RegTech IntelligenceThe UK Treasury’s fired a warning shot across the bow of digital assets businesses yesterday. The proposed regime will be a significant challenge for the current exchanges and digital asset firms who do not have access to institutional-grade RegTech solutions. With so much at stake, it is essential that those affected understand what impact these
Advances in digitalisation in recent years have made an impact on all areas of life and the payment sector is no exception. Use of cash has been in decline for years, a trend was only accelerated by the Covid-19 pandemic. With the majority of commerce no longer dependent upon cash, it’s no surprise that both
The last eight months have borne witness to a lot of regulatory to-ing and fro-ing about the jurisdictional parameters of cryptoasset regulation. What has become clear to the industry and hopefully to some of the US politicians in particular over this time, is that there are far too many unnecessarily grey areas overall in
L’Autorité des Marchés Financiers (AMF), France’s financial markets regulator, has created a Data and Surveillance Directorate as part of a wider reorganisation announced earlier this month. Its establishment comes as a handful of regulators pursue digital realignment programmes, but the AMF appears to be ahead of the pack in establishing a new division, building data
JWG analysis. While the significant reforms of MiFID II, the BRRD, the SRM and the DGS stole the limelight on ‘Super Tuesday’, other significant legislation also made its way through Parliament. The following reforms highlight Parliament’s move to solidify consumer protection within the wider European market. These reforms, the BAD, PRIIPs KID and UCITS V