Legal & Regulation

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Digital assets firm Bequant granted VFAA licences for exchange and prime brokerage by Malta Financial Services Authority

Digital assets firm Bequant granted VFAA licences for exchange and prime brokerage by Malta Financial Services Authority

Bequant, a specialist global digital assets services firm, has been granted Virtual Financial Assets Act, 2018 (VFAA) licences by the Malta Financial Services Authority (MFSA) to operate a regulated Virtual Financial Assets (VFA) exchange and prime brokerage.  

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FCA data breach reports down 30 per cent despite UK cyber incidents increasing by 56 per cent

FCA data breach reports down 30 per cent despite UK cyber incidents increasing by 56 per cent

Kroll, a provider of services and digital products related to governance, risk and transparency, has revealed the number of data breaches reported to the FCA fell by 30 per cent between 2019-2020. This is a direct contradiction to Kroll’s own data which, looking at all industries, showed a 56 per cent average rise in incidents over the same timeframe, with the financial services industry being slightly above that average. 

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Compliance professionals call on regulators to give more guidance on AML effectiveness, says LexisNexis Risk Solutions study

Compliance professionals call on regulators to give more guidance on AML effectiveness, says LexisNexis Risk Solutions study

An overwhelming majority of compliance professionals say the lack of guidance and support from regulators is contributing to a significant delay in implementing the latest anti-money laundering (AML) regulations, according to new research released today by LexisNexis Risk Solutions, a global data and analytics provider. 

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Apperio launches virtual legal expo for private equity, hedge funds and other private investment organisations

Apperio launches virtual legal expo for private equity, hedge funds and other private investment organisations

Apperio, in partnership with Private Equity Wire, Institutional Asset Manager, and Hedgeweek, is launching an all-new live virtual conference dedicated to helping stakeholders in private funds exchange ideas and best practices for efficiently deploying and managing legal resources. REGISTER NOW