Elite Insurance Company enters administration
The courts of Gibraltar has placed Elite Insurance Company into administration.
FinTech Fincera’s CEO detained by Chinese police for suspected financial crime
Li Yonghui, the chairman and CEO of New York-listed FinTech firm Fincera, has been detained by Chinese police under suspicion of illegally accepting public funds.
ESMA asks for NCAs to improve suspicious transaction reporting
The European Securities and Markets Authority (ESMA) has called for national competent authorities (NCA) to do more on suspicious transaction reporting.
What do financial firms get wrong with the Senior Managers & Certification Regime?
The UK rules for ensuring accountability among financial services firms are not always easy to follow.
Banking FinTech solarisBank push into cryptocurrencies with the launch of subsidiary solaris Digital Assets
German tech company solarisBank has unveiled its new subsidiary solaris Digital Assets, to strengthen its grip on the digital assets market.
Why Klarna is picking a fight with the Swedish government
The Swedish government has proposed new e-commerce regulations and Klarna is not happy about them.
FCA extends law making senior managers responsible for bad behaviour to include 47,000 firms
The Senior Managers and Certification Regime (SM&CR) was set up in 2016 to ensure accountability among financial services.
Libra faces another setback as EU’s finance ministers take hard line against private digital...
Libra has faced pushback from lawmakers across the world ever since Facebook announced the cryptocurrency project this summer.
US authorities put $5m bounty on Russian hackers behind cyber attacks in 40 countries
Hackers who stole tens of millions using the trojan malware Zeus from victims including Bank of America, Key Bank and GenLabs have a price on their head.
Five steps to boost compliance for video conference recording in financial services
RegTech startup Theta Lake has written a new whitepaper named 5 Compliance Steps for Video Conference Recording in Financial Services.
