FinTech
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
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...
Regulation of Banking Activities in France
The main laws governing banking in France include the Monetary & Financial Code, the Finance Act & Banking Act. It’s worth pointing out that the Finance Act applies not only to investment entities, but also...
Hong Kong - Financial Market Regulation
Licensed individuals providing financial services in HK SAR are required to do so as per a special code of conduct. Those seeking to obtain a financial services license in HK
Belgian Fintech is gaining momentum
In recent years, the startup ecosystem in Belgium is gaining momentum. There is also a noticeable increase in the provision of fintech deals. The country is now considered one of the leaders in Europe in...
What's new in crypto regulation in Southeast Asia?
Recent changes in cryptocurrency regulation show that Southeast Asia is focused on the security of operations in the cryptocurrency market and compliance with AM / CFT rules. Regulators of the countries
Cryptocurrency, Utility and Security Tokens Explained
Tokens is still a new concept that is quite difficult to understand by many. How to distinguish between their functionality? There is too much confusion about it. And this is normal. In our
Regulation of Cryptocurrency Derivative Market in the Republic of Singapore
According to the recent statement released by the MAS, Singapore’s main financial regulator, the organization will be overseeing contracts in which payment tokens will be used as underlying assets. The supervisor will be
Utility Tokens Explained
Utility tokens , also known as product tokens, or user tokens , are digital assets that give its owners access to network services and products. Unlike security tokens, utility
Hong Kong Financial Sector In Brief
Banking in Hong Kong is flourishing, and mostly due to the sound and well-organized regulation framework. The Hong Kong Monetary Authority (HKMA) oversees and regulates financial institutions. The Securities and Futures Commission (SFC) supervises securities...
Great Kickoff and First Licensed Cryptocurrency Fund in Hong Kong
The first virtual currency trading license was recently issued in Hong Kong . Venture Smart Asia has launched its own cryptocurrency fund here, which buys and tracks Bitcoin prices.
How
Cryptocurrency Regulation in the State of Portugal
There are no specific laws in Portugal regarding virtual assets, cryptocurrency exchanges, e-wallets & virtual asset operators. However, that doesn’t necessarily mean that there’s no regulation in the market of virtual assets. Panning on starting...
Our telegram channel
