05/14/2019
Technology and Innovation update
Prior to the changes to FSMA, a person could only have held a financing business licence or money services business licence depending on the nature of their business.
FinTech
05/10/2019
Trusts and the issues around digital assets
With digital assets being a new asset class that’s garnered much attention, it’s not surprising that trustees are being asked to consider acquiring ownership of these new forms of assets.
05/09/2019
Bank workers who survive robot uprising stand to make more money
Forty per cent of existing jobs at financial firms could be automated with current technology, McKinsey said.
05/09/2019
Why BVI is your perfect Caribbean crypto-hub
It's existing frameworks adapt perfectly to new businesses wanting to open within this dynamic sector.
05/06/2019
Who’s using Chainlink to connect smart contracts to the real world? The Decrypt canonical list
Chainlink’s platform enables smart contracts to respond to actual events—a key requirement for a secure and effective Web3. Here are its major partnerships By Adriana Hamacher
05/03/2019
Digital Assets In Bermuda
Here are some of the key themes that have arisen during those discussions.
05/03/2019
ICSA flags responsible investment and emerging technology as areas of focus for Guernsey businesses
Duncan Smith, Director of iCompli gave a thought-provoking presentation about the dangers of embracing emerging technologies without giving adequate thought to what the impact of such technologies might be.
05/03/2019
Bitcoin scam in Jersey costs victim £1.2m
The gang responsible claimed they were operating out of Norway, but investigators say there is evidence of money being moved to bank accounts around the world
05/02/2019
Bitt to partner with Estonian e-gov firm
eGA’s executive director, Arvo Ott, said the organisation is aware of challenges in the Caribbean and developing countries, and pleased to provide an alternative.
05/02/2019
Think you're ready to automate your client reports? by Marc Dukes
It may sound over-simplistic, perhaps even trite, but investment managers must be clear about why they want to automate and have defined the outcomes they are seeking.
05/01/2019
Banking on the Future of Women
Digital financial services are cutting out the middleman to equalize opportunity
05/01/2019
Sprint Financial Targets US$60m PayPal Payments With Fintech Platform
On registration with Sprint, users will be able to transfer their PayPal funds to Sprints account and get the funds in 24 hours, at a cost of five per cent of the transaction value, Barrett said Tuesday.
04/30/2019
Blockchain and technology-driven initiative to completely transform Barbados economy
The initiative brings together a global consortium of technology solution companies from diverse economic sectors, including renewable energy, transportation and aquaculture.
04/30/2019
British Virgin Islands - The domicile of choice for crypto asset funds
Banking, brokerage and custody are major considerations for any fund.
04/29/2019
Innovation and tech – hot topics for Jersey real estate funds
Sophie said: "We're hearing from clients with investors demanding more liquidity and flexibility in their real estate portfolios and from tech providers with innovative Blockchain solutions.
04/26/2019
Cyber-Security and The Dangers From Within
It should be emphasised that a person acting in this manner commits a criminal offence (subject to proving any available defence).
04/25/2019
Over half of firms report cyber attacks in 2019: Hiscox
Despite these figures, 27 percent of more than 1,000 US companies surveyed said they have no plans to purchase cyber insurance, and 5 percent are unsure of what cyber insurance is.
04/24/2019
China Delays Data-Onshoring Rules Until After US Trade Talks
The new regulations would require companies to localise data analytics processes in China.
04/24/2019
OKEx launches new Cosmos trading offering
Cosmos Hub is the first cross-chain hub of the Cosmos ecosystem, and ATOM is the native staking token of Cosmos Hub, which can be used for spam prevention, staking dividends, and community management voting.
04/24/2019
Digital Assets in Bermuda
Bermuda has always been regarded as a jurisdiction with a formidable reputation as one of the premier offshore jurisdictions in which to develop various forms of legal structures, such as trusts, insurance, reinsurance and investment fund structures.