29 July 2016

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An introduction to LegalTech or are Smart Contracts the end of Lawyers?

A couple of weeks ago I read an interesting article that predicted the end of the legal profession – at least as we know it. Since I’m a lawyer by training myself, I got both terrified and excited at the same time. What is LegalTech? LegalTech or Legal Technology, which simply means using technology and …

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European Banking Authority publishes 2016 EU-wide stress test results

The European Banking Authority (EBA) published today the results of the 2016 EU-wide stress test of 51 banks from 15 EU and EEA countries covering around 70% of banking assets in each jurisdiction and across the EU.  The objective of the stress test is to provide supervisors, banks and other market participants with a common …

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FCA advises on Financial Crime reporting

The FCA today issued Policy Statement “PS16/19: Financial Crime Reporting: feedback on Chapter 6 of CP15/42 and final rules”. In this Policy Statement, the FCA reports on the main issues arising from Chapter 6 of Consultation Paper 15/42 Introduction of financial crime reporting form and publish the final rules. In December 2015, the regulator consulted on a proposal …

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Chamber of Digital Commerce Launches Smart Contracts Alliance

The Chamber of Digital Commerce has launched the Smart Contracts Alliance (SCA), an industry initiative of leaders in the smart contracts ecosystem to promote the real-world application of this vital technology. Smart contracts have the potential to deliver greater efficiency, transparency and automation across industries. The SCA’s mandate is to educate and enhance the understanding …

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