They look like derivatives contracts, but act like gambling bets. They are prediction contracts– one of the fastest growing trading sectors despite conflicting regulatory frameworks, no clearcut taxation rules, unique operating policies, and rumors of insider trading. A 2025 Keyrock-Dune analysis of the global prediction market industry puts Polymarket, operating strictly overseas at the time, […]
EU’s DORA 2.0: EBA’s Third-Party Risk Management Gone Awry?
Equivalent doesn’t mean identical when it comes to the European Banking Authority’s proposal to mandate financial firms doing business on the Continent to adopt an overlapping risk management framework to the newly effective DORA for a greater number of third-party service providers. Compliance, legal, risk management and IT directors fear that following two sets of quasi-similar […]
Fund CCOs Grapple With SEC’s New Cryptocustody Stance
Chief compliance officers (CCOs) at registered investment advisers (RIAs) investing in cryptoassets shouldn’t take the recent no-action letter (NAL) from the U.S. Securities and Exchange Commission (SEC) allowing them to select state-chartered trust companies (STCs) as qualified custodians lightly. The U.S. regulatory agency’s decision allows RIAs to breathe a sigh of relief they will not […]
FASTER Refunds for EU Withholding Taxes
Operations managers at custodian banks, broker-dealers, and other financial intermediaries, will soon face new administrative challenges and legal liability to secure quicker refunds of excess withholding taxes paid by investors in cross-border transactions for securities issued in the European Union (EU). Honey chimocurves onlyfans Among the top concerns mentioned by attendees at the recent Americas […]