Managers of Wealth Fintech

China's central bank vows to maintain tight cryptocurrency regulation

The bank claimed that its monetary policy would be flexible, targeted, reasonable and appropriate.

Showing performance advantages through active tax management strategies

For those investors, there is little point in paying a premium for actively managed portfolios that cannot significantly outperform the market.

MFSA issues warning about three online companies

Warnings about Legit Crypto Option, Admiral Capital Trade and Hillwood Limited

German law allowing institutional funds to hold crypto comes into effect Aug. 2

As much as $415 billion worth of investments could flow into cryptocurrencies as new laws governing German Spezialfonds go into effect.

Monzo bank in money laundering rules investigation

Digital bank Monzo is being investigated by the Financial Conduct Authority (FCA) over potential breaches of financial crime regulations, the bank has disclosed.

Foreigners file slew of lawsuits against alleged Israeli investment scammers

People who say they lost large sums to fraudulent trading firms are seeking justice in civil court, though they face webs of shell companies and opaque ownership structures

German court rules on the right to access under the GDPR

This means that it includes internal documents and correspondence with or about this person.

ECB told to fix crisis management, comms and disaster recovery after Target2 outage

Data published by the ECB indicates that the glitch resulted in a €416 billion slump in the use of the deposit facility at the central bank.

Latham & Watkins Advises Riskified Ltd. on IPO

Cross-border team represents the fraud management platform enabling frictionless eCommerce in the offering.

CMA mandates ‘Sweeping’ in big win for UK Open Banking

Mandating VRPs will mean that the largest UK current account providers must implement within the next six months

Standard Chartered and Northern Trust Announce Zodia Custody Receives FCA Registration

The registration means that Zodia Custody is now providing commercial services to clients as a cryptoasset business.

S.Korea to toughen rules to collect cryptocurrencies from tax dodgers

Going after tax evaders is part of South Korea's broader probe to tighten oversight of crypto markets to root out money laundering and other financial crimes using cryptocurrencies

FinTech company partners up for new due diligence solution

The IDnow platform, which is fully integrated into MYCDD’s cloud-based framework, will enable MYCDD to offer a simple and quick way for clients to securely prove their identity.

Tax authorities ask Germany for data of Maltese with offshore Dubai accounts

Malta is on the hunt for international tax dodgers

Increase in UK regulation of cryptoassets anticipated

As we improve our technology and capabilities, we will be able to identify and make better, faster judgements about harm.

Opening Keynote Speech at Fraud and Financial Crime Asia 2021 Conference

Carmen Chu, Executive Director (Enforcement and AML), Hong Kong Monetary Authority

New EU AML rules will ensure full traceability of crypto transfers

The measures recognise the emerging challenges linked to technological innovation, with the crypto sector a particular focus for rule-makers.

Banking-as-a-Service partnerships and the contractual challenges for banks

In this model, a fintech company will typically have a technology platform to provide certain financial services such as loans or transaction accounts and will have technology that allows them to provide it in an innovative way.

DLA Piper advises Fast Radius in US$1.4 billion SPAC deal with ECP Environmental Growth Opportunities Corp.

This allows engineers to design, produce and fulfill custom parts across a range of manufacturing technologies, including additive manufacturing, CNC machining and injection molding.

SEC shuts down mother-son operation involving purported supercomputer

However, says the complaint, the defendants did not actually use the money to trade securities or buy cryptocurrencies.

Legal,Regulation,Tax & Compliance