Banking is evolving at a faster pace than ever before.As technology evolves and new ways of doing business become available, it is important to understand how the financial system works and to make sure you’re up-to-date with the latest financial services and consumer protections.But, as with any industry, there are always new things to learn.In…
Tag: shawbrook for intermediaries
New bank set to launch in Taiwan with bitcoin futures
The first bitcoin futures contract launched in Taiwan is set to begin trading on Wednesday.Shawbrook, a bitcoin futures exchange, will operate as a subsidiary of Bitmain, the world’s largest bitcoin trading platform.Bitmain’s platform operates in 19 countries and has more than 6,000 traders.Bitcoin futures contracts will be offered for the first time in Taiwan after…
1031 intermediary brand defined
The 1031 intermediary brand definition (ICBD) defines a specific brand of intermediaries as any entity that performs the services of another entity, whether for remuneration or not.The ICBD defines intermediaries in the following terms: (1) the intermediary entity, or the entity that is its representative or agent; (2) the intermediary, or an agent, if a…
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