Regulation

Forget Sandboxes: Why Governments Should Accept Licensing From Other Jurisdictions
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Forget Sandboxes: Why Governments Should Accept Licensing From Other Jurisdictions

When the UK’s Financial Conduct Authority announced the first round of Fintechs for their regulatory sandbox in 2015, it was heralded as a progressive move and reinforced the UK’s dedication to financial innovation. The FCA is now hosting their fourth cohort of companies, and it is evident that this may […]

Saudi Business Is About to Get More Complicated for EU Banks
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Saudi Business Is About to Get More Complicated for EU Banks

European Union banks will face higher hurdles in dealing with clients from countries including Saudi Arabia as the bloc moves to tighten controls on illicit financial flows. Panama and the U.S. Virgin Islands will also be put alongside Iran and North Korea on a new EU roll call of 23 […]

Smart Contracts Are No Problem for the World’s Legal Systems, so Long as They Behave Like Legal Contracts
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Smart Contracts Are No Problem for the World’s Legal Systems, so Long as They Behave Like Legal Contracts

Cryptocurrencies have been a headache (if not a nightmare) for the law. Ever since Ross Ulbricht launched the Silk Road online marketplace in February 2011, Bitcoin and its ilk have been disrupting the ability of authorities to police the globe, and to ensure that norms, regulations and laws are being […]

The swift climb of regtech: How technology is transforming regulatory compliance
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The swift climb of regtech: How technology is transforming regulatory compliance

Having emerged from obscurity to be the new buzzword, here’s what you must know about regtech. Worldwide, financial services in all forms are subject to extensive regulatory supervision for the protection of a large number of stakeholders. Regulatory compliance – characterised by long and tedious processes and costs – has […]

BankThink Bank regulators are getting serious about innovation
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BankThink Bank regulators are getting serious about innovation

I predict we’ll look back on 2019 as the breakthrough year when the U.S. financial agencies moved, each and all, to begin the digital modernization of regulation and compliance. Regulatory change is slow by nature — by design, really, because getting things wrong can do so much damage. It’s also […]

Fintech Revolution: From Data Management to the New Financial Ecosystem
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Fintech Revolution: From Data Management to the New Financial Ecosystem

The place of technology has transformed in our lifetime, moving from the mainframe to the palm of our hands. Once it meant efficiency, but now it’s enabling our lives, and whole economies, to change. In the 1970s, my mother was a COBOL programmer, working for Hammersmith Council. There were sandbags […]

Expanding the Sphere of “Regtech” to Procurement and Supply Chain Technology
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Expanding the Sphere of “Regtech” to Procurement and Supply Chain Technology

Good to hear from our founder and procurement tech guru here on the UK/Europe site – hopefully we’ll hear more from Jason in the coming months. On Spend Matters yesterday, Chen Amit, CEO of Tipalti, penned a guest post that introduced the topic of “regtech”. He observes that: “In 2019, […]

Emerging fintech innovations set to influence SME lending in 2019
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Emerging fintech innovations set to influence SME lending in 2019

Aaron Hughes, Managing Director of Equiniti Riskfactor, looks at some of the emerging Fintech themes that will shape the SME lending landscape A wiser man than me once said that anyone attempting to make predictions will end up either wrong or lucky. In 2019, against a backdrop of uncertainty about […]

FINRA Forum Shows Promises and Pitfalls of New Technologies
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FINRA Forum Shows Promises and Pitfalls of New Technologies

How experts from the securities industry and its regulators view AI, blockchain and other new technologies In the future, blockchain, artificial intelligence, network analytics and other new technologies may become as commonplace as the next-day or same-day delivery of consumer items, which was only an idea a few years ago. But for […]

IBM-Backed Blockchain Platform to Improve Supply Chain Management in Mining Industry
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IBM-Backed Blockchain Platform to Improve Supply Chain Management in Mining Industry

Major tech firm IBM has partnered with MineHub Technologies to deliver a blockchain solution that will improve supply chain management in the mining and metals industry. IBM announced the initiative in a press release published Jan. 16. MineHub is a company that uses technologies including blockchain to develop cost-saving applications […]