08/23/2021
Dubai Public Prosecution investigation reveals defendants hatched elaborate plot to hack into a company's bank account and launder stolen funds worth around AED14 million
08/23/2021
The President of the Banco Central do Brasil (BCB) also known as the Central Bank of Brazil has stated that it is important to have robust cryptocurrency regulatory policies in place, to address the increased interest in the nascent technology.
08/23/2021
Notably, the three BitMEX co-founders were also charged with one count of violating the BSA and one count of conspiracy in October 2020.
08/20/2021
Revolut Taps BearingPoint RegTech To Meet Regulatory Reporting for Its UK Bank
In total, three additional modules; UK Statistical Reporting Module, EBA Solo Reporting Modules, and EBA Consolidated Modules are now being added to the solution to meet the requirements imposed by UK regulators with regards to Prudential Regulation Autho
08/20/2021
SA crypto developer Riccardo 'Fluffypony' Spagni denied bail by US court
In a ruling on Wednesday, a US judge ordered that Spagni be remanded in custody until his extradition hearing takes place.
08/19/2021
The draft summarises new forms of unfair competition including online false advertising, false trading and online defamation.
08/18/2021
The CASP Directive sets out detailed requirements on entities seeking registration in CySEC’s CASP register
08/18/2021
An entity is required to be licensed by ASIC if they provide financial services (such as advising or dealing) in relation to financial products offered in Australia.
08/17/2021
With increasing regulatory convergence and significant advances in UK sanctions legislation over the past 12 months
08/17/2021
The Digital Asset Issuance Act 2020 governs digital asset issuances and is the primary legislation for such issuances in Bermuda.
08/17/2021
The plaintiff was affected by a data privacy scandal at the Austrian postal service, which revealed that the postal service processed and sold information on the political affiliation of the entire Austrian population.
08/15/2021
This article only looks at privacy which is the legal obligation for businesses to manage customer data – the GDPR sets out the principles. Under the GDPR, retailers are accountable to their consumers and to the UK’s regulator the Information
08/13/2021
Wealth management advisors are investment management experts, not compliance administrators – and it needs to remain that way.
08/13/2021
As a result, market participants should anticipate increased CFTC enforcement within the cryptocurrency space and be mindful of—and comply with—all relevant CFTC rules.
08/13/2021
By delegating the requirement to specify the precise obligations that need to be complied with to the provider, the Commission is potentially creating a significant degree of uncertainty for users.
08/13/2021
"Follow the money" - for generations it's been the mantra of investigators looking for criminals.
08/12/2021
The first of this two-part series examines how and why legal change derives from business digital transformation. The second segment analyzes the legal function’s transition from cost center to value creator and how to quantify its value.
08/11/2021
Spagni was taken into custody by US Marshals in Tennessee last month at the request of SA authorities, who want him extradited back home to face fraud charges.
08/11/2021
The South African Revenue Service is increasingly auditing taxpayers’ crypto holdings and trading activities. Don't get slapped with a surprise tax bill, say Joan Chong and Lumen Moolman.
08/11/2021
The deal is expected to complete in mid-2022