30.04.2021. ASV – informācija par patiesajiem īpašniekiem

US Treasury financial regulator FinCEN has begun a consultation on implementing the strict new beneficial ownership reporting rules established by the Corporate Transparency Act (CTA).
The CTA requires FinCEN to maintain the reported beneficial ownership information in a confidential, secure, and non-public database. It also requires FinCEN to revise existing financial institution customer due diligence regulations concerning beneficial ownership to take into account the new direct reporting of beneficial ownership information.
FinCEN strongly encourages all interested parties, particularly those that would be affected by the beneficial ownership information reporting provisions or would seek access to reported beneficial ownership information, to submit written comments.
It expected that CTA is unlikely to have a significant impact on most Americans as its designed primarily to ban anonymous shell companies used for illicit purposes, and the primary effect of the CTA will be slightly increased reporting for small enterprises.
It also questioned if  the consultation should explicitly exclude from reporting requirements any group of entities that is not expressly exempted under the text of the CTA, such as the private funds industry and foreign public companies.

16.04.2021. Francijas rekordliels naudas sods samazināts, kad Latvijas Banka uzvar nodokļu apelācijā

Latvian lender Rietumu Banka won a 75% reduction in what was once France’s highest criminal fine for a company.
Rietumu, which had allegedly helped clients of a company-registration and advisory firm dodge taxes, will still have to pay 20 million euros ($23.6 million), down from the 80 million-euro penalty handed down four years ago.
Rietumu’s conviction in 2017 was the first sign that French fines were being ramped up as part of a crackdown on white-collar crimes following the creation of an elite prosecution unit, the Parquet National Financier (PNF).
The penalty was eclipsed just a year and a half later when the PNF secured a 3.7 billion-euro fine in court against UBS Group AG. The Swiss bank, accused of soliciting clients illegally and laundering the proceeds of tax evasion, has appealed and awaits a September ruling from the same panel of judges as in the Rietumu case.
Rietumu was also barred from operating in France for five years by the Paris court of appeals, confirming the 2017 ruling on that point.

9.04.2021. VISA ļaus norēķināties, izmantojot kriptovalūtu

VISA informed that it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
The company told that it had launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year.
Bitcoin, the most popular crypto coin, jumped rising as much as 4.5% to $58,300.
The USD Coin (USDC) is a stablecoin cryptocurrency whose value is pegged directly to the U.S. dollar.
VISA move comes as finance firms including BNY Mellon, BlackRock Inc and Mastercard Inc take steps to make more use of cryptocurrencies for investment and payment purposes.

1.04.2021. Latvijā kā banka darbību uzsāk Revolut

Globālā finanšu platforma Revolut februārī, ir aktivizējusi savu Eiropas specializēto bankas pakalpojumu licenci Latvijā.
Revolut klientiem Latvijā būs pieejami aizsargāti noguldījumi atbilstoši noguldījumu garantiju sistēmai. Papildu pakalpojums klientiem būšot pieejams, veicot Revolut lietotnes atjaunināšanu uz Revolut Bank.
Līdz šim uzņēmums “Revolut Group” kopumā ir piesaistījis gandrīz vienu miljardu USD ieguldījumu, un pēdējā laikā tā vērtība sasniegusi 5,5 miljardus USD. Piecu gadu laikā Revolut esot piesaistījis vairāk nekā 15 miljonus klientu visā pasaulē.
Revolut Bank Ltd ir izdota specializētās kredītiestādes licence Lietuvā un pamatuzraudzību šai bankai veic Lietuvas Banka.
Revolut savu darbibu uzsāka 2015 gadā uzsāka Apvienotajā Karalistē, piedāvājot naudas pārskaitījumus un valūtas maiņu. Šobrīd Revolut esot 15 miljoni klientu visā pasaulē, kopumā mēnesī veicot vairāk nekā 100 miljonus darījumu.

26.03.2021. Šveice, FlowBank izveidojusi aplikāciju globālā tirgus piekļuvei

Geneva-based FlowBank has launched an app that connects investors of all types and levels of experience to the global financial markets in an ‘intuitive’ way.
Offering fractional shares plus access to bitcoins, users can now make more out of their money, the bank said.
For experienced and professional traders, the FlowBank app adds to their existing access to FlowBank Pro (formerly known as FlowOne), one of the most sophisticated yet user-friendly multi-asset-trading platforms on the market.
Charles-Henri Sabet, founder of FlowBank, explained:
“We want to give our clients the peace of mind they deserve when it comes to their money. As a Swiss bank, we impose the highest standards in terms of security and privacy on ourselves.”
This promise also entails the full protection of deposits up to CHF 100,000 as foreseen by the Swiss Financial Market Supervisory Authority (FINMA).
FlowBank said the app offers competitive exchange rates and low commissions, allowing clients to minimize their costs.
For a limited time, major Swiss stocks (SMI) as well as US shares can be traded at zero commission.