Tag "Swiss Financial Market Supervisory Authority (FINMA)"
Crypto Firm Bitcoin Suisse Withdraws its Banking License Application
The Swiss Financial Market Supervisory Authority (FINMA) has informed cryptocurrency trading platform Bitcoin Suisse that its banking license application has an “unfavourable prognosis”, deeming it ineligible for approval. Bitcoin Suisse had previously submitted an application for a banking license in
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Gazprombank Switzerland Completes First Successful Bitcoin Transaction
Gazprombank Switzerland, a fully licensed Swiss financial institution, has successfully performed its first transactions in Bitcoin. After receiving approval from the Swiss Financial Market Supervisory Authority (FINMA) to provide cryptocurrency bank accounts to corporate and institutional clients, Gazprombank reportedly becomes
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gowago and Intrum Introduces Digital Signature for Swiss Car Leasing Contracts
Switzerland’s car leasing platform gowago.ch and Intrum, a credit management company, have announced their partnership, to enable one to sign a car leasing contract digitally. This digital signature is recognised by FINMA and is therefore legally valid. Customers can now
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Gazprombank Switzerland Receives FINMA Authorization for Crypto Offering
Gazprombank (Switzerland) has received authorization from the Swiss Financial Market Supervisory Authority (FINMA) to provide cryptocurrency bank accounts to corporate and institutional clients. Gazprombank (Switzerland) (“Gazprombank”) provides traditional banking products and services to its customers, including corporates, investment funds and
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Bx Swiss Receives Approval From FINMA as a Prospectus Review Office
At the beginning of May 2020, the Swiss Financial Market Supervisory Authority FINMA granted BX Swiss AG approval as a Swiss Prospectus Review Office pursuant to Art. 52 of the Financial Services Act (FinSA). Admission will take effect on 1st
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60 ICO Investigations by Swiss Financial Market Supervisory Authority in 2019
The Swiss Financial Market Supervisory Authority FINMA publishes its 2019 Annual Report. “Switzerland needs stable financial institutions particularly in uncertain times for the financial markets.” This pronouncement was made in January by the Chair of FINMA’s Board of Directors Thomas
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Japan Exchanges Letters for Fintech Cooperation Framework with Finma
The Japan Financial Services Agency (FSA) exchanged the Letters for Cooperation Framework on FinTech with the Swiss Financial Market Supervisory Authority (FINMA) on April 4, 2018. This Cooperation Framework recognises the global nature of innovation in financial services and intends
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FINMA sign Fintech Cooperation Agreement with Hong Kongs SFC
The Securities and Futures Commission Hong Kong (SFC) entered into an agreement with the Swiss Financial Market Supervisory Authority (FINMA) to establish a framework for cooperation on Fintech. Under the agreement, the SFC and FINMA will cooperate to share information
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FINMA revidiert Rundschreiben Video & Online-Identifizierung
Die Eidgenössische Finanzmarktaufsicht FINMA passt die Sorgfaltspflichten bei der Aufnahme von Geschäftsbeziehungen über digitale Kanäle an die technologischen Weiterentwicklungen an. Sie führt hierzu eine Anhörung bis zum 28. März 2018 durch. Seit der Inkraftsetzung des FINMA-Rundschreibens 2016/7 “Video-und Online-Identifizierung” sind
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First Official License For A Swiss Bitcoin Company?
The owner of the Payment21® brand infomred that it recently been licensed as a Directly Subordinated Financial Intermediary (DSFI). The third-party processor is now supervised by the Swiss Financial Market Supervisory Authority (FINMA) for compliance with Anti-Money-Laundering (AML) laws and Know-Your-Customer (KYC) rules. After over one year
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