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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 […]

The recent money-laundering scandal at Danske Bank became a starting point for Estonian fiscal authorities and legislators to apply stricter AML policies. Resultingly, more than 400 cryptocurrency companies lost their licenses lately. Considering the latest news of the industry, it is smart to pay extra attention to the new regulatory obligations for entrepreneurs planning to […]

Despite not having any special legislation for crypto-asset deals, the local government of Turkey monitors all cryptocurrency activities closely. That is why it is worth learning about the regulatory aspects of financial transactions in the country prior to registering a cryptocurrency business there. Authorities As for the regulators of crypto asset activities in Turkey, no […]

Momentarily no special legislation is applied to crypto assets, transactions with them, or blockchain in Austria. Furthermore, in the opinion of the Austrian government, such legislation is not needed at all. The reasoning behind this attitude is the fact that the overregulated crypto industry in the EU demonstrates slower development in technologies. Resultingly, European companies […]

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: […]

 If you are about to launch a crypto exchange in the EU, this article is perfect for you. Today we will explore the country, that became one of the leaders of “tokenization” in the European Union – France. This leading status in the crypto assets’ regulation is brought particularly by the PACTE law. This […]

In the latest research, FCA has published its opinion regarding the cryptocurrency behavioral patterns. It is true that the research is mainly targeted on high-profile investors who want to register their company in Great Britain. Still, it can be interesting to the general public as well as major cryptoasset traders. Point of the research The […]

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 […]

Recently, the Vice-president of the EU Commission stated that major changes are coming to the regulation of digital assets in the EU. This brings us to the fact that new cryptocurrency companies will be obligated to conduct their business activities according to this new regulation. Thus, we will now explore in more detail the meaning […]

Recently the Cayman Islands, one of the most known offshores on Earth, announced the new regulation regime for digital asset business. This year individuals who seek to obtain a license for operating virtual assets in the Cayman Islands need to follow updated rules or the so-called VASP. There are many companies that work with blockchain […]

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 […]

This time we will talk about how the banking sector is regulated in Sweden especially from the point of view of foreign shareholders. Sweden and especially Stockholm hosts many large banking groups and banking titans like SEB, Swedbank, Nordea, and Handelsbanken. These are the “big four” of international banks and have control over the majority […]

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 […]

Let’s discuss banking secrecy and privacy in the financial sector in Monaco. This article will be surely useful for those who seek to enter the financial market of Monaco or to obtain a financial license in the country. In Monaco managers and employees of financial institutions must follow the conditions of professional secrecy. The violation of […]

Lately, the British media reported that the regulators are about to restrict control over foreign investments. The new regulation policy brings a right for authorities to intervene in mergers in the UK in order to protect the public interest and fight emergencies that happen due to the coronavirus crisis. As this post tells about the […]

In order to determine the rules that will lead the internal affairs in a company, it is common to conclude the company’s charter. In fact, England and basically any other jurisdictions consider this document a mandatory to register a company. According to the Law on Companies, every company is supposed to have a basic charter. […]

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 […]

In 2019 the amendments to FIEA and PSA regulating cryptocurrencies were passed in Japan and will enter into force in 2020. These and other respective legislation are a necessity to be familiar with before starting a cryptocurrency company in Japan. Are you planning to open a crypto-asset exchange in Japan? You should get in touch […]

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 […]

Hong Kong has recently experienced the first cryptocurrency trading license foundation. A new virtual currency fund that buys and tracks Bitcoin prices has been established by Venture Smart Asia. Obtaining a crypto license in Hong Kong The financial industry of Hong Kong has been waiting for a long time for the fund on the HK […]

Despite not having special laws for virtual assets, cryptocurrency exchanges, or e-wallets, Portugal does have certain regulative measures towards virtual assets markets. Press releases The virtual assets industry is known for its unpredictability. That is why the financial regulators of Portugal have issued several press releases dedicated to risks and uncertainties related to working with […]

The reason for a thriving banking system in Hong Kong is mostly organized and effective regulation. Financial institutions in Hong Kong are controlled and regulated by the Monetary Authority (HKMA). The task of overseeing securities and futures transactions belongs to the Securities and Futures Commission (SFC) in HK. This brief review will be surely useful […]

In the Republic of Singapore, the main financial regulator MAS has recently stated that it will be controlling payments, in which payment tokens are used as underlying assets. Also, payment tokens in the approved exchanges will be regulated in Singapore. We will now discuss how Singapore regulates its derivatives market and how this supervision affects […]

It still can be hard for many people to differentiate tokens and their functions. It can be confusing since the whole concept is still relatively new. Let’s try to understand the differences between all of them and make a short summary. Blockchain is the base Firstly, it is impossible to understand how tokens actually work […]

