05/10/2022
VP Bank selects Ripjar’s Labyrinth Screening Platform
A core component of this is having the technologies in place to run advanced media screening.
Legal,Regulation,Tax & Compliance
05/10/2022
Flagstone receives regulatory approval in Jersey for new international arm
Flagstone International has also partnered with HSBC Channel Islands and Isle of Man, who will provide key operational services and support for the new business.
05/09/2022
Spare Technologies granted license as an open banking ancillary service provider in the Kingdom of Bahrain
The license will pave the way for Spare to kickstart their operations in Q2 of 2022
05/09/2022
Open Banking pushback shows consumers need guidance
It’s also worth remembering that while the UK’s recent inquiry into the banking industry was to do with competition, Australia’s Royal Commission was about misconduct.
05/06/2022
Digital Services Act agreed by EU law makers
Fines of up to 6% of the annual global turnover of will be able to be levied on online platforms and search engines that fail to comply with the new legislation.
05/06/2022
European data protection authorities agree to enhance cooperation
The EDPB said there are qualitative and quantitative criteria that the authorities will refer to for collectively identifying when a cross-border case is to be subject to the enhanced cooperation measures.
05/06/2022
Fintech MainStreet cuts about 30% of staff, citing ‘incredibly rough market’
In 2020, MainStreet crossed the $1 million ARR run rate threshold and helped the average MainStreet client save $51,000
05/05/2022
22-104MR Court finds RI Advice failed to adequately manage cybersecurity risks
The orders were made by consent after ASIC and RI Advice agreed to resolve the proceedings.
05/05/2022
Linklaters collaborates with Opus 2 to develop and deploy game-changing technology to transform the management of investigations
Opus 2 Investigations is a secure cloud-based solution that brings together the key evidence in an investigation
05/05/2022
Herbert Smith Freehills Advises Softbank Robotics Group Corp
SBRG will acquire a minority stake in URG
05/04/2022
Linklaters contributes to Gibraltar Government
The Group was convened for the specific purpose of considering and crafting the legislation and guidance.
05/04/2022
U.S. "open banking" rule bogged down by privacy concerns
Such advocates say open banking will make it easier for non-banks like technology companies to compete with traditional financial institutions
04/29/2022
UK’s digital watchdogs take a closer look at algorithms as plans set out for year ahead
Every day, we access services that process data using a wide variety of automated systems.
04/29/2022
Abu Dhabi and Dubai launch cryptoasset regulatory initiatives
VARA will have the ability to restrict or suspend licences and activities, as well as issue fines for organisations or individuals violating its rules.
04/28/2022
Regulators call for action in open finance
Financial Conducts Authority payments policy manager Helen Oger-Zaher and Open Banking Implementation Entity head of policy Alan Ainsworth joined the stage to represent the regulators, while Plaid’s UK policy lead Kat Cloud and Stripe’s head o
04/28/2022
Abu Dhabi and Dubai launch cryptoasset regulatory initiatives
The company will provide access to cryptoassets through regulated funding, trading and custodial services in dirhams.
04/26/2022
Regulatory Treatment of Fund and Cash Tokens
Regulating cash equivalent payment tokens is a bit of a different story.
04/25/2022
UnaBiz appointed new owner of Sigfox
The new management has pledged to put business continuity on top of its agenda.
04/25/2022
CASS Compliance: The importance of good governance
The FCA frequently discuss these two dimensions in public enforcements cases they issue.
04/25/2022
European police take down $22m crypto investment fraud across 71 countries
The criminal justice agency further said that authorities in Finland, France, Germany, Latvia, the Netherlands and Ukraine conducted the operation and seized 50 servers.