10/28/2025
ABA makes recommendations for AI policy, regulatory reform
Earlier this year, the White House Office of Science and Technology Policy issued a request for information regarding regulatory reforms to promote AI development.
Legal,Regulation,Tax & Compliance
10/28/2025
Regulator warns Australian banks on technology risks
Consequently, banks should be asking more of their internal audit teams to monitor any technology-related risks.
10/24/2025
Trump pardons Binance founder Zhao
Zhao pleaded guilty in 2023 to violating the Bank Secrecy Act and causing a financial institution to violate the same act.
10/23/2025
FCA announces UK fund tokenisation proposals
The regulator is accepting feedback until 21 November on its proposals in the other chapters in the consultation paper.
10/22/2025
American Fintech Council calls on CFPB to prohibit open banking data access fees
The CFPB only published the Personal Financial Data Rights final rule in October, giving Americans the right to instruct their banks to share their financial data with third party providers.
10/21/2025
Tamara obtains Central Bank of the UAE approval
As a leading Fintech platform in the UAE, Tamara has cemented its position as a trusted financial partner.
10/20/2025
UK's HMRC targets crypto investors in major tax crackdown
This new number indicated a rise from the previous 27,700 letters sent in 2023, according to data released under the Freedom of Information Act.
10/17/2025
MAS Launches BLOOM to Advance Tokenised and Stablecoin Settlements
The initiative builds on Project Orchid to expand digital settlement capabilities across currencies
10/16/2025
$14-Billion Bitcoin Bust in Historic Crypto Crime Crackdown
They accuse Chen of leading a massive cybercrime network
10/16/2025
How will the OECD’s Crypto-Asset Reporting Framework impact your business?
Activities of an investment fund investing in crypto-assets do not constitute a service effectuating exchange transactions
10/15/2025
New Italian legislation on Artificial Intelligence: regulatory obligations, operational implications, and alignment with the European AI Act
The Italian law anticipates the adoption of domestic measures aimed at facilitating the effective implementation of the European provisions, with particular emphasis on the healthcare, justice, and labor sectors.
10/15/2025
New digital bank EZ Bank secures SAMA licence
EZ Bank, a joint venture between Qatar's QNB and Saudi Arabia's Ajlan & Bros Holding, also landed approval from the Central Bank of Egypt last week.
10/14/2025
Bank of England Calls for Stricter Oversight on Stablecoins and Private Finances
The Bank of England, led by Governor Andrew Bailey, underscores the importance of adaptable surveillance mechanisms to navigate these transformations.
10/14/2025
FCA partners Raidiam to accelerate open finance testing
The partnership will see Raidiam enable participants of the FCA's Smart Data Accelerator, launched last month, to simulate and test data sharing.
10/14/2025
‘AI first’ approach endorsed in new EU strategies
The first strategy, the ‘apply AI’ strategy, includes sector-specific commitments for industries such as health, manufacturing, defence and energy, as well as pledges with cross-sector relevance.
10/14/2025
UAE signs on to OECD crypto reporting framework
The system establishes a mechanism for exchanging automatically tax information on crypto asset activities and comes into effect in 2027, with the first exchanges of information expected in 2028.
10/10/2025
Fintech Laws and Regulations British Virgin Islands 2025
The British Virgin Islands (BVI) is recognised across the globe as a leading offshore financial centre which, as at the end of Q4 of 2024, had over 355,000 business companies on the Register of Companies.
10/09/2025
DFSA launches consultation over new DIFC crypto token rules
The move comes just days after the Financial Services Regulatory Authority in the Abu Dhabi Global Market revealed revamped rules for fiat-pegged crypto tokens.
10/09/2025
Bank of France wants EU crypto regulation under Paris-based ESMA
The Bank of France’s governor called for crypto oversight to be given to the European Securities and Markets Authority, and for tightening MiCA’s rules on stablecoin issuance.
10/08/2025
Worldpay and East West Bank expand access to advanced payment options
Worldpay and East West Bank, a leading U.S. bank with domestic and international reach, have joined forces to expand payment solutions for the bank’s commercial and business customers.