In this article, we will discuss what functions and responsibilities a director has once they start a company, a holding, or a charity foundation and become the top executive. Legislative conditions The First Directive 68/151/EEC of the Council of the European Communities “On the coordination of guarantees required by member countries from companies within the […]

The company acquisition process may imply the purchase of the whole business or only buying shares from the company. The purchase of a full business in Malaysia can be performed really fast and trouble-free. Still, it is crucial to avoid the smallest errors that can cause unnecessary problems and to collect all the needed materials […]

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 […]

With the new rules for cryptocurrency regulation, it is becoming visible that Southeast Asia is concerned about AML / CFT rules compliance and the safety of transactions. Focusing more intensively on KYC and due diligence, the countries’ regulators from the Southeast Asian region are working on providing more complete and trustworthy regulations. In this article, […]

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 […]

As every startupper knows – it is essential to arrange the trademark before starting the business. The feature of trademarks is the fact that they are only protected on the territory where they were registered. Therefore, the big pro of registering a TM in the European Union is that the protection is valid in all […]

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 […]

According to a special code of conduct, all licensed individuals in HK SAR are expected to provide financial services exclusively in compliance with the mentioned code. In order for the services providers to obtain the corresponding license, they need to send an application to the SFC. This regulator in HK is responsible for granting financial […]

The Monetary and Financial Code as well as the Finance and Banking Act are the principal laws regulating banking in France. It should be taken into consideration that the Finance Act is not only valid for investment entities but also applies to lending establishment and their actions. Afterall, for those individuals who would like to […]

In Great Britain concluding the fintech deals is characterized by engaging many innovative firms and consumers. Recently, control over the sector was tightened by UK fintech regulators since there is a need to create M&A control mechanisms that would work more effectively. Regulation of digital markets Due to the never-ending and quick evolution of the […]

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 […]

Not only from European but even from the world prospective Malta can be fairly called one of the revolutionary countries in industries like crypto business and fintech. Malta’s second name has become a phrase ‘the blockchain island’ and many businessmen brought to life their dream of registering their crypto companies in Malta. The reason for […]

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 […]

Companies all over the world consider blockchain to be an extremely useful and multipurpose tool that could be able to upgrade their daily operations substantially. The reason behind this is the fact that engaging in cryptocurrency businesses in the United States and generally worldwide can be a potential for a development impulse for so many […]

Switzerland is nowadays viewed as a top-rated financial hub in the whole world. The main reason for that is the stability of its financial market. Swiss jurisdiction is amazingly attractive for investing thanks to the ease of many activities such as creating start-ups, establishing innovative foreign companies or registering SMEs. This article will be helpful […]

Every successful economy is built on reliable and efficient financial systems. Accordingly, extremely effective banking and other credit institutions manage competently the financial system of Sweden and make the state truly prosperous. The article would be useful for the ones planning to obtain a banking institution license in Sweden. How to obtain the license It […]

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 […]

The whole process of starting, organizing and supervising an investment-orientated fund, especially in Japan, can become truly complicated. In this article we will talk about different aspects of establishing a foreign investment fund under Japan’s jurisdiction. Please take this material rather as a source of information than legal advice. For concrete assistance about legislation for […]

ESMA has lately modified its AIFs and UCITS, which can be important to consider for individuals, who are working on obtainment of an AIFM license or starting an UCITS in the EU. The goal of the amendment is to harmonize ways in which managers of mentioned entities carry out fees for their activities. The new […]

According to recent legislation announced by the UK, individuals or a holding entity they are a part of that would like to purchase stakes or voting tights in British banking institutions are required to give advance notice to an authorized regulator in the UK, called PRA. Moreover, the regulator has to give a corresponding permission. […]

Unless the intellectual property is protected by its creator properly, it is actually very easy to steal. Intellectual property is a product of mental work and, therefore, can be easily taken advantage of. Wondering how to protect it correctly? With the purpose of proving that certain product truly belongs to you, it is necessary to […]

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 […]

ASIC, the major regulator of financial services in the Commonwealth of Australia, is responsible for ensuring conformation with all regulations in both corporate and consumer sectors. It also protects consumer rights and controls the credibility of the Australian financial system. Therefore, if one is planning to establish a financial company in Australia, they are required […]

Many enterpreneurs choose to create companies and open accounts in British banks for the purposes of an international business. The British jurisdiction is so attractive because firstly it is a very prestigious site and secondly it provides auspicious conditions for running a business. Let’s see how taxation in Great Britain is organized and especially how […]