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SMEs that function in Nigeria for more than 24 months, as the crowdfunding rules proposed by the SEC state, have a right to attract funds through Nigerian crowdfunding portals. Only portals that received approval from the SEC fall under this rule. For this activity, SMEs need to issue bonds, stocks, and other investment vehicles required […]

No wonder Singapore often happens to be the first on the list of countries when it comes to choosing a place for starting a crypto business in Asia. The main reason is Singapore being one of the four Asian tigers. Specifically, Tigers demonstrate promising conditions for business activity, a high level of economic development, and […]

Being known as a global innovation hub, Japan is not lagging behind in the Fintech and IT field either. This post will be dedicated to this topic. It happens to be especially useful for entrepreneurs who are planning to register a crypto exchange in Japan or are interested in regulation aspects related to cryptoasset trading […]

Not too long ago, some providers of crypto services in the Netherlands became obliged to comply with anti-money laundering requirements. The reason for this is the Fifth Anti-Money Laundering Directive (AMLD5) issued by the Dutch House of Representatives last year. Let’s now explore the details of the control exercised over AML compliance of crypto service […]

A key part of attracting investors’ attention is the evaluating of the enterprise’s IP assets. On the opposite, many problems can occur when one does not know what to expect in terms of a company’s IP potential. This article’s goal is to explain what it is exactly that investors pay attention to while performing due […]

Luxembourg is known to be a major fintech hub. To live up to this status, the country legislatively approved transferring and holding virtual assets through DLT. In addition, Luxembourg is actually the first country in Europe that put in place specific registration that authorizes the obtainment of a payment institution license. Payment institution license The […]

It is becoming popular for established companies or startup owners to search for new ways of reducing costs, rising profitability, and boosting revenues. Many of them decide to open a cryptocurrency company in Hong Kong. Yet some legal and regulatory challenges can surprise these businessmen. To not find ourselves in an awkward situation, let’s discover […]

In the Republic of Ireland the responsibility of regulating financial services belongs to the CBI. However, this institution does not govern digital currencies in any way. In fact, there is no such governmental agency in Ireland that controls the market of cryptocurrencies. What is more, it is not defined whether and to what degree the […]

In the latest years, financial regulators of the EU and Great Britain have been progressively issuing new regulatory requirements for cryptocurrencies. It is, therefore, inevitably necessary to monitor all the recent changes. Especially this assumption would be relevant for those who are planning to register a crypto company in the EU or in Great Britain. […]

FIL 2020 is the primary source of regulation for foreign investment in China. The main areas of its application are: Registration of enterprises with FDI; Acquisition of shares in local companies; Investments in new projects; Other investment types allowed by Chinese laws. Foreign investors can operate in China; however, on limited terms. It is mandatory […]

Starting this year, the MLR Amendment modified the AML / CFT regulations in the United Kingdom. For those who are about to start a crypto company it would be useful to keep in mind that this amendment brings MLD5 to the UK’s legislation and changes regulations for transfers. Introduction Due to being concerned about money […]

Taking into account the growing number of investors who would like to get a license for cryptocurrency activities in Hong Kong, local regulators publish numerous recommendations informing investors on the distribution and marketing of crypto products. This initiative is expected to make an investment in HK more comprehensive and easier. Therefore, HK’s main financial regulator, […]

Businessmen interested in opening a company or get involved in public investment programs in Central America more often regard Belize as an option. This change is the result of Belize’s strive for resetting its positive image after being associated with an offshore location. In fact, the country is making changes to the legislation that governs […]

In the modern world, digital technologies are everywhere; this fact truly makes our society digital. The digitalization in all sectors leads among others to the growing popularity of registering an e-business. Recently, the COVID-19 pandemic entered our lives unexpectedly and triggered an immense transition of consumers to the usage of online operations, even despite their […]

Lately, lawmakers of many countries started to support more actively transparency in business as well as fighting money laundering and financial crime. Accordingly, governments started to introduce new AML legislation and request banks and other financial institutions to follow the new regulations. Among other issues, regulators put their attention to the prevention of usage of […]

Prior to conducting financial activities in Liechtenstein, it is crucial to become familiar with the country’s regulations related to business transparency and AML compliance. The goal of this article is to help you learn about the key AML obligations expected from managers of assets and private banks in Liechtenstein. AML obligations Fighting fraudulent activities in […]

Are you planning to open a business in the private banking sector and looking for British AML regulatory rules? This article will be perfect to improve your knowledge of the country’s implementation of AML policies, laws, and procedures. We will especially focus on private banking where AML compliance is crucial. AML obligations for private banking […]

In South Korea private capital used for investment purposes is viewed as a financial investment business and falls under the regulation of the Financial Investment Services and Capital Markets Act (FSCMA). The majority of PEFs in South Korea are utilized to process control equity investments in corporations that are already functioning. Shall we explore the […]

