Category: RegTech

July 18, 2024

SnapLogic, the leader in generative integration, today announced a strategic partnership with Syndigo, a leading SaaS commerce data management provider, to allow enterprises to more rapidly integrate best-in-class Master Data Management (MDM), Product Information Management (PIM) and content syndication solutions […]

June 26, 2024

Non-custodial crypto asset service providers, often operating in the decentralized finance (DeFi) industry, offer services related to crypto assets without actually taking custody of the assets themselves. These crypto asset service providers represent by now a significant and growing segment […]

June 25, 2024

When brought to bear in the finance sector, this emerging technology holds great promise for improving financial crisis forecasts, enhancing risk management and economic resilience. Crucially, there is a growing body of evidence showing that AI’s ability to analyze large […]

June 3, 2024

17 Crypto License Applicants in Hong Kong Hong Kong’s Securities and Futures Commission (SFC) introduced new regulations for virtual asset trading platforms (VATPs) effective June 1. These regulations mandate that all VATPs operating in or marketing to Hong Kong investors […]

May 21, 2024

The report reveals that over the past five years, scheme and processing fees have surged by more than 30 per cent in real terms, without corresponding improvements in service quality. Mastercard and Visa cards account for 95 per cent of […]

April 10, 2024

Accreditation was supported by the Mastercard Digital Enablement Service (MDES), a single integrated platform enabling the digitation of supported Mastercard card types. MDES provides PXP Financial with a Secure Card on File tokenisation programme, a better user experience and higher […]

April 8, 2024

BaaS enables non-banking institutions to connect with banks via APIs, to offer services traditionally restricted to licensed and fully-regulated banks. While BaaS solutions offer a lot of potential, many have concerns regarding the regulatory compliance of providers and the third […]

April 4, 2024

The consultation seeks to propose a suitable approach to how the DSS is run, including its rules and fee structures, alongside a draft guidance document for potential applicants. The DSS aims to cultivate the use of emerging technologies, such as […]

March 26, 2024

The firm’s latest round, which follows an initial £37 million cash injection in January 2023, featured participation from returning investors AlixPartners, The Cynosure Group and MUFG as well as new backer Commonwealth Bank of Australia (CBA). As part of its […]

November 3, 2023

During her six-year tenure at the FCA, Fulugunya gained specialist experience in transaction reporting (MiFID II) and instrument reference data regimes as part of its markets reporting team. As well as reviewing errors and emissions, her remit for the regulator […]

August 18, 2023

In a proactive step, Innovate Finance has articulated its vision in response to HM Treasury’s recent call for strategies on refining and gauging the success of UK financial regulators’ new competitiveness objectives. This dialogue comes on the heels of the […]

March 30, 2023

On Mar. 27, the U.S. Commodity Futures Trading Commission (CFTC) charged Binance and its founder Changpeng Zhao with alleged willful evasion of federal law and operating an illegal digital assets exchange. In the 74 page complaint, the CFTC claimed that […]

March 27, 2023

Haru Invest, a leading digital asset management platform, today announced that Haru EU Limited UAB, its EU incorporated subsidiary, has become an authorized Virtual Asset Service Provider (VASP) for its EU operation based in Lithuania. As a VASP authorized business, […]

February 23, 2023

When registering with the CSA, it says crypto exchanges must have enhanced protections for the custody and segregation of crypto assets for Canadian clients and a prohibition on offering margin, credit or other forms of leverage. Platforms are also prohibited […]

February 20, 2023

The Telegraph reports that the company’s Lithuanian subsidiary PayRNet is being investigated by the country’s central bank. PayRNet secured an electronic money institution licence from the Bank of Lithuania in 2020. In a statement, the Bank of Lithuania says: “There […]

February 20, 2023

Hong Kong’s Securities and Futures Commission (SFC) calls for public feedback on its newly proposed licensing regime for cryptocurrency exchanges set to take effect from June 2023. A key consideration of the public consultation window is whether to allow licensed […]

February 17, 2023

Mueller, who has spent more than 20 years combating financial crime at financial institutions including UBS, American Express and Commerzbank, joins from Rabobank North America where he served as AML and sanctions officer for more than six years. Founded in […]

February 16, 2023

‘An Alternative Financing and Investment Platform’ The Oman financial markets regulator, the Oman Capital Market Authority, has said it plans to establish a virtual assets framework to “regulate and develop the market in the Sultanate of Oman.” According to the […]

February 8, 2023

The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a “terrible” move by the country’s regulators. Armstrong made the comments in a Feb. 9 Twitter thread which […]

February 7, 2023

Protecting Korean Security Token Investors The South Korean financial markets regulator, the Financial Services Commission (FSC), has okayed the issuance and distribution of security tokens, a report has said. According to the report, Korean investors are expected to begin trading […]