Seven US states and a fee-only financial planning platform are suing the US Securities and Exchange Commission for enacting an investment-advice rule that falls short of its statutory obligations and gives broker-dealers an unfair competitive advantage over investment advisors. All this comes in the aftermath of the defeat of the Department of Labour's Fiduciary Rule in the courts last year.
Further to the transitory provision set out in Article 62 Virtual Financial Assets Act 2018 (Chapter 590 of the Laws of Malta), any persons wishing to continue providing virtual financial asset services after the expiry of the transitory period will have to begin to apply for VFA Services Licences in accordance with R3-2.1.2.2 of Chapter 3 of the Virtual Financial Assets Rulebook by 31 October.
ComplyAdvantage, the RegTech company that uses machine learning to offset the likelihood of financial crimes occurring at financial institutions, has made its first foray into the Asia-Pacific region, having already opened offices in the United Kingdom, the United States and Romania.
The Financial Services Agency has published an account of its assessments and strategic priorities for the coming year.
Seven US states and a fee-only financial planning platform are suing the US Securities and Exchange Commission for enacting an investment-advice rule that falls short of its statutory obligations and gives broke...
One would be forgiven for thinking, in today's increasingly interconnected digital world, that data transcends borders. This is probably not going to be entirely the case if Britain crashes out of the European U...
In this article we summarise the new rules for non-Swiss financial service providers, their client advisors outside Switzerland who provide cross-border financial services for Swiss customers and non-Swiss creat...
The Isle of Man's financial regulator has published a discussion paper in which it says that it wants the Government to change the law to give it more powers. ...
The Institute of International Finance has defined RegTech as the use of new IT to meet compliance and regulatory requirements more efficiently. RegTech involves the use of IT to make regulations more stringent ...
Further to the transitory provision set out in Article 62 Virtual Financial Assets Act 2018 (Chapter 590 of the Laws of Malta), any persons wishing to continue providing virtual financial asset services after th...
ComplyAdvantage, the RegTech company that uses machine learning to offset the likelihood of financial crimes occurring at financial institutions, has made its first foray into the Asia-Pacific region, having alr...
The Financial Services Agency has published an account of its assessments and strategic priorities for the coming year. ...
Two US federal financial agencies - the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency - have approved the text of a watered-down version of the so-called Volcker Rule. T...
The Cayman Islands' equivalent of the European Union's General Data Protection Regulation promises individuals control over their personal data and protection against its misuse in both public and private sector...