Bridging the FinTech gap: What dividend should we seek from regulatory cooperation across jurisdictions?

21 December, 2017
Technology-facilitated innovation in financial services, a diverse collection of topics which coalesces under the portmanteau term of “FinTech”, is increasingly in the sights of policy-makers, whether at global, regional and national or state levels.  Keen observers will have noted a proliferation of consultation documents, statements, warnings, speeches and more emanating from national regulators.  Some of … Read more

Singapore’s MAS issues Guide to Digital Token Offerings

21 November, 2017
On 14 November 2017, the Monetary Authority of Singapore (MAS) issued a guide during the first day of the Singapore FinTech Festival to provide general guidance on the application of the securities laws administered by the MAS, namely the Securities and Futures Act (SFA) and the Financial Advisers Act, to offers or issues of digital … Read more

Scaling up the Senior Managers and Certification Regime: Thinking Ahead

23 October, 2017
The UK Senior Managers and Certification Regime (SMCR) is being extended to almost all financial services firms authorised by the FCA. This will include many firms in the payment services, peer-to-peer lending, crowdfunding and robo-asset management sectors. The plans are currently under consultation and we expect the regime to be implemented towards the end of … Read more

MAS CONSULTS ON REGULATIONS FOR THE PROVISION OF DIGITAL ADVISORY SERVICES

03 August, 2017
In line with its recognition of the rapid expansion of and new products within the fintech sphere, the Monetary Authority of Singapore (MAS) issued a consultation paper on 7 June 2017 on the provision of digital advisory services (ie advice on investment products using automated, algorithm-based tools, also known as “robo-advisory services”). The consultation closed … Read more

Crowdfunding – regulatory headwinds on the horizon?

02 August, 2017
Crowdfunding has the potential to be one of the most positive developments on the financial scene in years, with the potential to ‘democratise’ finance and outflank conventional approaches to raising capital in some spheres. Read more