Managers of Wealth Fintech

Backbase and Salt Edge partner to accelerate open banking compliance

With Backbase offering the banking and integration platform and Salt Edge providing a state-of-the-art open banking compliance solution

Hong Kong SFC approves tokenized money market ETFs by HashKey, Bosera

HashKey and Bosera are launching tokenized money market ETFs in Hong Kong, offering blockchain-based access to stable cash management.

Thai SEC Files Criminal Complaint Against OKX, Nine Others for Unlicensed Exchange

The regulator found that OKX offered digital asset trading services through its Thai website, charging a transaction fee of 0.1% and promoting its services across various social media platforms

Sparks Fly at First-Ever SEC Crypto Roundtable

Crypto skeptics and advocates went head-to-head in a legal debate that sought to determine the SEC’s role in crypto regulation.

Deutsche Bank invests in governance automation platform Kosli

Mike Long, CEO, Kosli, says: “Right now, teams in regulated industries are basing control and audit decisions on information that is written into text boxes."

Santander to shut almost a quarter of UK branch network

The bank says it will also be changing the format of a number of branches to include 18 counter-free and 36 reduced hours branches, alongside its 290 full-service branches and five Work Cafés.

Overview Of Fintech Laws And Regulations In Cayman 2025

CIMA is responsible for the regulation and supervision of financial services firms operating in and from the Cayman Islands

Senate votes to scrap CFPB oversight of Big Tech payment apps

In addition to the likes of Google, Apple and PayPal, it would likely impact X, which has outlined plans to add payment services this year.

Pam Golding data breach incident a reminder of notification duties in South Africa

The security incident took place on 7 March, when an unauthorised third party gained access to Pam Golding’s customer relationship management system.

Regulatory technology services: FTS

Firm has helped the Central Bank of Oman and others to fix blind-spots in their risk-based AML/CFT supervision

FCA seeks regulatory clarity over lacklustre AI adoption by UK banks

The roundtable discussion, to be held in London in May will seek to adress the challenges faced by firms

Chocolate Finance Temporarily Suspends Instant Withdrawals

Chocolate Finance's customer deposits are held separately by custodians HSBC and State Street.

Strengthening defences against evolving threats from the Southeast Asia region

This is a risk for international finance centres globally as a result of the international reach of their nature of business.

Vietnam PM Directs Finance Ministry, Central Bank to Draft Crypto Framework

The absence of a formal legal crypto framework in Vietnam has pushed many businesses to register abroad

Salmon & PSA Set To Integrate National ID eVerify Into Its Platform

The integration of National ID eVerify makes financial services more accessible, especially for those in remote areas or who have difficulty with traditional verification methods.

The untapped compliance challenge: Why voice is the next fovernance frontier

This process is essential for adhering to regulatory frameworks like MiFID II, DORA, and SEC regulations, making it a critical component of modern compliance strategies.

Recent Changes in APP Fraud Regulations – What Banks and Fintechs Need to Know | ACI Worldwide

APP fraud happens when scammers trick legitimate account holders into sending money to fraudulent accounts.

Bitcoin ATM operator jailed for four years

Osunkoya is understood to have made substantial profit from the operation, charging a typical markup on each transaction of between 30% and 60%.

Singaporeans Should Stay Clear of Cryptocurrencies, Says Alvin Tan

MAS has barred crypto platforms from offering credit or leverage, including credit card payments, due to high debt risks

J Trust Bank reports fintech startup Crowde for alleged loan embezzlement

However, based on the results of an internal audit, the bank found violations of the Cooperation Agreement, or PKS, particularly in the distribution of loans.

Legal,Regulation,Tax & Compliance