Latest Reporting/compliance News: Finextra Research

CFTC calls for US crypto regulatory sandbox

On Thursday, Commodity Futures Trading Commission (CFTC) commissioner Caroline Pham advocated for a limited pilot program for digital asset regulation in the US.

08 September 2023

Company update/regulation

CFTC issues orders against 3 DeFi operators for illegal derivatives trading

The Commodity Futures Trading Commission today continued its enforcement focus in the digital asset decentralized finance (DeFi) space, by issuing orders simultaneously filing and settling charges against Opyn, Inc., a Delaware-registered company based in California; ZeroEx, Inc., a Delaware company based in California; and Deridex, Inc., a Delaware company based in North Carolina.

08 September 2023

Company update/regulation

TaxBit unveils AI-enabled rules engine for crypto accounting

TaxBit, the premier end-to-end modern tax and accounting solution for the digital economy, announced its AI-enabled rules engine to empower businesses dealing with cryptocurrencies to streamline their accounting processes.

08 September 2023

News/crime

Germany faces €206 billion in cybercrime and digital theft costs - Bitkom

Losses resulting from stolen IT equipment and data, as well as digital and industrial espionage will cost Germany €206 billion in 2023, reveals a survey conducted by digital association Bitkom.

01 September 2023

News/crypto

Crypto industry reacts as FATF Travel Rule comes into effect

From today, the UK will enforce new anti-money laundering rules for crypto as set out by the Financial Action Task Force (FATF).

01 September 2023

News/regulation

FCA to conduct fair value assessments to ensure consumer savings deals

The Financial Conduct Authority (FCA) has assessed 9 firms on their savings products following concerns of unfair saving deals for consumers.

01 September 2023

Company update/wealth

Charles River wins Thai pension fund mandate

Charles River® Development, a State Street company, announced that Thailand’s Government Pension Fund (GPF), one of Thailand’s largest pension funds with more than 1.2 million members, has selected the Charles River Investment Management Solution (Charles River IMS) to modernise their front office operations and manage their domestic and international equity, fixed income and multi-asset portfolios.

30 August 2023

Company update/wealth

Altum Group implements RiskScreen's KYC platform

Altum Group, a leading international provider of Fund, Corporate and Family Office Solutions, has successfully completed the implementation of RiskScreen's groundbreaking KYC platform.

21 August 2023

Company update/regulation

PSR launches consultations ahead of incoming APP fraud rules

The Payment Systems Regulator (PSR) has launched two consultations in the lead up to the implementation of its new authorised push payment (APP) fraud reimbursement requirements.

18 August 2023

News/crypto

Survey suggests industry divided on CBDCs

The majority of finance professionals do not support the launch of central banking digital currencies (CBDCs) according to recently published research.

17 August 2023

Company update/crime

Money.co.uk reveals Brits lost £593 million through fraud in Q2 2023

New figures released in the updated 2023 Fraud Report from the credit card experts at money.co.uk, which analyses police figures to reveal where in the UK has seen the biggest rise in fraud and cyber crime, show that reports of fraudulent attacks have increased yet again.

04 August 2023

News/sustainable

Fintech and sustainability at the heart of UK and Singapore’s Financial Dialogue

HM Treasury and the Monetary Authority of Singapore (MAS) held the eighth UK-Singapore Financial Dialogue in London yesterday, discussing further collaboration in sustainable finance and fintech.

28 July 2023

News/crime

FTX sues Sam Bankman-Fried for $1bn

The former boss of failed crypto exchange FTX, Sam Bankman-Fried, is facing a $1bn lawsuit from the company he founded.

21 July 2023

News/markets

Barclays RepoHack 2023 seeks industry ‘buy-in’ to re-shape post-trade repos

Barclays today opened registrations for the Barclays RepoHack 2023, an industry hackathon that will set market participants the challenge of building novel solutions for repo post-trade services.

12 July 2023

Company update/regulation

Acadia responds to EBA's new Regulatory Technical Standards

Acadia, a leading industry provider of integrated risk management services for the derivatives community, today offers its thoughts on the European Banking Authority (EBA) publishing its finalized Regulatory Technical Standards (RTS) on Initial Margin Model Validation.

07 July 2023

News/sustainable

AFME outlines concerns in upcoming CS3D regulation in paper

The Association for Financial Markets in Europe (AFME) released a report this week on the outstanding concerns within the Corporate Sustainability Due Diligence Directive (CS3D).

07 July 2023

Research/Reporting/complianceWhite Paper

Can FIs lead the World's ESG charge with Pioneering and Transparent Data Visualisation?

30 June 2023 336 downloads

News/crypto

Shares secures licence for EU trading, aims to be ‘Louis Vuitton’ of trading apps

French social trading app, Shares, has announced it has become the first fintech in the country to secure both crypto registration (PSAN) and a stock trading licence as an investment company (PSI- Entreprise d’Investissement).

29 June 2023

News/startups

Lithuania publishes national fintech guidelines

Lithuania has issued a five-point, five-year plan for its fintech sector as part of its ambition to become one of the EU's leading hubs in the space.

29 June 2023

News/crypto

Bitpanda crypto exchange spins out with €30m funding

Digital asset exchange Bitpanda Pro has spun out from its parent company and raised €30 million in a funding round led by Peter Thiel’s Valar Ventures.

29 June 2023