11/19/2021
Putting more pep in your PPM
Private equity comes with its own lexicon.
FinTech
11/16/2021
SBAI Publishes a Guide to Operational Due Diligence of Crypto Assets
Crypto assets were once the purview of retail investors
11/15/2021
Alert on the PSR’s final report into the card-acquiring market
As the cost of card-acquiring services could be reflected in prices and services offered to consumers, the PSR was concerned if the supply of these services was not working well for merchants it would ultimately impact consumers.
11/12/2021
BVI decrypts the legal status of cryptoassets
After a number of unauthorised trades causing significant losses including potential creditor claims from its 14,000 customers, trading was suspended.
11/04/2021
Hogan Lovells collaborates with Afritech XYZ, Novartis, and Citibank
In October 2020, Novartis reached out to the firm about the possibility of collaborating on a global pro bono project focused on Africa.
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.
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.