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Jan 15, 2025 | 
herbertsmithfreehills.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
ICYMI UK Government's Latest Counter-Ransomware Proposals: Implications for Public Bodies, Businesses and Individuals December Data Wrap: A snapshopt of key regulatory developments EDPB issues Opinion on personal data in AI modelsBIS Innovation Hub: 2025-26 work programmeThe Bank for International Settlements (BIS) Innovation Hub has published an update which provides details of its 2025-26 work programme.
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Oct 2, 2024 | 
lexology.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
ICYMI More questions than answers? Thoughts on regulation of AI in the UK Cyber Blog – Data Centres to be classed as 'critical national infrastructure' in the UK Australia releases new mandatory guardrails and voluntary standards on AI – what you need to know UKFCA: Digital Sandbox Spring ExpoThe FCA has updated its Digital Sandbox page to report on its inaugural Digital Sandbox Spring Expo which took place on 25 April 2024 at the FCA's London office.
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Sep 18, 2024 | 
lexology.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
ICYMI Hong Kong proposes new cybersecurity law to enhance protection of critical infrastructure UKFCA panel publishes report on non-traditional payment mechanisms and BBAsThe Financial Services Consumer Panel (FSCP) has published a report which summarises the key findings of a consumer survey to explore understanding and use of non-traditional payment mechanisms and basic bank accounts (BBAs).
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Sep 4, 2024 | 
lexology.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
ICYMI Cyber security: A month in retrospect (Australia) - August 2024 Hong Kong Court ordered disclosure of accounts to maintain healthy operation of decentralised autonomous organisation (DAO) GlobalBCBS: Working paper – novel risks, mitigants and uncertainties with DLTsThe Basel Committee on Banking Supervision (BCBS) has published a working paper on novel risks, mitigants and uncertainties with permissionless distributed ledger technologies (DLTs).
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Aug 28, 2024 | 
lexology.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
ICYMI Malaysia introduces a new Cyber Security Act GlobalBIS Innovation Hub: Project Keystone – data analytics for ISO 20022The Bank for International Settlements (BIS) Innovation Hub has announced Project Keystone, an initiative in cooperation with the Bank of England (BoE) that will explore how technology can enhance the analytical use of ISO 20022 data. Two modules will be developed as part of the project.
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Aug 21, 2024 | 
lexology.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
ICYMI Navigating data protection under the new EU AI Act Global Privacy Enforcement Network findings around dark patterns Data Wrap July 2024 UK PSR: Response to call for views on expanding VRPs The Payment Systems Regulator (PSR) has published a response to its December 2023 call for views (CP23/12) which set out initial proposals on how the PSR could support the Phase 1 expansion of variable recurring payments (VRPs) to regulated financial services, regulated utilities sectors, and local...
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Jul 24, 2024 | 
lexology.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
ICYMI CrowdStrike/Microsoft outage The King's Speech: 40 policy bills, a gaping AI hole and a boomerang data bill EU AI Act Published: Key Takeaways GlobalBCBS: Final disclosure framework for banks' cryptoasset exposures and targeted amendments to cryptoasset standardThe Basel Committee on Banking Supervision (BCBS) has published the final disclosure framework for banks' cryptoasset exposures and targeted amendments to its cryptoasset standard, published in December 2022.
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Jul 17, 2024 | 
lexology.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
GlobalFATF: Update on implementation of Standards on VAs and VASPsThe Financial Action Task Force (FATF) has published a report providing a fifth targeted review of the global implementation of FATF’s Standards on virtual assets (VA) and virtual asset service providers (VASPs), including the 'travel rule'. It also includes updates on emerging risks and market developments relating to the use of VAs for money laundering, terrorist financing and proliferation financing.
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Jul 10, 2024 | 
lexology.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
ICYMI June Data Wrap: A snapshot of key regulatory developments Cyber security: A month in retrospect (Australia) - June 2024 GlobalBCBS consults on various technical amendmentsThe Basel Committee on Banking Supervision (BCBS) has published a consultation on proposals for technical amendments to the Basel Framework. The set of interpretative issues addressed in this document include, among others, cryptoasset exposures.
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Jul 9, 2024 | 
lexology.com | Cat Dankos |Rashid Ahmed |Vasuki Balasubramaniam
ICYMI High Court strikes out APP fraud claims against receiving payment service provider The IP in AI: Recent Updates and Developments GlobalBIS paper: AI and the economy – implications for central banksThe Bank for International Settlements (BIS) has pre-released a chapter from its 2024 Annual Economic Report on how artificial intelligence (AI) directly affects central banks, both as stewards of the economy and users of AI tools.
