10/13/2023
Australia moves to give RBA oversight of Apple Pay
The draft legislation is now open to public consultation and is expected to be introduced to parliament later in the year.
Legal,Regulation,Tax & Compliance
10/12/2023
Can ChatGPT answer my employment questions?
To give it some credit, the bot did tell me with each answer it gave that I should seek guidance from legal experts who could advise on my individual situation.
10/12/2023
FCA fines and bans former Barclays CEO James Staley
The letter from Barclays to the FCA also claimed Mr Staley ceased contact with Mr Epstein well before he joined Barclays.
10/11/2023
France’s ‘Cyberscore’ law impacts online platforms
The draft order sets out the criteria, presentation methods, and rating system applicable to services for calculating the Cyberscore.
10/11/2023
Cooley #1 in League Tables for Artificial Intelligence Transactions
Firm ranks first overall in venture capital and M&A by deal value, deal volume
10/11/2023
FCA issues over 100 alerts in first day of new crypto regulation
The FCA is continuously updating a warning list of non-compliant firms to better protect consumers from illegal promotions
10/11/2023
Calls for AI regulations to protect jobs rise in Europe after ChatGPT’s arrival
“The most common fear is the potential for job loss,” Ikhlaq Sidhu, dean of the IE School of SciTech at IE University
10/09/2023
Komainu scores FCA crypto registration
We are perfectly positioned to take advantage of the growing digital asset ecosystem in the UK
10/09/2023
Carey Olsen advises Mauve on becoming the first regulated non-custodial virtual assets exchange
The Carey Olsen team was led by partner Chris Duncan and included attorney Nicholas Vasic and articled clerk Charlotte Crang.
10/09/2023
CMA Investigates UK Cloud Services Market After Ofcom Reveal Concerns About Providers
Ofcom’s report also outlines concerns it has heard about the software licensing practices of some cloud providers, in particular Microsoft.
10/06/2023
NAB implements cash mangement tech from Trovata
Troata is a US startup that specialises in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation.
10/06/2023
Blackbaud agrees to $49.5m settlement over massive data breach
This settlement stems from a significant 2020 data breach, which exposed sensitive details from approximately 13,000 nonprofit entities.
10/05/2023
Ripple obtains in-principle regulatory approval in Singapore
Ripple experienced unprecedented business momentum for ODL globally in 2022 - with a majority of this growth driven by its Singapore operations.
10/05/2023
Brazil’s Itaú stirs fintech competition in Chile with neobank offering
This move echoes the trend of traditional banks venturing into the digital realm in response to mounting competition from digital-only financial providers.
10/02/2023
Alipay+ Launches in Saudi Arabia to Better Connect Local Businesses to Asian Tourists
Alipay+ is now available in over 50 markets outside China across Asia, Europe, as well as the Middle East.
10/02/2023
Distributed Technologies Research licences Dirham-backed stablecoin technology
Global law firm Decherts LLP acted as a legal advisor to DTR and the DRAM Trust for structural and regulatory matters.
09/29/2023
ECB experiments with ChatGPT-style AI
A large language model can also help improve texts, making the ECB’s communication easier to understand for the public.
09/29/2023
Zumo launches first platform that meets new FCA requirements for crypto assets
The FCA’s new regulations mandating enhanced consumer protection measures is coming into place on 8 October
09/28/2023
Implementing Saudi Arabia's personal data protection law
The Implementing Regulations and the Personal Data Transfer Regulations both expand on the general principles
09/28/2023
Belfast-based Options Technology posts pre-tax profit of £10m
Its growth has been backed by a $100m investment in 2019 by Boston-based Abry Partners.