The Securities and Exchange Commission announced has obtained court approval of settlements with Telegram Group Inc and its wholly owned subsidiary TON Issuer In to resolve charges that Telegram’s unregistered offering of digital tokens called “Grams” violated the federal securities laws. The
A total of 250 clients have now committed to use the Depository Trust & Clearing Corporation’s (DTCC) Global Trade Repository (GTR) service to meet their forthcoming European Securities Financing Transactions Regulation (SFTR) reporting obligations. This is an 80 per cent increase
There is precious little to celebrate in the precipitous collapse of Wirecard, the German payments group whose shares have lost 90 per cent in a matter of days amid what now appears to be incontrovertible evidence of a massive and
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) solutions provider, today extended its Reference Data Utility (RDU) Securities Financing Transactions Regulation (SFTR) service to include an API for firms requiring fast access to the technology and data needed to manage
The UK Financial conduct has taken what Capco managing principal Reuben Karuna-Nidhi describes as the first positive steps in the long journey toward crypto asset regulation.Read the full story at Institutional Asset Manager…
Most hedge fund managers have taken action to protect their firm’s data from external attacks. However, there is a growing recognition of the importance of shielding the firm from risks which can breed within the firm itself, and also protecting
Deutsche Bank has agreed to pay over USD10 million to settle two Commodity Futures Trading Commission (CFTC) enforcement matters.In the first matter, Deutsche Bank resolved federal court charges stemming from alleged violations of various swap data reporting and other regulatory
By Neil Coxhead (pictured), Waystone – On 7 May 2021, the Financial Conduct Authority (FCA), unveiled plans to create a new regime with the specific aim of channelling investment into more illiquid assets, giving asset managers a hint of how
By Bao Nguyen, Nick Tootle and Stephen Ng — With a new administration in office, an evolving regulatory landscape, and tax changes potentially on the way, investment funds should be proactive about watching for any shifts in tax policy or
By A Paris — From the appeal of no income tax, to the supportive business community and the weather and lifestyle it offers, Florida has continued on its upward trajectory as an attractive location for financial and technology firms.
