MAS launches $1.25m FinTech innovation challenge to help tackle COVID-19 fallout
The MAS Global FinTech Innovation Challenge is a new Singapore-based $1.25m innitative that seeks out innovative solutions that can help tackle the effects of the coronavirus and climate change.
MirrorWeb picked for the prestigious Microsoft ScaleUp programme
UK RegTech MirrorWeb has beaten the odds by being among the fewer than 2% of applicants to have been selected for the Microsoft ScaleUp programme.
European Central Bank warns that cryptocurrencies like Libra could pose a major risk for...
It seems as if the Libra Association has ramped up its efforts to get Libra off the launchpad. However, now the European Central Bank has published a research paper warning that stablecoins like Libra could badly impact the markets.
ESMA tightens the rules for asset managers
The EU’s securities markets regulator has published new guidance for asset managers to reduce the risk of regulatory arbitrage and ensure equal levels of investor protection throughout Europe.
Ares Management to pay $1m for allegedly breaking rules about misuse of material nonpublic...
From: RegTech Analyst Los Angeles-based private equity firm Ares Management has been forced by the Securities and Exchange Commission (SEC) pay $1m to settle...
BitClave forced to pay back $25.5m from unregistered initial coin offering to investors
Blockchain services company BitClave has agreed to pay back the proceeds of its unregistered initial coin offering (ICO) and settling charges brought on by the Securities and Exchange Commission (SEC).
ESMA wants feedback about proposed cloud outsourcing guidelines for financial firms
Outsourcing can have huge advantages for financial firms, but the rules about how to get it right must be clear, which is why the EU’s securities markets regulator is now asking the industry players for advice.
FCA confirms guidance for insurance firms on assessing product value
The Financial Conduct Authority (FCA) is today confirming guidance for insurance firms to consider the impact of coronavirus on the value of their insurance products.
FCA bans Cypriot firms that used unauthorised celebrity endorsements in a bitcoin scam
From: RegTech Analyst The UK's tops financial markets watchdog has come down hard on four Cypriot investment firms for using unauthorised celebrity endorsements on social...
ESMA shuts down Brexit collaboration group
The EU securities markets regulator is about to finalise the work of the Supervisory Coordination Network (SCN), an initiative instigated by the UK's withdrawal from the international collaboration.
© FinTech Global © Copyright 2024. All rights reserved.