Are you planning to start a cryptocurrency business in India and looking for the rules of cryptocurrency regulation there? This article will answer all your questions and explain the key aspects! India’s regulation of crypto activities If you are about to open a cryptocurrency exchange in India, you should bear in mind that there is […]

Before obtaining a banking license in China and registering a banking institution there, it is crucial to consider the fact that according to Chinese legislation principal shareholders are defined as individuals who have a 5% stake in a bank or having a significant position in its management. Moreover, there are two different categories of stakeholders: […]

Lately, all financial institutions in Australia were affected by the updates in regulation. These changes may be truly important to take into consideration before starting a business in Australia. It is also worth acknowledging that momentarily Australia is seeing the biggest economic downturn since the times of the Great Depression because of the pandemic. In […]

In 2018 India announced to the whole world its neglect towards all cryptocurrencies. That is why it seemed unbelievable for India to register an Indian crypto company until very recently. Many were convinced that the ban on the cryptocurrency trading was the country’s Central Bank’s “historic sentence”. Earlier the Central bank explained that their decision […]

Recently, China has been testing intensively the Digital Yuan (DCEP – Digital Currency Electronic Payment) – China’s own virtual currency. The Chinese authorities are stimulating the economy after the COVID-19 pandemic by developing their own digital currency. Beijing is convinced that the after-pandemic crisis can be fought with the new virtual currency. The Digital Yuan […]

Foreign payments are getting very common for Japan, mostly due to two reasons: the immense growth of the e-commerce market and tranquil regulation of business registration in the country. Because of wire transfers via banks being frequently too expensive, alternative money transfers started increasing in numbers in the last years. Earlier in Japan, there was […]

Supervisory construction GFSC is the main fintech business regulator of Gibraltar. This organization authorizes the following activities by issuing licenses for the companies: Investment activities’ organization in Gibraltar Being principals or agents and performing investment activities Providing investment-related advice in Gibraltar Lending Accepting deposits Conducting payment-related services. In Gibraltar, there are several laws that regulate […]

How does the banking sector work in China? What are the main aspects of banking regulation there? This brief report will be useful for those planning to register a financial company or open a bank in China. Banking activities in China Mostly, banks in China are impressively large. Some are known to hold up to […]

Franchise sector in Holland is booming in recent years. Franchising is especially popular in the retail industry where the fast-food franchise is the best example. In the Dutch market, there are no limitations for foreign investors while expanding franchises. That is the main advantage of starting a franchise in Holland. Franchise legislation Holland has no […]

Detailed knowledge of the regulation of RIF in the jurisdiction of HKSAR is crucial for registering one there. The OFC code controls the operation of Retail Investment Funds and provides rules and regulations. However, even investors from different jurisdictions can obtain an investment license in HKSAR. COREDO is here to assist in case you are […]

Belgium’s goal right now is to draw and keep more foreign investors, which, given its investor friendliness, can be successful. In the course of this action, Belgian government decided to modify the Companies Act and reduce the corporate income tax.  For those who were thinking about registering a company in Belgium, the timing could not […]

E-commerce law plays a crucial role in the business world and never ceases to evolve. Distance selling has been much simplified by the development of internet that brought new possibilities for the trading and marketing channels. Moreover, trade contracts became faster, simpler and cheaper. In today’s world it only takes a couple of clicks to […]

International law always stands by putting the human rights first when it comes to solving conflicts and making vital decisions. Human rights cannot be divided or limited by any country or cultural borders. The subjective element of this approach can be replaced by standards agreed on the international level that fit management and decision making […]

Owning a gambling license is a requirement for starting an autonomous online casino. Moreover, once the license is achieved, the casino’s owner can set up a solid financial infrastructure and cooperate with software and game content providers, which will improve the owner’s reputation and increase the trust of potential players. Do you need to obtain […]

In current years gaming industry has been attracting more and more investors from every corner of the world. The industry has grown massively and developed in modern ways. As one of the trends, there are more women who try their luck in online casinos and computer games. The youth segment of online players has definitely […]

Technology companies struggle with numerous problems in daily operations. Due to the non-stop development of modern technologies multiple types of misusing take place, for example misuse of IP rights. The task of the Technology Act is to assist in dealing with similar troubles coming up because of the technology mishandling. Today the vast majority of […]

Due to being exposed to numerous financial threats, the world needs updated AML regulations and laws presented on a daily basis. In combating financial crimes, which is the goal of local and global AML rules, financial service providers have a crucial position. As a matter of fact, the majority of the financial crimes are initiated […]

The U.S. GDP grew by another 4.1%, setting a record high for the past few years. Both, the President and Congress, are pleased with these results, attributing the success to their policies. But is this growth sustainable, or should we anticipate a significant decline following this record rise? Experts believe that the future success of […]