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.
Legal,Regulation,Tax & Compliance
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
08/30/2017
SAS, KPMG launch cloud-based IFRS9 and stress testing regtech solutions
Many banks in Asean seeking a pragmatic solution for IFRS9 have been caught between tactical solutions that do not meet the full requirements, or high-end solutions that are too expensive.
08/30/2017
Alibaba and Tencent are showing how companies can get around Beijing's crackdown on foreign deals
Chinese delivery firm 58 Suyun is combining with Hong Kong logistics company GoGoVan
08/30/2017
Alibaba and Tencent are showing how companies can get around Beijing's crackdown on foreign deals
Chinese delivery firm 58 Suyun is combining with Hong Kong logistics company GoGoVan
08/29/2017
Fintech's the target: Chan
The authority is taking the lead in the process, he said, and if there are good opportunities, the exchange fund will definitely be interested and will form consortiums to invest.
08/28/2017
Canadian Securities Administrators issues guidelines on cryptocurrencies
The notice describes the factors the regulator considers while assessing whether securities law requirements, including prospectus, registration, and marketplace requirements apply.
08/25/2017
Chinese Bitcoin Exchanges Accused of Misappropriating Client Funds
Leading Chinese exchanges have been accused of using customer funds to make high-risk private investments.
08/25/2017
Accenture acquires financial consulting company
Toronto-based technology services firm provides breadth of digital and technology integration experience
08/25/2017
Risky Business For South African Central Bank To Dish Out Bitcoin
We are witnessing the disruption of financial services.
08/25/2017
Mizuho Bank employs IBM Watson to fight financial crime
This can efficiently verify financial crimes investigation efforts such as criminals including terrorists sneaking into the customer base.
08/25/2017
Bloomberg granted FCA approval for MiFID II reporting product
As a component of Bloomberg’s pre-integrated MiFID II solution, Bloomberg’s APA will allow the seamless publication of required trade details when MiFID II goes into force.
08/25/2017
Corlytics named by Magic Circle law firm in its regtech programme
Over 80 RegTech and LegalTech firms applied to join the programme with multiple companies giving pitches, before the successful eight were selected.
08/25/2017
Luxembourg professor joins global experts to research FinTech law and regulation
They include the impact of big data on the financial system
08/24/2017
Eze Software, Charles River Form Mifid II Partnerships
Eze Software and Charles River Development have just announced in their bids to help clients ease the many MiFID II burdens.
08/24/2017
IRS Hunts Bitcoin User Identities With Software In Tax Enforcement Push
It takes time for people to adapt, and that is one reason compliance may be poor so far.
08/22/2017
How Bitcoin could be regulated in South Africa
This is because it is a well-known and implemented concept with the South African financial markets, with SRO status already conferred upon the JSE Limited and the central securities depository.
08/22/2017
Novo Holdings selects SimCorp for front-to-back office overhaul
The agreement with Novo Holdings A/S is a testament to the fact that the continued investment into our products and services makes us attractive to many types of investment companies.