Regulatory Actions – ICOs and Digital Trading

Regulators in the digital asset space are focusing a significant amount of attention to Initial Coin Offerings (ICOs) and digital asset trading.  Their activities have included addressing the lack of transparency of exchanges that trade digital assets, jurisdictional issues, and the need to consider registration or qualifying for an exemption for ICOs and cryptocurrency-related investments…. READ MORE

Digital Assets – Are You Ready?

The securities and futures industries have a long history of creating, distributing, and trading new and innovative products and asset classes. Innovation is not without risk and successful firms have typically introduced disciplined processes to achieve compliance within existing regulations, even when there are gray areas. For broker-dealers, the suitability rule (2111) is the guiding… READ MORE

Webinar Recording Available: Emerging Technologies – Existing Regulations

In Case You Missed It… A recording is now available of the May 1, 2018 webinar, “Emerging Technologies – Existing Regulations,”  co-sponsored by Oyster Consulting and the NSCP. Innovation always outpaces regulation.  Firms have a constant struggle to balance the fear of being left behind by market innovators against the risk of a regulatory action. … READ MORE

What’s On Your Checklist?

Companies set many plans and objectives yearly to continue good business operations. This is like most people who have on their lists improving their health so they can aim to live longer.  In the same way, firm leaders also need to apply this this determination to the wellness of their firms. What should be on… READ MORE

Have You Completed Your Annual AML Audit?

  Bermuda is joining the international push for transparency and accountability, enhancing its anti-money laundering/anti-terrorist financing regime as well as updating laws creating stronger data protection for the public and implementing international standards for bribery, corruption and fraud.  One of the new requirements for AML/ATF regulated entities in Bermuda is that they all must have… READ MORE