FinTech
Cryptocurrencies and Blockchain in Austria
Austria is quite loyal to blockchain and cryptocurrencies. Crypto assets or transactions with them, as well as the blockchain in Austria , are currently not regulated by any special legal framework. Moreover,
Cryptoassets in Turkey
There aren’t any specific laws governing concluding cryptoasset deals in Turkey. However, the local government is keeping a close eye on cryptocurrency activities; therefore, registering a cryptocurrency business in Turkey requires an in-depth
Cryptocurrency Regulation in Estonia
Following the Danske Bank money-laundering scandal, Estonian fiscal authorities & legislators are now tightening the country’s AML laws & regulations. As a result, an upwards of 400 cryptocurrency companies were stripped of their
Acquisition of Banks in Austria
The Austrian Republic is known for its developed financial sector. In addition, the country actively attracts foreign investments, which is also the reason why businessmen from all over the world decide to
Cryptocurrency Regulation in India
Considering starting a cryptocurrency business in India ? Looking for information on the key aspects of cryptocurrency regulation in India ? Look no further because all the answers are in our
Regulation of Cryptoassets in Japan
Japan has held top spots in the rankings of the most developed countries for many years. Because the country is also a leader in the field of IT development & cryptocurrency trade, businessmen
Licensing in Spain
Starting a business in Spain requires obtaining special permits & going through a verification process. Let’s see what other requirements potential investors will have to comply with to be able to
Private Banking & AML in Great Britain
Great Britain is known for its rigorous implementation of AML policies. Undertaking financial activities in the UK requires an indepth knowledge of the country’s numerous AML requirements, including regulations, laws & procedures. And
New in Fintech Regulation in India
If you intend to register a Fintech company in India, this material may be in handy to you, as it addresses new regulatory issues in this country. In recent years, the merger of finance and...
Types of Private Banking Contracts in Monaco
Considered Europe’s major business hub, Monaco traditionally attracts hosts of entrepreneurs wishing to render financial services in the EU . There’s a good chance that you’re one of them and are now
Open Banking in Turkey
Planning on undertaking financial activities in Turkey ? If you are, then you definitely need to know about open banking in Turkey and how it is used by Turkey-registered companies .
Private Banking & AML in Liechtenstein
Those planning on carrying out financial activities in Liechtenstein should pay particular attention to ensuring their business’ transparency & compliance with AML rules. This article describes the key AML requirements
Crypto-Asset Litigation
If you intend to start crypto activities in the EU, UK, or USA, it should be borne in mind that cases of manipulation and fraudulent schemes using crypto assets have become more frequent these days....
Private Banking and AML in Monaco
In recent years, many governments have spoken out in support of business transparency and have introduced anti-money laundering (AML) and financial crime prevention legislation. Banks and other financial institutions that issue credit or
New Zealand’s Fintech Regulation
Thanks to comprehensive government support, New Zealand’s fintech sector is developing at a rapid pace. Considering starting a business in New Zealand & looking for information on the key aspects of
France to Take AML Compliance Seriously
The European Commission made the implementation of the AML directives a priority. The EU member-states are now to enact tighter rules to counter dirty-money risks in all areas, including prepaid cards and cryptocurrency exchanges. However,...
Overview of Changes in Fintech Regulation in Malta & the EU
The EU & Malta are expending a great deal of effort to achieve their main goal, which is to become undisputed fintech leaders. If you’re a foreign investor, establishing a fintech company in the EU...
Tightening Rules for Crypto Firms in the UK
Since the beginning of this year, the Financial Conduct Authority (FCA) has overseen the AML / CTF policy of UK crypto companies under MLR.
The FCA has recently reminded firms
Licensing in New Zealand
Nowadays, profit can be made not only from the sale of goods or services under a well-known brand, but also by allowing other market players to use the trademark through licensing. That is why licensing...
