Managers of Wealth Fintech

EU court voids data-sharing pact with US over snooping fears

National regulators have been urged to step up to protect users’ privacy.

CP86 compliance: can you prove it?

Strong governance is undoubtedly in the fund industry’s best interest; few would argue otherwise.

Apple wins landmark court battle with EU over €14.3bn of tax payments

Judges annul ruling by European Commission in blow to competition commissioner Margrethe Vestager

AWS and HSBC Reach Long-Term Strategic Cloud Agreement

One of the world’s largest financial services organizations collaborates with AWS to deliver new products, enhance customer experiences, and drive digital transformation

Covid-19 creates numerous use cases for the Internet of Things but… Are they legal?

To control any exponential spread of Covid-19, the solution is understanding where, how long, and who are symptomatic people congregate.

Sky faces costs burden after bad faith trade mark registrations

The costs order was imposed by the High Court in London in part to sanction Sky for partially registering trade marks in bad faith.

Spying claims are latest twist in Germany's Wirecard thriller

The information allegedly fuelled the FPOe's mistrust of its then coalition partner, culminating in controversial police raids of the intelligence services in 2018.

Nomura and Wolfe Research Announce Strategic Alliance

Nomura’s capital markets business will have access to Wolfe’s deep, longterm relationships with corporate issuers and robust corporate access program, and Wolfe’s clients will benefit from access to Nomura’s capital markets experti

Singapore Fintech Association and AMTD forge collaboration pact

Speaking on the announcement, Chia Hock Lai, President of SFA commented, “As Singapore’s FinTech ecosystem continues to grow and mature, SFA strives to collaborate with strong ecosystem players to empower our FinTech community.

FCA statement on EIOPA guidelines on outsourcing to cloud service providers

We will keep this guidance under review and, where appropriate, consult to update this to ensure it remains consistent with relevant international standards.

BSP ready to work with German regulators

Diokno has assured the local markets previously that the two local banks tagged in the Wirecard scandal

KWM empowers graduates to lead tech transformation

The firm's 2020 graduates attend "digital boot camps" to learn of new legal technologies and then advise senior staff in their practice groups on their adoption.

Appleby Offshore Data Protection Guide

The team works frequently with local government, regulators and industry bodies to develop responses to the challenges of globalisation and regulation, with a focus on producing effective solutions for clients.

HSBC Glitch Causes Wrong Names On Thousands Of SMB Loans

The bank has been writing to customers who accepted the loans in their own names in order to make changes.

corfinancial inks partnership with technology consultancy

the software gives managers freedom within a framework to construct and manage portfolios in the context of risk, policy and mandate, so they achieve suitability whilst delivering control and transparency to management.

16 Banks Announce Initiative to Digitalise Payments Across EU

The implementation phase is expected to begin in the coming weeks through the creation of an interim company in Brussels.

Wirecard Probe Expands with Arrest of Head of Dubai-Based Subsidiary

Wirecard filed for insolvency last month owing creditors 4 billion euros ($4.5 billion) after disclosing a 1.9 billion euro hole in its accounts that its auditor EY said was the result of a sophisticated global fraud.

'We must bow out with pride' - VBS boss Tshifhiwa Matodzi

It took more than two years for the first identifiably suspicious transactions to emerge before VBS devolved into a Ponzi scheme and ultimately collapsed in March 2018.

Banking.Systems partners with PaymentComponents for Open Banking

This partnership allows for NexorONE®, the online banking software solution provided by Banking.Systems®, to integrate with PaymentComponents’s pioneering Open Banking API Management platform, aplonAPI™.

Lack of standardization hurts banks’ ability to secure new identity verification tech, says expert

"Banks and financial institutions in Canada need to adhere to multiple standards and find the appropriate technology for each use case, while also understanding the risk level of each threat,” Magrath explained.

Legal,Regulation,Tax & Compliance