The concept of a legal opinion A legal opinion is understood as a document that contains the professional opinion and conclusion of a lawyer who has studied a particular legal problem. Through such a document, the parties to the transaction…
On September 21st, 2021, the Estonian Ministry of Finance published a draft law to amend the Money Laundering and Terrorist Financing Prevention Act (the AML Act). The law is now undergoing inter-agency consultations, but it is set to go into force on February 1,…
SFC License in Hong Kong or Securities and Futures Commission is a financial industry regulator operating in Hong Kong. The Commission was created in order to exercise administrative control and regulate the activities of all companies that operate or are…
El Salvador became the world’s first country to accept Bitcoin as its official currency in June 2021. International clients may now legally trade and earn from bitcoins, as well as do business, acquire products and services, invest in bitcoins, and…
Worldwide globalization of all spheres of life causes the actualization of protection of intellectual property rights. Day to day any customers meet with logo, brands, names and simultaneously realize that here is a hallmark of some brand. According to Ukrainian…
The MT4 (МТ4) platform is designed for dealing with markets such as Forex, CFD and Futures. All over the world numerous of traders interested in carrying out trading operations on the market give a preference for Meta Trader 4. Meta…
Payment service providers (PSPs) in Canada must put a risk-based AML/CFT program in place to comply with an AML Law, otherwise, they face regulatory risks. Find out how money services businesses (MSBs) and PSPs fall under AML regulations and what…
To be able to operate in cryptocurrency field in this state, an entrepreneur must go through a separate process and get a special crypto license. Lithuanian jurisdiction provides fairly loyal conditions for cryptoorganizations working with cryptocurrency exchanges and wallets. In…
Merchant account is a type of bank account that enables companies to receive payments from debit cards or credit cards. For example, merchant account is an agreement between a retailer, a merchant bank, and a payment system for making payments…
Visit one of the main blockchain events of autumn 2021 – BlockchainUA. This is the tenth international anniversary conference, which will take place on November 3 in Kiev. The conference will be attended by the main representatives of the blockchain…
Brokerage licensing in Belarus makes it possible to act as an intermediary in the securities market. Initially, it is necessary to register a brokerage firm in Belarus. If we compare the countries in the post-Soviet space, we can conclude that…
Safeguards are used by payment companies and electronic money issuers (PIs and EMIs) to ensure that in case of liquidation the funds are protected. The rules that relate to the protection of finances are spelled out in the section of…
There are 111 banking institutions with offshore banking license operating within the Cayman Islands. Most of them are subsidiaries (31) and branches opened by international banks. The Cayman Islands considered one of the most trusted international centers for financial activities….
Consider the option of obtaining a cryptocurrency license in Estonia for an enterprise that is registered in this state. Recently, there has been a change in the rules, and some requirements have increased, but Estonia is still one of the…
Getting a cryptocurrency license in UK is a popular procedure for anyone who wants offering services connected with digital assets on state territory. Cryptocurrency is regulated in UK by AML/CFT Act. FCA is responsible for overseeing operation of structures dealing…