Crypto / Digital Assets

Press Release

Regulation Asia Awards: Herbert Smith Freehills Wins Law Firm of the Year

By Editors | 14/11/2019

Herbert Smith Freehills has been awarded Law Firm of the Year in the 2nd Regulation Asia Awards for Excellence 2019.

Press Release

Swartz, Binnersley & Associates Recognised for Fintech Law

By Editors | 14/11/2019

Swartz, Binnersley & Associates has been recognised as ‘One to Watch’ in the Fintech Law space.

AML / KYC

Australia Has an IFTI Problem

By Eric Knight | 08/11/2019

Australia’s approach to international payments needs to change, and reporting entities need to update their legacy systems for better reporting, say Eric Knight and Nick Armstrong.

AML / KYC

SFC Unveils Regulatory Framework for Crypto Exchanges

By Manesh Samtani | 07/11/2019

Under the new framework, announced at Hong Kong Fintech Week, platform operators that offer trading in virtual assets classified as securities may seek Type 1 and Type 7 licences from the SFC.

AML / KYC

FATF Issues Draft Guidance on Digital Identity Systems

By Manesh Samtani | 31/10/2019

The draft guidance analyses the use, reliability and independence of digital ID systems, and looks at how they can meet FATF requirements around customer due diligence.

AML / KYC

FATF Begins Assessment of Japan’s AML Regime

By Editors | 30/10/2019

For the first time, cryptocurrency exchanges will also subject to the review, the first assessment of Japan’s AML system in 11 years.

AML / KYC

It’s Time to Reform and Refocus the FATF

By Tom Keatinge | 27/10/2019

The FATF’s responsibilities and the efficiency and effectiveness of its evaluation process must be reassessed, says RUSI’s Tom Keatinge.

Fintech / Regtech

G20 Finance Leaders Agree to Regulate Stablecoins

By Editors | 21/10/2019

Amid warnings from the FSB and FATF, the G20 finance leaders have agreed that no stablecoin project should commence operation until their risks are evaluated and appropriately addressed.

Enforcement

Korean Court Orders CoinOne to Compensate Hacked Client

By Editors | 07/10/2019

South Korean crypto exchange CoinOne has been ordered to repay a client after a hacker who stole his login information was able to withdraw 25mn won over the withdrawal limit.