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Legal,Regulation,Tax & Compliance

09/12/2017

France, Germany, Spain, Italy call for turnover tax for tech giants

France is apparently leading the push to reform taxation rules and create an “equalization tax” on revenue earned from digital business activity that would bring taxation to the level of corporate tax in the country where the revenue was earne

09/12/2017

Why SFTR compliance is an opportunity for greater data insight by Paul Burleton, GFT

Clear driving principles of data ownership will be key in order to address data quality, timeliness and accuracy.

09/12/2017

DFSA and Malaysia’s Securities Commission sign FinTech Agreement

Our FinTech regime is developed to enhance and improve access to finance and the efficiency of markets.

09/11/2017

European Central Bank is Working on Licensing Rules for FinTech Companies

The European Central Bank plans to create licensing guidelines for financial technology firms.

09/11/2017

From next month, showing off your wealth on social media may land you in trouble

The tax department will analyse mismatches in income declarations and spending patterns to trace tax evasions and black money, an official said.

09/11/2017

The algorithm ate my homework is no excuse

It can't be like, the algorithm ate my homework.

09/11/2017

SEC slaps $35 million fine on State Street for order handling deceptions

The subscriber used Last Look to reject 57 matches that each had a $1 million face value.

09/07/2017

Fintech pushes EU to explore changes to bank software rules

We will envisage appropriate action if needed.

09/06/2017

Singapore Becomes Favored ICO Destination for Blockchain Companies

The token is available on an Ethereum-based Blockchain.

09/06/2017

Banks in bid to win software investment boost from EU

EU banking rules treat software as a cost rather than an investment, forcing lenders to cover expenditure on digital applications with an equal amount of capital.

09/06/2017

Swarm Fund Launches Compliance-Oriented Token Offering Tailored to Evolving Regulatory Environment

Introduces Liquid Democracy Self-Governance Structure, Provides Ownership to Crypto Token Holders

09/06/2017

Over a quarter of businesses unsure if they'll be ready for MiFID II

MiFID II has faced many delays in its implementation.

09/06/2017

FCA told to rewrite rules to recognise WhatsApp

He said email is “dead” and UK regulators need to recognise this.

09/06/2017

Fintech: Swiss Agree Cooperation Pact With Singapore

The Singapore FinTech Association and Swiss Finance + Technology Association sign Memorandum of Understanding

09/05/2017

Is this the next financial scandal waiting to happen?

It has allowed me to jump in and invest in a start-up.

09/05/2017

EY reports strong global revenue growth in 2017

We have once again achieved strong revenue growth in what continues to be a complex business environment.

09/05/2017

What is an ICO, and why is China’s central bank banning it?

Cryptocurrencies can be designed to be widely used, as with bitcoin, or to operate within an online network like the Ethereum network that uses ethers to make payments.

09/04/2017

UAE: Companies incur big losses as IT frauds rise

Companies should select “right people with integrity and competency” to detect and prevent fraud, Abdulqader Obaid Ali told CIOMajlis in Dubai, UAE.

09/01/2017

Peel Hunt picks Torstone for MiFID II reporting

The news follows Torstone Technology’s announcement in March this year that it began live testing the new InfernoRC module with its clients.

08/31/2017

Consultative document on the implications of fintech for banks and supervisors issued by the Basel Committee

Banking standards and supervisory expectations should be adaptive to new innovations

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