10/17/2024
The proposed amendments aim to enhance the BMA’s administrative, rule-making and enforcement powers, refine definitions used in the Act and amend annual reporting requirements.
10/16/2024
Carey Olsen additionally advised on the formation and registration of the Fund's investment manager as an approved manager under the laws of the BVI.
10/15/2024
Launched by the Dubai Future Foundation and the UAE Ministry of Economy, the DIPH aims to foster innovation in the region.
10/14/2024
Following the deal, Warburg Pincus now has a portfolio of 11 Brazilian companies
10/10/2024
The London-based company, which recently obtained a U.K. banking license and is valued at $45 billion, expects the approval process to take under two years.
10/09/2024
Separately, the company's Derivatives North America unit has filed a petition with the SEC and Commodities Futures Trading Commission seeking to confirm by joint interpretation
10/08/2024
In this respect, the CJEU said that a relevant factor will be whether data subjects can be said to reasonably expect such processing.
10/07/2024
The collaboration was formalized following the recent signing of a Letter of Intent (LOI) by Kuala Lumpur City Hall
10/07/2024
FinTech, eCommerce, and property technology (PropTech) remain top sectors for investors in the UAE.
10/07/2024
This strategic move underscores the company's commitment to North America, its most crucial market.
10/07/2024
The regulator says it will now be “closely monitoring” how the measures impact APP fraud and will undertake an evaluation of their effectiveness after 12 months of operation.
10/04/2024
Optus subsequently engaged external counsel and Ashurst Australia (Ashurst), an external law firm, to advise regarding the incident.
10/04/2024
The UK Treasury will give banks new powers to delay payments by up to 72 hours to investigate suspected fraud or scams.
10/03/2024
By providing these financial institutions with easy-to-understand insights on the businesses they are onboarding, this partnership will not only reduce fraud but ensure compliance with regulatory requirements.
10/03/2024
As a result, Starling initially agreed to a voluntary requirement (VREQ) to halt opening new accounts for high-risk customers until improvements were made through its AML enhancement plan.
10/02/2024
Last month, the FCA charged Osunkoya with running a multimillion-pound crypto ATMs without authorisation.
09/30/2024
Firms can even arrange pre-application meeting with the regulators in order to better understand the requirements, according to the announcement.
09/26/2024
As a result, Visa’s unlawful conduct affects not just the price of one thing – but the price of nearly everything
09/26/2024
The report highlights legal professionals with extensive experience in the field, including those skilled in implementing blockchain solutions and providing data protection and cybersecurity advice.
09/25/2024
Compliance costs in Europe amount to around €100bn annually