Legislation

3Lines Venture Capital has closed the first $5m trance for its Rocket Fund, which is focused on cybersecurity and deep-tech opportunities.

Australian and American authorities are undertaking a joint international criminal investigation into cryptocurrencies.

The finance ministry in Sri Lanka has announced plans to set up a credit regulatory authority by the end of 2019.

With less than a month until the final deadline of Strong Customer Authentication (SCA), fears around preparedness are still prevalent and firms are trying to ensure there will not be a fall in payments come September 14.

CrowdStrike, a cloud provider of cloud-delivered endpoint protection has launched a $20m early-stage investment fund in partnership with Accel.

Cybersecurity Asset Management company Axonius has netted $20m in its Series B round which was led by new investor OpenView.

It has become a common occurrence that a subject (be it a legal entity or a human being) is involved in multiple aspects within an organisation. An entity which is being serviced for different products or services would usually lead to multiple records of the subject and also multiple KYC processes leading to inefficiencies and also increased risk. KYC Portal allows you to benefit of such occurrences to improve efficiencies and reduce risk exposure

Identity verification provider Onfido has been joined by FinTech companies Monese, Seedrs, Curve and B-Social in a sandbox run by the Financial Conduct Authority (FCA).

Switzerland’s Financial Market Supervisory Authority (FINMA) has issued new guidance for blockchain and cryptocurrency FinTech companies, warning them against breaking anti-money laundering (AML) laws.

Compliance automation platform Ascent has released its European Market Infrastructure Regulation (EMIR) service to its platform.