06/13/2023
MiCA: A new dawn for crypto-asset regulation
Cyprus is an example of an EU Member State that opted for much greater regulatory oversight than the minimum set out in the 5AMLD
Legal,Regulation,Tax & Compliance
06/13/2023
AI a ‘game changer’ for document production in construction arbitration
In certain cases, as recognised in the 2018 ICC guide, document production may be essential if one of the parties has sole possession of documents needed by the other party.
06/13/2023
The future of banking policies
The balance between regulatory oversight and fostering innovation will be a key consideration in shaping future banking policies.
06/12/2023
UK regulator confirms banks will have to reimburse victims of push payment fraud within 5 days
Not everyone is convinced, however, with Tide’s CEO Oliver Prill being a staunch critic of the plan.
06/12/2023
JCRA introduces new regulation to combat telephone-based fraud
Once answered, the fraudster may be able to persuade the call receiver to disclose personal information such as bank details, which can lead to both financial loss and emotional harm.
06/08/2023
International harmonisation of digital asset law and regulation: a series of meaningful steps, but a long road ahead
The novel nature of digital assets and their markets has raised fundamental questions as to how they should be treated from a legal and regulatory perspective.
06/08/2023
FCA introduces tough new rules for marketing cryptoassets
The new rules come into effect as research from the FCA shows that the estimated crypto ownership has more than doubled from 2021 to 2022
06/08/2023
Baloise Asset Management continues partnership with SimCorp
Baloise Asset Management manages the assets of its parent company, insurance firm Baloise Group, and provides investment strategies for asset classes including equities, bonds and real estate to third-party investors.
06/07/2023
Circle Singapore Gets Full License to Offer Digital Payment Token Services
Circle has intended for Singapore to be its principal hub in Asia to service its growing business in the region.
06/06/2023
SEC files 13 charges against Binance and Changpeng Zhao
Binance was to create 40 Bermuda jobs, at least 30 of them Bermudian and spend up to $10 million on training for Bermudians in blockchain technology development.
06/06/2023
SEC sues Binance and CEO Changpeng Zhao
Further, the SEC alleges that, while Zhao and Binance publicly claimed that the company's US exchange was created as a separate, independent trading platform for US investors, they secretly controlled Binance.US operations behind the scenes.
06/05/2023
The Philippines wins bank note of the year
Despite its international acclaim, the note has proved controversial in the Philippines
06/01/2023
HSBC partners Quantinuum for quantum computing research
The partners will investigate the use of quantum computing-hardened cryptographic keys, including uniquely combining them with post-quantum cryptographic algorithms.
06/01/2023
Standard Life partners with Moneyhub for open finance launch
Standard Life and Moneyhub’s partnership to integrate open finance functionality across its app and dashboard will affect 1.5 million workplace pension scheme members.
05/31/2023
SEC hits former Wells Fargo community bank lead with $3 million fine over cross-selling scandal
The complaint alleges that Tolstedt made misleading public statements to investors at Wells Fargo’s investor conferences in 2014 and 2016
05/31/2023
Gmex and Tokenovate execute smart contract for VCC derivatives trades
VCCs are a crucial element in achieving global net zero and energy transition goals by 2030
05/30/2023
LatAm fintechs propose joint open finance regulation
Open Finance establishes rules for exchanging financial information among fintechs, banks, and other financial market participants.
05/30/2023
Suptech Experts Explain Importance of Incorporating AI and ML to Improve Regulatory Oversight
Ensuring compliance and identifying bad actors has become much harder in the last decade.
05/30/2023
Digital Markets, Competition and Consumers Bill: UK tech sector competition rules
The CMA will have powers to formulate behavioural rules, known as conduct requirements
05/29/2023
Brace for impact: the market could explode if China lifts its Crypto ban
This first ban was aimed at slowing down Bitcoin trading