03/10/2022
Opening of consultation on FINMA Ordinance on Data Processing
The FINMA Ordinance on Data Processing details how FINMA processes data in the context of fulfilling its statutory duties.
Legal,Regulation,Tax & Compliance
03/10/2022
State Street to enter digital custody business with Copper.co
State Street began embracing the shift to decentralised finance in June last year with the creation of a new division specifically to engage with digital assets
03/10/2022
Wolters Kluwer to acquire IDS
IDS will become an integral part of GRC’s Compliance Solutions business
03/10/2022
China Issues New Rules on Cybersecurity Review for Network Platform Operators Listing Abroad
Under the new rules Chinese NPOs holding more than 1 million individuals’ personal information must apply for a cybersecurity review prior to listing abroad.
03/10/2022
China Issues New Rules on Cybersecurity Review for Network Platform Operators Listing Abroad
Under the new rules Chinese NPOs holding more than 1 million individuals’ personal information must apply for a cybersecurity review prior to listing abroad.
03/10/2022
Slaughter and May is advising IWG plc on the merger of its digital assets with The Instant Group
The merger is being effected with a view to listing the merged businesses by the end of 2023 via a listing on the US or UK markets. CORPORATE
03/10/2022
More Cookie Banners to go: Second wave of complaints underway
In an obvious "spill over" effect, even websites that were not targeted by noyb have changed for the better.
03/09/2022
Data management for regulatory reporting: Key themes, challenges and solutions for 2022
To prevent this issue, regulators now want to engage in open dialogue and collaboration with the firms they oversee to ensure compliance.
03/09/2022
White House lays out ground rules for digital assets
This history underscores the need to build robust consumer and economic protections into digital asset development.
03/09/2022
EU Data Act: new rules for data exchanges between businesses, users and third parties
The Commission said it expects the new rules to add €270 billion to the EU's gross domestic product by 2028.
03/08/2022
Artificial intelligence innovation among private banking industry companies has dropped off in the last year
Figures for patent grants related to AI followed a similar pattern to filings – shrinking from 97 in the three months ending January 2020 to 17 in the same period in 2021.
03/08/2022
Sygnum Singapore secures in-principle approval to expand regulated activities
Singapore continues to be a welcoming destination for trusted financial institutions seeking to meet the growing demand for regulated digital asset financial services
03/08/2022
Company Law and Corporate Governance – The Importance of Planning
Being attentive, alert and razor sharp at all times is difficult to achieve, so we use tools to help us stay organized and up to date with our everyday assignments or special projects.
03/08/2022
Hank Payments Becomes a Member of the North American Financial Data and Technology Associations (FDATA)
FDATA provides its members with a collective seat at the industry negotiation table on several policy working groups, expert advisory groups, and task forces related to Open Banking.
03/07/2022
OBIE supports FCA delay on scrapping open banking’s ‘90-day’ rule
The FCA said it would shift the requirement to reauthenticate consent every 90 days from the user to the third-party provider accessing the service.
03/07/2022
Singapore to Impose Restrictions on Russian Financial and Crypto Transactions
The decision comes amid officially expressed concerns that Moscow’s invasion of Ukraine is a threat to the security of small states around the world.
03/07/2022
Cryptocurrencies are property, Singapore court rules, as it freezes US$7m in 'stolen' crypto
The judge also granted a worldwide mareva injunction that freezes up to US$7.09 million of the defendants' assets.
03/07/2022
Conyers advises on US$575 million acquisition of Finaro
Partner Anton Goldstein and Counsels Nicholas Kuria and Rachael Pape of Conyers’ BVI office advised on the transaction, working alongside Herzog, Fog & Neeman.
03/06/2022
Former Redcentric CFO sentenced to five and a half years imprisonment
When the true position was revealed, shareholders suffered immediate losses in the value of their shares.
03/03/2022
Over 1.2 million customers affected by Hong Kong data breaches
Whilst third party forensic experts can help to investigate the incident, lawyers are also required to manage the consequences faced by companies as a result of the non-compliance with the applicable data protection legislation.