05/19/2023
Westpac bans transfers to Binance
Westpac says it is trialling cryptocurrency blocks on a number of exchanges.
Legal,Regulation,Tax & Compliance
05/19/2023
HilltopSecurities Selects Broadridge to Provide Regulatory and Customer Communications Processing
A better digital experience for regulatory and transactional communications
05/19/2023
Total Solutions Group achieves software provision certification
This certification underpins the company’s commitment to ensuring operational best practice and information security management across the solutions it delivers
05/19/2023
SEI Adds Tax-Managed Strategies to Suite of Models Featuring Capital Group
New Solutions to Help Maximize Tax-Efficiency and Drive Investment Flexibility
05/18/2023
Axis launches digital payments platform for small businesses
axis has obtained the license from the Central Bank of Egypt
05/18/2023
Mediobanca further develops its advisory business through strategic investment in Arma Partners
Under the terms of the agreement Mediobanca will acquire Arma to create a leading Digital Economy franchise within the CIB Division.
05/17/2023
GFMA calls for regulators to take more innovative approach to DLT in capital markets
It focuses on three emerging use cases: collateral management; tokenisation of assets; and sovereign and quasi-sovereign bonds.
05/17/2023
Crypto «Wunderkind» in Severe Breach of Swiss Regulations
Furthermore, both Yousef and the Dohrnii Foundation failed in part failed to comply with their duty to provide information to Finma during the investigation.
05/17/2023
Banks Call for More Innovative Regulatory Approach to DLT
The report finds that DLT could unlock transformative cost-saving and operational efficiency benefits
05/17/2023
Regulate crypto as gambling says UK Treasury Committee
The Committee's conclusion have been strongly rejected by industry association CryptoUK.
05/15/2023
Collaboration is needed for central bank digital currencies (CBDC)
While the rise of CBDCs has been focused on how digital versions of existing central bank money can achieve domestic policy goals, many haven’t considered their cross-border potential.
05/15/2023
Zug fintech launches unlisted unicorn index fund with Morningstar
The index includes aerospace firm SpaceX, banking startup Revolut and payments company Stripe.
05/11/2023
MAS lifts DBS capital requirement following wave of outages
MAS has also required DBS Bank to take immediate steps to improve the resiliency and recoverability of its existing system
05/10/2023
Luxoft and Finastra extend partnership to deliver turnkey managed services to banks in EMEA
Partnership provides Finastra's Kondor customers with access to cloud-based services for increased agility and lower total cost of ownership
05/09/2023
SEC ordered to speak up on cryptocurrency regulation
The crypto exchange referred to a 2022 petition asking for formal rule making within the digital assets sector, to which the SEC is yet to respond.
05/09/2023
Tide calls for tax on social media and telcos to fund fight on fraud
The levy would apply to social media and telecoms companies, where, says Tide, the majority of scams originate, as well as faster payment transactions.
05/09/2023
Revolut’s UK banking license decision set for summer showdown
Two years on Revolut’s still waiting for its banking license. Patience is clearly wearing thin for its co-founders.
05/09/2023
UK Tax Authority Sets Sights on Crypto Confiscation
The UK government is considering proposals that would give the tax authority powers to seize cryptoassets from tax-dodging businesses
05/05/2023
No taxation, years of complex crypto industry regulations, and other benefits of obtaining an offshore license
The main advantage of starting a crypto company is increased privacy.
05/03/2023
Hogan Lovells is engaged by the Securities Commission of The Bahamas to draft new DARE Bill 2023
Building on the DARE Act 2020, the DARE Bill aims to address legislative gaps, ambiguities, and procedural concerns within current legislation.