Managers of Wealth Fintech

Clearview AI fined £7.5m and banned from using data of UK citizens

The controversial company can no longer store data on UK citizens as regulatory clampdown continues.

Tech providers in UK financial services face direct regulation

The EU’s proposed new Digital Operational Resilience Act (DORA) envisages direct regulation of major technology providers to financial entities

Abu Dhabi financial watchdog weighs regulation of DeFi

The regulator reserved the option to approve specific DeFi protocols

Dubai forms task force to track digital economy

The move is expected to cement the emirate's status as a key city in the metaverse

Nomura eyes 15 tech dealmaker hires as march on Wall Street gathers pace

Digital and software sectors will be a key target in Nomura's assault on Wall Street

Crypto ads breach UK guidelines over 44 times for 'misleading advertising'

Study from Crypto Head

Crypto Assets and the BVI – Court makes freezing order against Persons Unknown

ChainSwap reimbursed its users for their loss and seeks to be recompensed for that loss.

Unblu proves compliant information security standards with SOC 2 audit

Due to the geographical scope of SOC 2, which is typically a requirement for cloud-based service provision in the United States, Unblu’s verification will strengthen its position in the North American market.

PwC’s Global Economic Crime and Fraud Survey 2022

Protecting the perimeter: The rise of external fraud

Tech providers in UK financial services face direct regulation

UK regulators are expected to publish a joint discussion paper on CTPs in UK financial services later this year.

Latham & Watkins Advises Carlyle in US$4.2 Billion Acquisition of Mantech

Multidisciplinary team represents Carlyle in acquisition of mission-focused technology solutions and services provider for US defense, intelligence, and federal civilian agencies.

Irish central bank lays down new rules for BNPL providers

The Act introduces an interest rate cap of 23% APR on all credit agreements provided to the consumer.

A Full Reform of the UK Data Protection Regime on the Horizon

The Data Reform Bill will take advantage of the UK’s legislative freedom

MiFID II post-trade reporting: The importance of 3-way reconciliations

The introduction of MiFID II meant that rules were harmonised not only for member states but also for those firms with E.U clients.

Daon joins non-profit Open Identity Exchange

OIX is a non-profit membership organisation that has influenced significant and positive developments to address some of the biggest challenges of building trust in online identity.

Lower tax court treats cryptocurrency gains as taxable income

The decision of the lower tax court of Cologne is the third decision of a lower tax court that confirms the view of the tax authorities

CASS Compliance: The importance of good governance

One of many challenges facing firms is building a culture that promotes change and innovation

First BVI Freezing Order Granted Against 'persons unknown' in Crypto Fraud Case

Given the nature of the respondents as 'persons unknown', the Court permitted ChainSwap to serve the respondents outside the jurisdiction by alternative methods.

Sidley Represents Clearlake Capital in its Acquisition of Kofax

The transaction is expected to close in the third quarter of 2022, subject to customary closing conditions.

Northern Trust Enhances Onboarding Journey for Investors in Private Capital Funds

Agreement with Fenergo Accelerates Fund Managers’ Speed-to-Market and Drives Efficiencies Across the Investor Lifecycle

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