03/22/2022
Central banks, BIS team up on digital-currency payments
This has the potential to reduce reliance on intermediaries and, correspondingly, the costs and time taken to process cross-border transactions.
03/22/2022
This has the potential to reduce reliance on intermediaries and, correspondingly, the costs and time taken to process cross-border transactions.
03/22/2022
SimCorp’s Investment Accounting Services was recently launched in response to a growing trend from buy-side clients for simplifying their operating model by outsourcing accounting and regulatory reporting processes.
03/21/2022
Santander has paid customers hundreds of pounds in compensation after requiring them to use mobile phones to access their online banking.
03/21/2022
The Draft Regulations bid to further tighten government control over the news followed a human trafficking controversy that erupted on Chinese social media
03/20/2022
Consequently, the Court ruled that the defective service could not lead to a defectiveness of its carrier product – the newspaper.
03/18/2022
The hacks caused loss to the applicant, in part because it compensated the affected users and projects.
03/18/2022
The Thai Cabinet relaxed tax rules for digital asset investments on 8 March 2022 in a bid to promote Thailand’s growing crypto industry. In effect, this will provide exemptions on the 7% VAT levied on cryptocurrency trading on authorised exchanges w
03/17/2022
The Data Act also proposes important changes to make it easier to switch cloud services.
03/17/2022
This newly launched version of IRRBB is introduced well ahead of the final regulatory technical standard
03/17/2022
The government has also announced that executives whose companies fail to cooperate with Ofcom’s information requests could now face prosecution or jail time.
03/17/2022
The purpose of the mechanism is to allow businesses to deal with just one data protection authority in relation to their EU operations, as opposed to DPAs across all EU member states.
03/16/2022
In the next couple of months, there will be greater understanding about the future focus of QCB.
03/16/2022
A plan could involve appointing a particular individual with some knowledge of crypto to be an executor or to be a trustee of a will trust
03/16/2022
City A.M. understands the CMA is now set to deliver a verdict on the governance of open banking and the long term future of the OBIE next week.
03/16/2022
The regulator is also consulting on rules proposing to treat unregulated cryptoassets as a high risk investment for these purposes.
03/15/2022
Financial stability risks and regulatory gaps posed by various types of digital assets.
03/15/2022
The software enables financial institutions to offer a more intuitive investment experience, enhance their operational efficiency and gather invaluable user insights.
03/15/2022
China’s central bank found regulatory breaches and lapses during recent inspection of the ubiquitous payments network
03/14/2022
E-money holders may not hold a proprietary interest in the relevant funds but they could still benefit from rights over the firm’s assets in priority to other creditors.
03/14/2022
The FCA has already written to all registered cryptoasset firms and those holding temporary registration status to highlight the application of sanctions on various entities and individuals.