IronX, a new Crypto Exchange joint venture between global online broker IronFX Group and EmurgoHK, creator of the Cardano blockchain, has been awarded full regulatory licence approval by the Estonian Financial Intelligence Unit (FIU). This licence allows IronX to operate
On 19 September 2018, the UK Parliament’s Treasury Select Committee published a unanimously-agreed report on crypto-assets for its Digital Currencies inquiry which likened the current cryptocurrency situation to the ‘Wild West’, something Long Finance is looking to help ‘tame’ with
The growth of funds domiciled or administered in Guernsey slowed in the second quarter of this year but the island’s finance industry is continuing to perform robustly despite the credit c
Getnick & Getnick LLP and co-counsel Labaton Sucharow LLP have secured a major USD30 million settlement in the second stage of the largest ever tax whistleblower recovery in New York state history. The settlement announced by New York Attorney General
The collapse of a few hedge funds lately as a result of poor operational practices or even fraud has rekindled talk about best industry standards and self-policing among hedge funds and th
SMT Fund Services (Ireland) Limited has appointed Kii Hub to produce and deliver Key Investor Information Documents (KIIDs) for its established platform of UCITS funds. This extends the relationship that already exists with SuMi TRUST Global Asset Services, as Kii
The European Securities and Markets Authority (ESMA) has approved ICE Trade Vault Europe as a trade repository for the reporting of swaps and futures trade data to meet requirements of the European Market Infrastructure Regulation (EMIR). ICE Trade Vault Europe
Maples and Calder and MaplesFS which together comprise Maples Fiduciary and Maples Fund Services, have consolidated their offerings under a single brand, now called the Maples Group. This composite of collective services includes an international law firm, advising on the
Offshore financial centres are liable to come under increasing pressure from tax authorities worldwide in the wake of the US Senate investigation i
The Financial Services Authority (FSA) has fined Dr Sandradee Joseph GBP14,000 and banned her from performing any significant influence function in regulated financial services for breaching Principle 6 of the FSA’s Statements of Principle for Approved Persons. Joseph was Compliance
