Managers of Wealth Fintech

Singapore's Sea acquires Indonesian bank to gain foothold in financial tech

Bank BKE began operations in 1992 with the primary goal of supporting the welfare of civil servants, according to its website.

Fintech companies to benefit most from SAMA open banking policy

The policy will also improve trust among all stakeholders in a financial relationship, whether banks or fintech companies

FCA sounds alarm bell over high risk cryptoassets

Consumers should be wary if they’re contacted out of the blue, pressured to invest quickly or promised returns that sound too good to be true.

Revolut files paperwork for UK banking licence

The UK banking licence will allow Revolut to provide full service current accounts with essential products such as overdrafts, loans and deposit accounts.

MAS urges Singapore consumers to replace physical notes with remote e-gifting over Lunar New year

For those who prefer giving new physical notes, five banks will implement an online reservation system for such notes.

International Data Transfers - Brexit and Schrems II: Impact for Funds

The most significant of these are the conclusion of the EU-UK Trade and Cooperation Agreement on 31 December 2020 and the European Court of Justice's "Schrems II" decision.

Effecting Legal Arrangements And Executing Documents Remotely: Have We Got The Hang Of This Yet?

One of the maxims that I preach in my role in knowledge management at a global law firm is that change is hard.

Parslows advise Jersey Post on the Fetch.je acquisition

This acquisition is very different from those that we have completed in recent times.

Trump blocked by Twitter and Facebook

Mr Trump's account now states that three of his tweets are "no longer available because [they] violated" its rules.

HSBC signs for Silent Eight fraud fighting tech

Matt Brown, group head, compliance services, HSBC, says: "Given the growth in alert volumes, and unpredictable spikes driven by global volatility, we saw an opportunity with Silent Eight that would give us the ability to close alerts quickly and accu

The UK's ban on crypto derivatives is set to go into effect on Wednesday

IG, the online trading company founded in 1974, is also winding up its crypto CFD products in light of the ban.

Jack Ma arrested? Chinese media says Alibaba founder 'embracing supervision'

Ma's disappearance has fuelled speculations that he is either arrested or placed under house arrest. China has a track record of not revealing information on arrests of big personalities, so under 'supervision' could well mean jail

Transact pulls out of race to buy Nucleus

Accordingly, IntegraFin is bound by the restrictions under Rule 2.8 of the Code.

The Job Of Tomorrow

Some jobs will disappear and others will emerge as the world faces a dual disruption

What does the provisional UK – EU trade agreement mean for personal data flows?

The Trade Agreement states that during the Additional Transition Period transfers of personal data from the EEA to the UK will not be considered transfers of personal data to a third country, and as such, will not be prohibited by the GDPR.

Singapore police arrest 230 for role in scams involving S$2.9mil

They are being investigated for the offence of cheating or money laundering.

Ant's equity investments said to be under probe by Chinese regulators

Divestments would also significantly scale back Ant's influence over the country's fast-growing fintech industry, where it has sought synergies with its existing businesses via several investments in recent years.

UK regulatory approach to cryptoassets and stablecoins: consultation and call for evidence

The government invites views from a wide range of stakeholders, and particularly firms engaged in cryptoasset or DLT activities.

Elamachain and Hybrid Bank Join Hands in Building a Decentralized Credit Rating Ecosystem, Sign Software Supply Agreement

During the period of the agreement, Elamachain shall be responsible for providing maintenance support to Hybrid Bank

Understanding Europe's Big Push to Rewrite the Digital Rulebook

The bloc is far ahead of the U.S. on internet regulation. So while the tech giants of today are (mostly) made in the USA, rules that determine how they can and can’t operate in the future are being shaped in Brussels.

Legal,Regulation,Tax & Compliance