04/21/2023
EU Crypto Regulation - MiCA and TFR adopted
The remainder of the provisions under MiCA together with the TFR will apply from January 2025.
Legal,Regulation,Tax & Compliance
04/21/2023
Google Play Proposes Easing In-App Payment Rules for Developers After CMA Investigation
As a result, the CMA has now launched a consultation in an attempt to ascertain whether these proposals will adequately suffice and put an end to its investigation.
04/19/2023
UOB signs MoU with e-commerce platform Lazada
The partnership will tap on Lazada’s technology and position as a leading Southeast Asian e-commerce platform and UOB’s proven expertise in financial products, best-in-class digital banking services and long-established trust with customers.
04/18/2023
The future of open banking in the UK: JROC recommendations released
The Joint Regulatory Oversight Committee (JROC) has published its recommendations for the next phase of open banking in the UK
04/17/2023
Banking associations want payments removed from EU digital identity plan
"The current wording seems to imply that the full payment sphere is included in eIDAS 2.0 on a mandatory basis," says a statement.
04/17/2023
Thunes Gets Nod for New Payment License in France
With the new license, Thunes said that it can accelerate its expansion by onboarding new companies of all sizes in the EU and opening additional avenues for various use cases.
04/17/2023
FCA awards NayaOne tender for permanent digital sandbox
After a series of pilots since 2020, the Financial Conduct Authority will have a permanent digital sandbox by Summer 2023.
04/14/2023
What is Discord, the chatting app tied to classified leaks?
Discord started in 2015 as a nerdy online hangout for gamers and had some hiccups in its quest for mainstream success
04/14/2023
Bottomline joins Datadog marketplace
The Datadog Marketplace connects Datadog customers with unique technology integrations that allow for more customization and flexibility.
04/13/2023
Podcast: Digital Assets In The Courts Part II
Emerging challenges in digital assets continue to push the courts to develop their thoughts on historic concepts as they examine how best to catch up with this new asset class.
04/13/2023
A&O flexes AI expertise to advise on UK's first unicorn round of 2023
The software can reveal hidden connections and relationships between people and organisations, surfacing suspicious activities for future investigations.
04/12/2023
Regulation a key aspect of the prosperity of Singapore’s banks and their top executives
Piyush Gupta of DBS received S$15.4 million in remuneration for 2022, 13.3 per cent more than for 2021.
04/12/2023
Spanish tax agency to send over 328K notices to crypto holders
According to the fiscal authority, the number of potential taxpayers who failed to declare their crypto assets rose by 40% in a year.
04/11/2023
Payments provider Ryft wins FCA licence to rival the likes of Stripe
This is the next big step for the fintech following its £1.2m seed round in August.
04/06/2023
Luxembourg law enables blockchain use in financial services
The new legislation implements EU legislation finalised last year which provides for distributed ledger technology-based financial markets infrastructure
04/06/2023
Skaleet links core banking platform to Amlyze financial crime kit
The partnership also includes cooperation between the two leading vendors to share best practices on how financial institutions can launch new, innovative, and secure financial services that exceed customer expectations.
04/05/2023
Dutch regtech Fourthline raises €50mn to simplify compliance
In order to hold back the tide of financial crime, a raft of KYC, AML and anti-fraud technologies have been developed.
04/05/2023
EY hit with German audit ban over Wirecard work
Wirecard was a rising blue chip star before its collapse in 2020 following the discovery of a gaping €1.9 billion hole in its balance sheet.
04/05/2023
SEC charges founder of financial aid startup Frank with defrauding JPMorgan
For its part, JPMorgan claims that it found out about the alleged fraud when it sent out marketing test emails to a list of Frank’s customers provided by the company and more than 70% of them bounced back.
04/04/2023
Cross-Border QR Code Payments Connectivity Launched Between Singapore and Malaysia
With pre-pandemic annual traffic between the two countries averaging 12 million visitors, the payment linkage is intended to provide merchants and consumers with a practical means to make and receive payments.