By PlanetCompliance, October 29, 2018 [Alternative Finance , At the Regulators , Bank of England , Blockchain , Cryptocurrencies , FCA (UK) , News from the EU , UK] The Financial Conduct Authority (FCA) has today, as part of a Treasury (HMT) led Cryptoasset Taskforce published a report on the UK’s policy and regulatory approach to cryptoassets. The Taskforce Report  has considered the policy and …

By PlanetCompliance, October 29, 2018 [Alternative Finance insights , Insights , Senior Management] Last week a friend of mine asked me whether I had any advice for him on how to win a start-up competition. He had registered the company he and a partner had launched last year …

By PlanetCompliance, October 23, 2018 [Bank of England , Compliance , FCA (UK) , Insights , Operations , RegTech directory , Senior Management , UK] Data or rather the quality of data is often at the centre of any problem RegTech tries to solve. The same is true for Regulatory Reporting, which is one of the key areas of the …

By PlanetCompliance, October 23, 2018 [Alternative Finance , At the Regulators , Blockchain , Crowdfunding , Cryptocurrencies , EBA , Europe , European Union , News from the EU , Social Lending] The European Banking Authority (EBA) published today its detailed annual work programme for 2019, describing the specific activities and tasks of the Authority for the coming year and highlighting the key strategic areas of work …

By PlanetCompliance, October 19, 2018 [Alternative Finance , AML 4 Directive , At the Regulators , Blockchain , Cryptocurrencies , MLRO , News from the EU] Following its latest plenary session the Financial Action Task Force (FATF) today published a statement on the regulation of virtual assets. The intergovernmental body has amended its Ssandards to respond to the increasing use of virtual …

By PlanetCompliance, October 19, 2018 [Alternative Finance , AML insights , At the Regulators , BaFIN (Germany) , Blockchain , Blockchain & Smart Contracts Insights , Cryptocurrencies , Germany , Insights] New rules for Crypto risk assessments that will make German banks even more reluctant to work with cryptocurrencies, a court decision that puts the entire current legal framework into question and the wait for a …

By PlanetCompliance, October 18, 2018 [Alternative Finance , At the Regulators , Compliance , News from the EU , SEC (U.S.) , US] The U.S. Securities and Exchange Commission today announced the launch of the agency’s Strategic Hub for Innovation and Financial Technology (FinHub). The FinHub will serve as a resource for public engagement on the SEC’s FinTech-related issues and …

By PlanetCompliance, October 17, 2018 [The Business Spotlight] What can you tell us about your company and your products & services? eccenca is a leading German company in the field of semantic data management, data protection and governance. With our innovative application of …

By PlanetCompliance, October 15, 2018 [At the Regulators , FCA (UK) , Senior Management] The Financial Conduct Authority (FCA) has today published a Discussion Paper on climate change and green finance. The effects of climate change and the associated transition to a low carbon economy may have a major …

By PlanetCompliance, October 12, 2018 [Insights , RegTech directory] Early last year we published for the first time our list of the most influential RegTech firms, the PlanetCompliance RegTech Top 100 List. From a pool that has grown to almost 500 firms, we calculate …

By PlanetCompliance, October 11, 2018 [Alternative Finance , At the Regulators , CFTC (U.S.) , Cryptocurrencies , News from the EU , SEC (U.S.) , US] The SEC’s Office of Investor Education and Advocacy (OIEA) and the Commodity Futures Trading Commission’s (CFTC) Office of Customer Education and Outreach warn investors to watch out for false claims about agency actions and endorsements …

By PlanetCompliance, October 10, 2018 [At the Regulators , Compliance , FCA (UK) , News from the EU , Senior Management , UK] The Financial Conduct Authority (FCA) today published two consultation papers, setting out its proposals in the event the UK leaves the European Union on 29 March 2019 without an implementation period.  It also set out …

By PlanetCompliance, October 8, 2018 [Compliance , Insights , RegTech directory , Risk Management , Senior Management] The six challenges A few weeks ago we published a post about the obstacles that RegTech needs to overcome to move to the next level. We focused on six challenges that we, from our experience, find …