Timo Lehes Co-founder at Swarm
Regulators across the globe have been stepping up their anonucements around crypto. These developments are set in a conext of a recent liquidity cascade in crypto markets that prompted many crypto lenders and funds to freeze clients' ability to withdraw their assets. I look at three key news items in crypto regulation that emerged this week: Regul...
18 July 2022 /regulation /crypto Decentralized Finance (DeFi)
Harriet Christie Chief Operating Officer at Mirrorweb
Following a year of intense highs and lows in the crypto market, March 2022 saw speculation intensify around a White House Executive Order that was supposedly imminent. President Biden signed the document on Wednesday March 9th, in what many viewed as a potential watershed moment for the industry. Legislative upheaval is, however, a meticulous pr...
18 July 2022 /regulation /crypto Cryptocurrency Insights
Nick Green Director at Purple Patch Broking Ltd
Cost savings for fintechs have always been important but in the current economic climate and in the wake of the COVID-19 pandemic, it has become increasingly important to save costs where possible. Fintechs who can effectively save costs without impacting customer experience will have the ability to compete on price and value with competitors whil...
14 July 2022 /regulation /retail Fintech
Tareq Shaheen Director of Payment Solutions at Eastnets
ISO 20022 significantly improves the quality of data across the payments ecosystem. It offers richer, structured, meaningful data and will enable new client experiences, while improving compliance and efficiency. And 2022 will be a big year for ISO 20022 adoption. As of November, SWIFT will enable ISO 20022 messages for cross-border payments and ca...
13 July 2022 /regulation
Anusha Sivaramakrishnan Consulting Partner at TCS
SEC Money Market Funds Regulation A perspective on the implications and challenges for the firms Overview The SEC has proposed key reforms to the regulatory framework governing the money market funds from 2016, which consists of amendments to Rule 2a-7 under the Investment co
13 July 2022 /regulation Capital Market Technology
Anna Monteiro Global Head of Business and Product Development at www.solutions-atlantic.com
Being that the UEFA Women’s Euro 2022 tournament is underway and Wimbledon has come to a close, I’ll devote this foreign direct investment roundup to the region. Plus, there have been quite a few announcements during Q2 so let’s get started. In Belgium, the government there has drafted legislation to establish a framework to screen foreign direct ...
12 July 2022 /regulation /markets Financial Services Regulation
Prakash Pattni MD, Financial Services Digital Transformation at IBM Cloud
As London Fintech Week kicks off today, we are reminded of the important role the city plays in the global fintech industry. In fact, the UK fintech sector – much of it centred in London - has been going through something of a golden age in recent years, and the figures back this up. The UK registered a record year in annual fintech investment in ...
11 July 2022 /regulation /startups Innovation in Financial Services
Steve Morgan Banking Industry Market Lead at Pegasystems
It is not just interest rate changes and inflation banks have had to contend with so far this year – ensuring Know Your Customer compliance is up to date has had to be a key focus. Since the invasion of Ukraine on 24 February 2022, in just four months, there have been eight updates to the UK government’s guidance on the UK’s sanctions regime relat...
05 July 2022 /payments /regulation Digital Bank Transformation
John Bertrand MD at Tec 8 Limited
Scammers are after your money in your bank account and the latest UKFinance Fraud Report 2022* generated newspaper headlines below: “Britain is £3bn fraud capital of the world: Probe reveals 40m Britons have been targeted by scammers this year... but just 2% of our police are investigating the crime plague”** In fairness, bank fraud – Credit Cards,...
05 July 2022 /regulation /crime Innovation in Financial Services
Nish Kotecha Co-Founder & Chairman at Finboot
ABBA, one of the most successful bands in history performed in London recently. Agnetha, Björn, Benny and Anni-Frid looked real, authentic and amazing for their years. The crowds loved it. Regrettably, the singers were holograms created with weeks of performing on a stage in Stockholm, in front of hundreds of cameras collecting their every movemen...
05 July 2022 /regulation /crime Banking Regulations
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