Managers of Wealth Fintech

Wolters Kluwer acquires LicenseLogix

LicenseLogix is a premier provider of comprehensive business license services, including research, filing and ongoing compliance management.

The ICO issues its response to the UK Government's proposals to reform the UK GDPR

While the ICO maintains that it supports the UK Government's review of the country’s data protection rules and the purpose behind that review, it raises many concerns about the proposals put forward by the Government.

UK Cryptocurrency Tax Is Still Murky Territory — Here’s How to Navigate It

The only things certain in life are death and taxes — and that applies to cryptocurrency tax in the UK, which is still being defined by the HMRC.

Art collector's court case signals potential legal and contractual issues with NFTs

According to the NFT Report 2020, published by L’Atelier BNP Paribas and Nonfungible.com, the value of the NFT market grew by 299% in 2020.

MAS Announces 60 Finalists for the 2021 Global FinTech Hackcelerator and FinTech Awards

Ten finalists each were shortlisted through the Local Programme and the International Partner Programme.

Clear Rules on Crypto Assets Imminent, says FDIC’s McWilliams

Chair outlines various risks and opportunities for stable coins and other digital assets

FBI raids Chinese POS terminal maker PAX Technology

The terminals appear to have been used as a "malware dropper" and as "command-and-control" centres for carrying out attacks.

Justice Department probes Visa's relationships with fintech companies - WSJ

The company said earlier in March the Justice Department was looking at its debit practices after reports that the United States was investigating whether Visa uses anti-competitive practices in the debit-card market.

European Central Bank announces digital euro advisory group members

The group consists of 30 high-ranking financial professionals from organizations, including BBVA, CRIF and Stripe, among others.

US Treasury guidance sets out sanctions compliance duties for virtual currency industry

The sanctions compliance guidance (28 page / 2.13MB PDF) reminds the industry that compliance obligations apply equally to transactions involving virtual currencies and those involving fiat currency.

Cryptoasset investment fraud: inside the investigation

Cases are on the rise and the value of misappropriated assets increasing.

Dutch regulatory authorities strengthen cooperation over regulation of digital activities

The AP also announced that the four authorities will jointly invest in knowledge, expertise and skills and will explore if they can support each other, for example by tackling problems in the digital market together.

European lawmakers and competition authorities focus on tech transactions

Recent decisions by national competition authorities under the merger control rules illustrate the current approach by the authorities to these issues.

China’s central bank continues to tighten regulation of fintech

Chinese authorities have taken a series of recent measures on fintech regulation.

Japan: New digitalization and sustainability tax incentives require certified business plans

Companies looking to invest in a more comprehensive DX or, alternatively, invest in certain efforts to promote environmental sustainability, should consider whether taking advantage of the DX and CN incentives may be beneficial for them.

The Hong Kong Monetary Authority’s Fintech Supervisory Sandbox links up with the People’s Bank of China’s Fintech Innovation Regulatory Facility

The “network link-up” aims to provide a “one-stop platform” to allow eligible financial institutions

Legal,Regulation,Tax & Compliance