Search Results for: collective investment schemes

September 12, 2017 @ 11:22 am By JD Alois  |  

The Financial Conduct Authority (FCA) has issued a consumer warning regarding Initial Coin Offerings (ICOs). The FCA’s actions are similar to multiple national jurisdictions that have published warnings, or in the case of China – simply shut them down altogether. As for whether or not… Read More

June 7, 2017 @ 2:07 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has published a consultation on the regulation of Robo-Advisors or “Digital Advisory Services.” The consultation will close on July 7, 2017. The MAS proposal seeks to support innovation in financial services by recognising the unique characteristics of digital platforms…. Read More

July 25, 2016 @ 1:46 pm By JD Alois  |  

Gillian Roche-Saunders, is a partner at the law firm of Bates, Wells & Braithwaite in London.  She is a leading regulatory consultant in the Fintech sector having been engaged in alternative finance for the past five years – before the FCA jumped in to officially… Read More

May 3, 2016 @ 11:44 pm By JD Alois  |  

The “Memorandum of Cooperation on the Establishment and Implementation of the Asia Region Funds Passport”, has now been signed by Australia, New Zealand, South Korea and Japan. Countries yet to sign include Thailand,Singapore and the Philippines. The “MOC” has been called “the most far-reaching multilateral… Read More

June 26, 2014 @ 7:17 am By JD Alois  |  

ShareIn Provides Equity Investment from £40,000 to £1m for UK Companies. UK based ShareIn, an investment crowdfunding company launched in 2012, has been authorised by the Financial Conduct Authority (FCA) to operate its equity based platform into the wider UK private investor market. Simultaneously the company… Read More

April 16, 2014 @ 9:31 am By JD Alois  |  

Equity crowdfunding platform Crowdcube has  been supportive of the new Financial Conduct Authority’s (FCA) regulatory approach to crowdfunding.  There is a fine line to walk in applying regulations to a new, emerging industry.  Any student of the political process will be able to site examples… Read More

October 24, 2013 @ 8:59 am By JD Alois  |  

Consumers who want to invest in small or start-up businesses via crowdfunding platforms will receive clearer information about the business in which they are investing, under proposed new rules published today by the Financial Conduct Authority (FCA). The changes relate peer-to-peer lending and equity investment… Read More

March 24, 2025 @ 11:03 pm By Tony Zerucha  |  

Fintech is one of the best-funded sectors for female-led startups, research from Tracxn suggests. The global tech sector has over 69,000 women-founded tech companies, which have collectively raised $309 billion in funding to date. Despite a peak in 2021, when these companies secured $65 billion,… Read More

March 17, 2025 @ 10:06 pm By Omar Faridi  |  

World, the human-centered financial and identity network, is now available in Thailand. Thais can get their World ID verified at a number of World Spaces throughout Bangkok, with more locations “slated to open throughout 2025.” With the second-highest GDP in Southeast Asia, Thailand is “one… Read More

January 26, 2025 @ 6:58 pm By Omar Faridi  |  

Consumers should remain vigilant against romance fraud, which continues to harm unsuspecting individuals each month, according to Bank of Ireland. The bank emphasizes the importance of staying cautious and not allowing emotions to override financial judgment. Romance fraud involves scammers creating false identities to build… Read More

January 15, 2025 @ 1:15 am By Tony Zerucha  |  

This week, the United Kingdom governmental organization Open Banking Limited celebrated the seventh anniversary of PSD2 and the creation of open banking. Open Banking Limited is the implementation entity described in a Competitions and Market Authority Order. It created an open banking standard and industry… Read More

January 11, 2025 @ 11:19 am By Tony Zerucha  |  

As Bitcoin’s price surges, it is attracting more thieves. According to the FBI, in 2022, crypto scams resulted in north of $2.57 billion in losses. The average victim lost $54,000. The increasing intersection of cryptocurrency popularity and evolving fraud tactics highlights the critical need for… Read More

December 27, 2023 @ 8:58 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) is launching a new framework for Notified Professional Investor Funds (NPIFs). The framework provides for “an additional fund structure in Malta that benefits from an appropriately streamlined onboarding process and complements other existing fund frameworks.” The MFSA is launching… Read More

December 26, 2023 @ 9:13 am By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension providers, has signed an open letter urgently “calling for more asset managers to offer pass-through voting on pooled funds.” Collectively representing pension schemes, endowments and wealth managers stewarding approximately £250bn assets under… Read More

October 4, 2023 @ 9:18 pm By Omar Faridi  |  

Coin Metrics has provided a data-driven look at the most “important” developments that have significantly impacted the digital assets industry from Q3 2023. With Q3 in the books, Coin Metrics reflects on the notable developments and trends shaping digital asset markets as we transition “into… Read More

September 29, 2021 @ 7:27 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA), the entity that represents state and provincial securities regulators, has distributed its annual Enforcement Report. In a public statement, NASAA said there have been a growing number of investigations and enforcement actions involving, precious metals, self directed IRAs,… Read More

May 14, 2021 @ 12:37 am By Omar Faridi  |  

Global financial infrastructure provider, Banking Circle, has reportedly joined the P27 Nordic payment initiative as a “front-runner” bank in developing “bulk-clearing” for the Danish Krone, “underlining its commitment to building a global payments infrastructure.” P27 has been recognized as an important initiative to address the… Read More

March 5, 2021 @ 12:44 pm By JD Alois  |  

John David McAfee, a well-known crypto proponent and founder of the McAfee antivirus firm, has been indicted in Federal court for fraud and money laundering. According to the United States Attorney’s Office for the Southern District of New York, McAfee and Jimmy Gale Watson, Jr,… Read More

February 25, 2021 @ 2:37 pm By Omar Faridi  |  

Tim Frost, CEO at YIELD App, which is a comprehensive Fintech app offering a wide range of DeFi services and new investment strategies, has shared his views and insights regarding the recent trading frenzy that was initiated by a group of armchair investors via Reddit… Read More

December 10, 2020 @ 11:52 am By JD Alois  |  

The US Department of Treasury has published the annual FSOC report. The Financial Stability Oversight Council convenes every year to review potential systemic risks to the financial services industry. FSOC members include the top financial services regulators including the SEC, the Fed, the OCC, etc…. Read More