Following the entry into force of MiFID II on 3 January 2018, ESMA has reviewed the guidelines in order to establish whether, in the context of the new legislative framework, they need to be amended or repealed.
Over the past ten years, regulators across the US, Europe, APAC and the Middle East have levied nearly $26 billion dollars in financial penalties against financial institutions for AML/KYC and sanctions-related violations.
Work on these Principles will be ongoing; following the webinar, the IRTA has issued a ‘Call for Input’ to gather feedback from RegTech stakeholders around the globe and will publish a second iteration in March 2019.
In the recent hacking case, about ¥7 billion worth of cryptocurrencies were stolen from an exchange run by Tech Bureau Corp., an Osaka-based startup.
To ensure that blockchain-related projects can remain fully functional within the country, the Swiss Bankers Association (SBA) has released a new set of guidelines on September 21 that intend to bolster the availability of financial services to cryptocurr
“Newton’s selection of Eagle Accounting, following an extensive evaluation process, is testament to the quality of our investment accounting capabilities as well as that of our team,” said Mal Cullen, CEO for Eagle.
In a report by the South China Morning Post, Damien Pang, head of technology infrastructure office at the MAS said that the organization aims to regulate the use of blockchain rather than the technology platform itself.