
OneSumX IFRS 9 is a comprehensive and modular solution which provides the financial industry with a solid framework to capture and store all relevant contractual information
03/05/2018
Mexican Cryptocurrency Regulations Approved by Congress
The bill “seeks to promote financial stability and prevent money laundering,” the news outlet described.
03/05/2018
Could blockchain be the new dawn for anti-money laundering?
A blockchain is operated by parties referred to as ‘miners’ and other times ‘nodes’ or ‘validators’.
03/05/2018
Hong Kong gives fintech measures the thumbs up
This is a means by which employers can offset long service and severance payments to employees by deducting the amounts from contributions made to the latter’s pension accounts. Details on how the money will be used have not been finalised.