Fintech Regulation in Vietnam
Fintech has been behind explosive growth in a whole range of financial services lately. However, areas where fintech is causing massive changes aren’t really numerous: the bulk of the financing (nearly 100%) goes
Post-Crisis Banking Regulation in Lebanon
Lebanon's once steadily growing banking system faced a crisis late last year. The problems that began in the macroeconomic sphere were gradually transferred to the country's banking sector.
In this article, we
French Specifics of Licensing
Foreign investors who are willing to develop a business in France must first obtain special licenses in France. These licenses are mainly related to the protection of intellectual property rights. At the same time, individual...
Cryptocurrency regulation in the UK
The recently published report entitled "The Legal Status of Cryptoassets & Smart Contracts" defines the legal status of cryptocurrencies, specifying an asset class they belong to & clarifying the laws applicable to them.
New Bank Supervision Mechanism in Ireland
In this post, we offer a brief overview of the mechanisms that govern the Irish banking sector. This topic is relevant for those who wish to obtain a financial license in Ireland. Key regulators Ireland's...
Licensing
You are no doubt aware of the fact that being involved in different types of financial activities requires getting a license , now are you? The list of those activities is quite
Overview of Cryptocurrency Legislation in Canada
Modern technology, and more specifically DLT, could potentially render provision of financial services more efficient. The Canadian government's position (including that of the country’s regulatory bodies) on cryptocurrencies is that there should be a balanced...
Financial Services Regulation in the Netherlands
If you’re planning on starting a business in the EU , why not do it in the Netherlands? Registering a financial company in Holland is a multi-stage process which requires
Crypto-Assets Regulation in Cyprus
Global practice doesn’t provide a single answer to the question of how crypto-assets and other rights in the field of digital technologies and distributed registries should be regulated. Many governments are concerned about
Updated Crowdfunding Regulation in Nigeria
The US Securities and Exchange Commission (SEC) has recently released and made public the new Crowdfunding Rules. It is assumed that now crowdfunding platforms in the United States, as well as located on the territory...
Blockchain Technology in Shipping
Digitization is the main driver of change in today’s world. In not too distant future, it will cause many industries, including the shipping one, to undergo major transformations. Right now, we are witnessing breathtaking developments...
Blockchain & Smart Contracts
Everyone who has at least some basic idea of what blockchain and cryptocurrencies are is bound to have heard about smart contracts. Given the increasing number of entrepreneurs seeking to register a
How to Obtain a Financial License in Austria
Austria has a stable financial system, a balanced budget, an efficient economy, and a high level of wealth.
The state and regulatory policy of the country in the banking sector is
Legal Framework for Banking in Germany
The banking sector in Germany is regulated by three laws: On Banking, On Trading in Securities and the Civil Code. The latter regulates the relationship between financial institutions and their customers. German banks are supervised...
Fintech Regulation in Japan
Over the past several years, Japan’s financial sector has been making major strides in fintech innovation, with undisputed leaders here being cryptoasset service providers, cash-free payment services, robo-advisors & crowdfunders. So, let’s take
A Closer Look at Digital Finance in Ireland
Ireland has become one of the key places not only in Europe but also in the world where fintech companies have settled. If you plan to establish a fintech company in Ireland
Digital Business in Belgium
Currently, the two most popular digital areas in which you can open a business in Belgium include the sharing economy & mobile commerce (or m-commerce). The sharing economy is based on such platforms as Airbnb,...
LLC Insolvency in the UK
Everyone who has ever encountered entrepreneurial activity knows that closing a company is much more difficult than opening it. Company closure in the UK is a voluminous complex of tasks that requires a lot of...
Nigeria - Open Banking Concept
Open banking in the Republic of Nigeria still has a long way to go before it reaches full maturity. As a rule, parties to an open banking agreement in Nigeria include a consumer, consumer bank...
Fintech in Indonesia
In general, the fintech industry in Indonesia is showing a positive trend. There is a progressive implementation of innovative technologies in the field of finance and the volume of operations is
UK Regulator Tightening Control Over Fintech Sector
Conclusion of fintech deals in Great Britain involves participation of a large number of consumers & innovative firms. Over the recent years, UK fintech regulators have tightened control over this sector, justifying it by the...
