Managers of Wealth Fintech

A Quantum Leap for Financial Services

The workshop also pointed to the challenge security will pose to regulators in various sectors

China Considers Closing Loophole Used by Tech Giants for U.S. IPOs

Securities regulator working to change overseas listing rules

New law opens gates for institutional crypto investment in Germany

The new law could facilitate a massive influx of German financial capital into the crypto industry, with some analysts speculating this latest move will open the door to $415B in potential investment in cryptocurrencies.

COVID-19: Lifting of working from home guidance in England

On 5 July the Government published the COVID-19 Response: Summer 2021 setting out the details of the final roadmap step 4 as England transits out of lockdown.

Hong Kong confirms new licensing regime for virtual asset services providers

The proposed licensing regime will be more encompassing and requires mandatory licensing for all virtual asset exchanges

Luxembourg companies to hold virtual meetings until 31 December 2021

The following rules will continue to apply notwithstanding any provision to the contrary in the articles of association of the relevant company

What the EU’s new MiCA regulation could mean for cryptocurrencies

The EU is currently in the process of negotiating a new regulation on crypto-assets. Firat Cengiz explains the scope of the regulation and what it could mean for the crypto market in Europe.

Broadridge buys compliance and surveillance assets from Jordan & Jordan

The solution provides a combination of surveillance and regulatory reporting as well as compliance consulting capabilities for US regulations.

European Commission proposes revisions to consumer credit rules

The proposal updates both the existing General Product Safety Directive as well as the EU rules on consumer credit to safeguard consumers.

New PRC Data Security Law

China’s latest step in building its comprehensive data and cybersecurity regime.

MTI and Cajee brothers' Bitcoin scandals prompt quicker move for crypto regulations

The brothers are still at large, but one, Raees Cajee, told Dow Jones on Monday only about $5 million (R71 million) was missing

Government not paying "fair share" for data protection authority

In 2020, JOIC registered 7,780 businesses that hold personal data, it handled 486 cases, up from 2019’s 384.

South African brothers deny role in $3.6bn Bitcoin ‘heist’

As regulator raises red flag on ‘Ponzi-like’ tactics used by their firm

Tanzania’s Central Bank Working on Reversing Crypto Ban, Following President’s Directive

The Bank of Tanzania prohibited the use of cryptocurrency assets in the country back in November 2019, saying that they were illegal.

Allens advises Vocus Group

The acquisition was approved by Vocus shareholders and the Supreme Court of New South Wales this week.

ASIC applies to appoint provisional liquidators to Semantic Software Asia Pacific Limited

ASIC’s application has been listed for an initial hearing in the New South Wales Supreme Court in Sydney on Monday, 28 June 2021.

Met makes one of world's largest cryptocurrency seizures

The seizure was carried out by detectives from the Met’s Economic Crime Command on the back of intelligence received about the transfer of criminal assets.

EU data transfers compliance: businesses get fresh guidance

Clearly this more broader assessment will have significant implications not just in relation to transfers but the appointment of service providers

UK watchdog issues warning about 111 unregistered crypto asset firms

This is a very real risk so we are worried about that.

South African Brothers Vanish, and So Does $3.6 Billion in Bitcoin

The incident could spur regulators’ efforts to impose order on the market amid rising cases of fraud.

Legal,Regulation,Tax & Compliance