11/03/2021
China applies to join digital economy trade deal
The law is part of its attempts to “set global standards for the digital sphere”, said the South China Morning Post.
FinTech
10/28/2021
Cybersecurity depends on simple, accessible processes
Human error may have contributed to the many hundreds of other data breaches the ICO has published details about, such as those linked to malware or ransomware attacks or individuals gaining unauthorised access to data.
10/22/2021
Cryptoasset investment fraud: inside the investigation
Cases are on the rise and the value of misappropriated assets increasing.
10/19/2021
Italy launches a sandbox platform allowing the tokenisation of investment alternatives for institutional and retail investors
At global level, we are seeing the launch of various projects aimed at using DLT and security tokens, including the integration of security tokens into the security value chain, such as Polymath, Swarm and the Italian companies Blockinvest and WizKey.
10/18/2021
Cryptoasset investment fraud: inside the investigation
In many respects, Pinto acknowledged, cryptoasset frauds can be no different to classic investment scams or Ponzi schemes.
10/13/2021
Investors are Paying Attention to Class Action Settlements. Are Their Advisers?
Overall, we are watching asset recovery trends continue upwards.
10/12/2021
Technology sector offers economic and employment opportunity for Bermuda
Steven, who is chairing a virtual breakout session, 'Living, Employed and Deployed in Tech Central', at this week's Bermuda Tech Summit (13 – 15 October), said there was a misconception that job creation would be limited and only avai
10/12/2021
DOJ Fires Shots Across the Bow; Announces Two Major Cyber Initiatives
The first announcement is that the DOJ will be launching its own Cyber-Fraud Initiative and will pursue civil charges against companies that act as government contractors and fail to meet cybersecurity requirements.
10/08/2021
How AI in financial services is regulated in the UK
Deploying AI in the financial sector requires careful consideration of the existing regulatory framework.
10/06/2021
Technology & Innovation: Recent Developments in Africa
The roll-out of 5G is commencing in Nigeria, and is continuing to be rolled out in other countries like South Africa and Kenya.
09/30/2021
Carey Olsen announced as sponsor of Bermuda Tech Summit 2021
Other topics to be discussed at the summit, which is hosted by the Bermuda Business Development Agency, include the future of money through blockchain, the transformative power of decentralised finance, the influence of digital identity in financial servi
09/27/2021
Europe’s unicorns come of age—COVID-19 lockdowns drive customer familiarity, utilisation and reliance on fintech
Banks will still have the appetite for fintech M&A in 2021, but the economic uncertainty created by the COVID-19 pandemic will make them more cautious in their deal-making. S&P Global (January 2021)
09/21/2021
US to target cryptocurrency firms involved in ML
The US government is reportedly set to prepare an array of actions, including sanctions to deter cryptocurrency firms getting involved in ransomware and laundering.
09/21/2021
Taxation of cryptoassets: location, location, location
Cryptoassets are decentralised, meaning they are specifically designed not to have a location.
09/09/2021
Coinbase Slams ‘Regulation By Litigation’ As SEC Threatens To Sue Over Lending Product
Grewal said the regulator considered Lend, which allows users to earn interest on digital assets, a security, a designation the company does not agree with.
09/08/2021
How Digitisation Can Lead to Real Change in Africa’s Competition Laws
As a result, competition authorities are increasingly presenting novel theories of anticompetitive harm, which
09/08/2021
Digital estate planning service launches
With the shift towards a paperless society, he said it has become difficult to know what exists.
09/07/2021
EBRD launches SME online platform with legal and business guidance
The platform also provides businesses with legal guidance in corporate, employment and insolvency law, areas in which small business have strong demand for know-how and information.
09/03/2021
UK prioritises US data transfers agreement
The government’s plans in relation to bolstering international data transfers also include the formation of a new International Data Transfers Expert Council.
08/31/2021
Lessons learned: Cybersecurity trends in the US – Insights from in-house practice plus do’s & don’ts
These attacks affect all sectors including critical infrastructure and demonstrate the vulnerability of the world's largest economy in key economic sectors like finance, energy, food, and health.