Search Results for: Money laundering
FCA becomes AML and CTF supervisor of UK cryptoasset activities
January 14th, 2020
The Financial Conduct Authority (FCA) in UK has issued an announcement to inform that the FCA is now the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for businesses carrying out certain cryptoasset activities under the amended Money Laundering, ...
Parliament keeps up pressure to tax digital economy more fairly
December 20th, 2019
MEPs press EU to engage fully in international efforts to tax the digital economy, while still being prepared to act at EU level if global plans fail. As international talks at OECD level on taxation systems for the digital ...
iSignthis shares its Annual Risk Classification of Customers
December 18th, 2019
iSignthis Ltd (ASX: ISX|DE: TA8)(“the Company”) is required under European Anti Money Laundering Regulation to classify its customers by risk levels (low, medium or high-risk) for its wholly-owned, prudentially regulated electronic-money services subsidiary, iSignthis eMoney Ltd. These classifications of ...
China prepares to launch its own digital currency as Facebook’s Libra languishes
November 13th, 2019
China is moving closer to releasing the world’s first government-backed digital currency. Li Wei, the head of technology for the People’s Bank of China, the central bank, said on Monday that commercial banks should increase their use of blockchain ...
iSignthis: Extreme Growth Continues…with Free Cash Flow
October 25th, 2019
Actual Annualised GPTV exceeds A$1.9bn (Up↑ 360% from 30th June) Operating Cashflow Positive (Q3) : $1.067m (FCF) Cash Receipts : $8.326m UP↑ 38.5% QoQ from $6.01m (Q2 2019) 3Q2019 Revenues $8.58m UP↑ 36% from $6.3m 2Q2019 3rd QTR 2019 ...
European stocks traded mixed Wednesday
October 23rd, 2019
European stocks traded mixed Wednesday after British lawmakers forced Prime Minister Boris Johnson to pause the progression of his Brexit deal. The pan-European Stoxx 600 pared early losses to trade just 0.1% down by mid-afternoon, financial service firms leading ...
GP Global announces the calendar of Continuous Professional Training Courses for 2019
October 16th, 2019
G.P. GLOBAL LTD, a company that is specialised in offering services, training and seminars to CIFs since 2002, has issued an announcement to inform about the organisation of Continuous Professional Training Courses (CPTs) for 2019. In accordance the announcement, ...
Teenage trader lost £500,000 as he
led luxury lifestyle with supercars
October 3rd, 2019
A teenager who drove luxury cars while claiming to be a millionaire trader lost £500,000 of investors’ cash and has been reported to authorities. Morgan Reeve, from Hunstanton, set up Morgan FX Limited in July last year and bragged ...
iSignthis announced annualised Paydentity GPTV exceeds A$1.9bn in Sept 2019
October 3rd, 2019
iSignthis has issued an announcement to present further operational update as at 30th September 2019. In accordance the announcement: The Paydentity™ Ecosystem is progressively providing more features and capabilities to our EU based business customers. It gives me great ...
China’s new digital currency
September 9th, 2019
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director ...
