07/27/2022
Linklaters advises SIX Swiss Exchange on the amendments to the GDR rules relating to the “China-Swiss Stock Connect” programme
Linklaters provided legal support to the SIX Swiss Exchange AG
Legal,Regulation,Tax & Compliance
07/26/2022
How FNZ is improving the foundations of a three lines of defence model
Not only do firms have the pressure of being slapped with a hefty fine, but there are also the hefty costs they have with internal compliance processes.
07/26/2022
Fonoa raises $60m amid soaring demand for tax automation
Despite a slow down in venture funding to larger scale fintech startups, Dublin based Fonoa has landed its second round of funding in six months.
07/26/2022
Deutsche Bank partners with IIT Bombay to advance digital innovation
Partnership to bring together academia, fintechs and financial experts
07/25/2022
Lloyds, Santander, Barclays, TSB demand Google, Facebook reimburse online fraud victims
With £462 million being returned in 2020 and 2021 to financial crime victims when the funds cannot be recovered, The Telegraph references Barclays data that points out that over 75% of scams take place on social media, auction sites or dating apps,
07/25/2022
Revolut UK regulatory and risk bosses quit as fintech giant awaits UK banking licence decision
Revolut’s UK data protection officer and UK deputy money laundering reporting officer have also resigned.
07/25/2022
GBST extends partnership with Novia
The continued strategic partnership ensures that Novia’s growth ambitions are underpinned by a proven, robust administration platform as it looks to scale assets and client numbers through technology.
07/22/2022
Bloomberg invests in UK regtech firm
The collaboration enables integration between Soteria and Bloomberg Compliance Solutions — which includes leading compliance system Bloomberg Vault among other real-time Bloomberg surveillance systems and preventative controls.
07/22/2022
Cross-border data transfers between Hong Kong and mainland China - what do we need to know?
The law surrounding data protection has continued to evolve globally and cross-border data transfer could happen in any context.
07/20/2022
Gemini lays off more employees; secures Irish registration
Gillian Lynch, head, Ireland and Europe, Gemini, says: “This is a huge step towards offering our cryptocurrency services in Ireland."
07/20/2022
Equilend to launch swaps platform in EU
In advance of the EU launch, Swaptimization has been enhanced with new features including credit approvals and hedging notifications to counterparties, smart allocations in general collateral (GC) funding baskets and improved audit trail features.
07/18/2022
Why Buyside and fintechs that improve compliance will boom
Steve Pomfret, CEO of Cygnetise, discusses the role Buyside and compliance will have in reshaping fintech in the future
07/14/2022
ANZ in talks to buy accounting software firm Myob
ANZ and KKR are yet to reach agreement in relation to the acquisition and there is no certainty it will proceed.
07/14/2022
Finastra and HSBC collaborate to bring Banking-as-a-Service FX capability to mid-tier banks
This collaboration will take advantage of the best elements of modern API-driven connectivity with licensed institutions’ secure, regulated infrastructure.
07/14/2022
Australia's first Islamic bank wins restricted banking licence
Islamic banks are growing rapidly all over the world and offer fundamentally different banking products without interest - such as home finance with co-ownership, and savings accounts that pay profit-share. Australians will have access to these unique dep
07/11/2022
Why central banks need to engage the private sector on CBDCs
They have the technological expertise to help design, build, and manage a new digital currency, whether in partnership with the central bank or on an outsourced basis.
07/11/2022
FSB stresses need for regulation of crypto-assets
Crypto-assets and markets may perform an equivalent economic function to one performed by instruments and intermediaries of the traditional financial sector.
07/08/2022
More trouble for Flutterwave after Kenyan Court freezes fintech’s bank accounts
The ARA believes that the accounts may have been used as conduits for money laundering in the guise of providing merchant services.
07/07/2022
Lack of crypto tax understanding a ‘concern’ for HMRC
The explosion of interest in this space could lead to many young people’s first real interactions with HMRC being an investigation into their affairs for unpaid tax in the future.
07/06/2022
SIX Digital Exchange’s Web3 Unit Partners With Fireblocks
The platform integration will consist of the highest institutional-grade standards and remains in line with SIX Group’s standards in the market.