financial services

LAWSKY

Former regulator turns Bitcoin tech advocate

14/04/2016(0)
Former New York state financial services chief Benjamin Lawsky may have taken a harsh view of virtual currency as a regulator, but he has begun to stump for the technology ... Read More
FCA-logo

FCA UK warns for an unauthorised firm

14/04/2016(0)
FCA has issued warnings to inform investors and public regarding a firm that FCA believes that has been providing financial services or products in the UK without the FCA’s ... Read More
Monetary-Authority-of-Singapore

The Monetary Authority of Singapore has issued a Monetary Policy Statement

14/04/2016(0)
INTRODUCTION 1.   In October 2015, MAS kept the Singapore dollar nominal effective exchange rate (S$NEER) policy band on a modest and gradual appreciation path, but reduced its rate of appreciation ... Read More
ASIC_regulator

Fintech regulation has been a key agenda item at recent meetings of peak financial regulators

11/04/2016(0)
The Australian Securities and Investments Commission is talking to the Monetary Authority of Singapore about an agreement to ensure that regulation does not hinder the progress of fintech start-ups looking ... Read More
robo-advise

The Rise of Robo-Advisors: Robo-advisor firm raises $100 Million in Funding

31/03/2016(0)
If there was any doubt about the future of robo-advisors, the latest announcement from online advisor Betterment may quash it: The company says it has raised $100 million from investors ... Read More
FCA-logo

Overall complaints fell by 1.4%, driven by a reduction in complaints related to current accounts and savings accounts. PPI complaints rise

31/03/2016(0)
Financial services firms received 2.11 million new complaints between July and December 2015, according to new complaints data published today by the Financial Conduct Authority. Overall, there was a ... Read More
Blockchain

PwC Report: Blockchain a ‘Once in a Generation’ Opportunity for Financial Services

30/03/2016(0)
Blockchain marks the next “jump” in business process/optimization technology, according to a newly-released PriceWaterhouseCoopers (PwC) report on fintech. The report, “Blurred lines: How FinTech is shaping Financial Services,” compares blockchain to Enterprise Resource ... Read More
FSC Mauritius logo

FSC issues Public Notice – Revocation of the Licences of FX Primus Limited

30/03/2016(0)
Revocation of the Investment Dealer (Currency Derivatives Segment) Licence, Investment Dealer (Full Service Dealer excluding Underwriting) Licence and Category 1 Global Business Licence of FX Primus Limited (‘FXP’) The ... Read More
PwC-building

‘Perfect Storm’ of events dampens optimism among financial services firms – CBI/PwC

29/03/2016(0)
Optimism among firms in the financial services sector has fallen at the fastest rate since 2011, according to the latest CBI/PwC Financial Services Survey. The quarterly survey of 104 ... Read More
deloitte-1

Deloitte Predicts Rise in Blockchain-Based Payments

22/03/2016(0)
Deloitte’s Center for Financial Services has released a report forecasting transformation of the banking industry over the coming decade due to disruptive technology. The Banking Industry Outlookreport estimates that blockchain-based payment systems ... Read More
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