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Burges Salmon advises Gemba on milestone VR funding

The firm has advised VR workforce training leader Gemba on its $18 million Series A fundraising to become the go-to learning platform on the Metaverse

UK Crypto Proposals: registered firms win breathing space over financial promotions

The government’s approach concerned the industry.

Understand ransomware payment risks before incidents happen, says expert

Businesses can apply to the OFSI for a licence that enables them to undertake activity that would otherwise constitute a breach of financial sanctions.

English Court of Appeal to hear trailblazer case over fiduciary duty of bitcoin developers

The eventual ruling in the case will clarify serious issues in a developing area, potentially create another avenue of redress for victims of crypto fraud and may well divide the international crypto community, legal experts have said.

Regulatory sandboxes can support UAE’s digital economy ambitions

It cites the ease of doing business, access to talent and capital, competitive tax incentives and a central base for global operations as reasons why Dubai-based start-ups attract more than half of funding for start-ups across the Middle East and North Af

Withers tech advises insect technology company Entocycle on $5 million Series A investment

The group uses computer vision, automation and machine learning to monitor insects and help them to develop and reproduce.

National Centre for Cyber Security Guidance for Small Charities

There are other resources available as well: an e-learning package on cyber security for small charities, that is free to use.

Hong Kong to launch new licensing regime for virtual asset service providers

The primary objectives of this licensing regime are to combat money laundering and terrorist financing

Cybersecurity and data are key disputes concerns in 2023 says new survey from Baker McKenzie

45% of respondents see the economic cycle as posing the greatest threat to their organization in terms of increased exposure to disputes, whilst 38% saw stock market volatility as a key driver.

2023 Predictions: Technology sector outlook

Forbes predicts that the metaverse will add $5 trillion to the global economy by 2030, with 2023 the ‘defining’ year for its direction.

What the UK’s six AI principles mean for financial services

Undertaking an AI audit and assessing how AI use aligns with business objectives are just two of the measures that firms should consider to best prepare themselves for the new regulatory regime.

International Fintech Review 2022/23: The UK Fintech Scene

Burges Salmon’s Fintech team author UK chapter of the International Fintech Review, covering the UK Fintech landscape and wider trends in the market

Baker McKenzie Mexico Wins National Innovation and Privacy Award 2022

The award will be presented to the Baker McKenzie Mexico team in a formal ceremony at the DPA offices on International Privacy Day, 24 January 2023.

Innovation and technology opportunities increasing in Hong Kong

This will encourage more companies to get involved in the sector and to grow innovation in biomedicine, green tech and sustainability.

How will technology influence the future of work?

Technology has been used in workplaces for many years and has been at the forefront of the move away from traditional employment models

European Commission Proposes Reform on Liability Rules for Artificial Intelligence

The directives aim to assist claimants in proving the causation of damages and product defectiveness in complex AI systems, creating legal certainty for providers.

US Treasury Report Addresses Impact of Fintech-Bank Partnerships

Evidence also suggests that these firms have expanded consumer access to credit, payment solutions, and low-cost bank and transaction accounts.

New Crypto Token Regime by the DFSA

The new Regime supplements the DFSA's existing Investment Tokens regime that was introduced on October 25, 2021.

NIS: UK cyber reforms to impact tech providers

The UK NIS Regulations, which took effect in 2018 and originally derived from EU law, provide for two separate regimes of cybersecurity regulation

Carey Olsen recognised as a leading offshore law firm for FinTech in Chambers 2023

Carey Olsen was also ranked Band 2 in the Cayman Islands