12/20/2021
Digital Markets Act to enter into trialogue negotiations
The European Parliament voted for stronger and centralised enforcement by the European Commission, in cooperation with national authorities.
Legal,Regulation,Tax & Compliance
12/20/2021
The Monetary Authority takes disciplinary action against ePaylinks Technology
The Monetary Authority has reprimanded and ordered ePaylinks to pay a pecuniary penalty
12/20/2021
Is your firm ready for the UK’s new prudential regime?
Post-Brexit, the IFPR serves as the UK’s version of the EU’s prudential regime, the Investment Firm Regulation and Directive.
12/16/2021
SGX mandates climate and board diversity disclosures
All issuers must provide climate reporting on a ‘comply or explain’ basis in their sustainability reports from the financial year (FY) commencing 2022.
12/16/2021
Wolters Kluwer FRR triumphs in APAC leadership, regulatory reporting and risk awards
Wolters Kluwer’s Finance, Risk & Regulatory Reporting business has won a number of major awards for the Asia Pacific region.
12/15/2021
CBI Calls On Fintech Firms To Undertake Regulatory Review
The letter sets out the CBI's expectations for the Firms and outlines specific actions for each Firm to take by 31 March 2022.
12/15/2021
Watchdog bans seven ads in crypto 'red alert'
The ASA says it hopes to produce new guidance on cryptocurrency advertising.
12/15/2021
European Commision presents new digital strategy to modernise financial supervisory reporting
Today's strategy aims at tackling the challenges arising from the increased volume and complexity of the data required to oversee the financial system.
12/14/2021
UAE Federal Data Protection Law 2021
Businesses will then have a grace period of six months from the date of the Regulations to bring their organisations into compliance with the DP Law meaning enforcement is likely to commence from September 2022.
12/14/2021
Jersey Funds Law Series - Data Protection (Jersey) Law 2018
In some cases data subjects will need to be notified.
12/13/2021
Enhancements to the Code of Banking Practice
The revised Code is effective from 10 December 2021.
12/12/2021
Transforming data collection communication to firms – 8 December 2021
Communication to firms to provide an update on the progress of the joint transformation programme, which is being led by the Bank of England, FCA and industry to transformation data collection from the UK financial sector.
12/10/2021
The UK Online Safety Bill: Harmful (But Legal) Content and What’s Next?
The lengths to which internet service providers can (or even should) be required to go in order to improve online safety remains one of the greatest challenges and uncertainties arising from this legislation and will be one of the key areas of focus as th
12/10/2021
Carey Olsen advises fintech startup
The Series B was led by global investment manager Cotaue, who has also invested in TikTok, Deel and fellow Mexican unicorn Bitso.
12/10/2021
Hong Kong’s Unfriendly Crypto Rules Boost Rival Efforts To Attract Bitcoin Billionaires
Hong Kong has developed into a hotbed for blockchain and crypto-related businesses.
12/09/2021
Walkers Advises on MENA Region's First Fintech Fund
The fund is backed by a range of prominent investors in the region, including sovereign wealth funds.
12/09/2021
Westpac signs Flare up to use its banking-as-a-service platform
Flare's software helps businesses to manage payroll, employee onboarding and benefits.
12/09/2021
Swiss Central Bank Wraps Digital Currency Trial
The experiment, called Project Jura and involving SIX's digital exchange, Credit Suisse, and UBS, tested the feasibility of cross-border settlement of two CBDCs on blockchain.
12/07/2021
Raisin Bank deploys ComplyAdvantage to scale up AML programme
The servicing bank has been part of Raisin DS since its acquisition by the fintech in 2019.
12/06/2021
Breaking down barriers or building up barricades? The outlook for data privacy in 2022
The big question is whether any of these solutions will pave the way to harnessing that data without regulatory friction or whether they will slow down data-powered progress.