Page 6 - Reporting Entity News Today

While regulating them is necessary, the need of the hour is a comprehensive legislation to govern virtual digital assets - Issue Date: Apr 16, 2023

Increased compliance burdens may lead to loss of customers

In our previous article, we highlighted developments in Canada’s modern slavery framework. Here, we update developments relating to modern slavery, including the impending legislation...

The board wants feedback on its proposed description of a reporting entity by January 2023.

The Dubai Financial Services Authority (DFSA) has published Decision Notices taking action against Stuart Coles and three related companies of which Coles was the sole owner and director.

<p><span>The Dubai Financial Services Authority (DFSA) has today published Decision Notices taking action against Mr Stuart Coles (Mr Coles) and three related companies of which Mr Coles was the sole owner and director.  The three firms are Coworth Fintech Ltd, Coworth Investments Ltd and Novus Fintech Ltd.</span></p>

The Commission de Surveillance du Secteur Financier (CSSF) has launched a new web platform called eRIIS which stands for electronic Reporting of Information concerning Issuers of...

Last week, HHS announced the distribution of more than $2 billion in Provider Relief Fund (PRF) Phase 4 General Distribution payments. These payments bring the Phase 4 distribution...

Last week, HHS announced the distribution of approximately $9 billion in CARES Act Provider Relief Fund (PRF) Phase 4 payments. The average payment for small providers is $58,000, for...

<p><span>The Dubai Financial Services Authority (DFSA) has today published a Decision Notice imposing a penalty of USD 210,000 (AED 771,225) on Equitativa (Dubai) Limited (Equitativa) and accepted an Enforceable Undertaking from Equitativa. </span></p>