The UK’s Financial Conduct Authority (FCA) has set aside £30m to cover costs for preparations related to Britain’s departure from the European Union (EU) in …
FCA tightens grip on asset managers
The UK’s Financial Conduct Authority (FCA) has introduced new rules to ensure that fund managers act in the best interest of investors. The new rules, …
Swiss and Japan regulators ink fintech cooperation pact
Financial Services Agency (FSA), the financial regulator of Japan, and its Swiss counterpart Financial Market Supervisory Authority (FINMA) have signed an agreement to strengthen ties in …
Singapore’s MAS to develop guide for responsible AI usage
The Monetary Authority of Singapore (MAS) has started working to develop a guide that will encourage responsible and ethical use of artificial intelligence (AI) and …
UK and Australia regulators sign fintech cooperation pact
The UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) have inked an agreement to extend the existing fintech ties between …
Global art sales rise to $63.7bn
The turnover in the global art market reached $63.7bn in 2017, an increase of 12% compared to 2016 after two years of decline, according to …
Singapore and Lithuania regulators sign fintech cooperation agreement
The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have signed an agreement to bolster fintech ties between the two jurisdictions. Under the …
Asset and wealth management CEOs positive about growth
Asset and wealth management (AWM) CEOs are optimistic about the growth prospects of their companies but are bogged down by concerns of disruptive forces including …
Hong Kong and Poland regulators sign fintech cooperation pact
The Hong Kong Monetary Authority (HKMA) and the Polish Financial Supervision Authority (KNF) have inked a memorandum of understanding (MoU) to bolster fintech ties between …
Institutional investors satisfied with hedge fund performance in 2017: Credit Suisse
Around three-quarters (74%) of institutional investors are satisfied with the performance of their hedge fund portfolios in 2017, a significant rise from a year ago …