While several other major companies have opted to exit the UK to avoid legal hot water, Binance is willing to adhere to increasingly stringent compliance requirements to remain active in the market. The good news for customers is that most of its services comply with the new regulations. That means Margin Trading, Spot Trading, Binance…
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RegTech Analyst director of research Mariyan Dimitrov said: Banks and other financial institutions need to be aware of the latest RegTech innovation in the market in order to avoid new compliance risks and stay competitive despite new regulations around customer onboarding and remote communication post Covid-19. The RegTech100 list helps senior management filter through all…
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Tradesocio has announced that it has teamed up with a global identity data intelligence specialist, GBG. This cooperation aims to propel regulatory compliance in the era of digitalisation. GBG is a provider of technology solutions for criminal record checks, AML, KYC, and other customer data analysis, with a focus on fraud, risk, compliance, privacy, customer…
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Automated regulatory compliance specialist muinmos has earlier this year been selected to participate in the fifth cohort of the FCA’s Regulatory Sandbox. The Danish RegTech organisation uses Artificial Intelligence (AI) techniques to help financial institutions to categorise and validate regulatory compatibility for a range of financial products and services on a national and cross border basis. Back in…
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ICO tokens – are they securities or are they something else that does not require strict compliance with SEC regulations, designed to protect investors and force full disclosure before any capital changes hands? In its last annual report, the SEC vowed to step up its activity in this arena, driving fear through the hearts and…
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If cryptocurrencies are to gain the global acceptance necessary to expand and prosper, can the industry achieve that goal by ignoring 23% of the inhabitants on our planet? In much the same manner as the retail foreign exchange trading industry created special Islamic accounts and processes that were in compliance with Shariah law, it would…
Read moreFinancial technology solutions provider NextAngles today announced the launch of its flagship compliance solutions for financial institutions grappling with increasing regulatory and market pressures. The solutions suite includes: Anti-Money Laundering (AML) Alert Investigation, Trade-Based Money Laundering (TBML) Alert Generation and Investigation, Know Your Customer (KYC), Financial Crimes Investigation, and Liquidity Risk Management. Developed by industry…
Read moreAnother industry move we learned about today within the London brokerage scene has seen Mr. Michael Herron get appointed as a director of ThinkForex in London. ThinkForex is a trading name of TF Global Markets (UK). According to Mr. Herron's LinkedIn he has six years of experience at City Index serving as Global Head of Legal and…
Read moreToday we learned from official filings that London based Forex brokerage XTB Limited, the operator of XTB.com has appointed a new director in Marcus James Ford, an FX industry veteran of many years. This brings the total count of current directors to three at XTB Limited. Mr. Ford most recently served as a director at OANDA Europe from…
Read moreFXCM announced back in July that its Board of Directors approved a 1-for-10 reverse stock split of its issued and outstanding Class A common stock to avoid such issues.
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