Global | Publication | August 2019
On June 21, the Financial Action Task Force announced that it had adopted an interpretive note to its recommendation on new technologies to further clarify the applicability of the recommendations to virtual asset activities. It also issued guidance to assist countries and businesses on their AML/CFT obligations regarding virtual asset activities. In her International Banking column, Kathleen Scott discusses some of the major points of the new interpretive note and guidance.
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Most incidents handled by our Norton Rose Fulbright cyber team originate from the customer’s service provider. In many cases it is the service provider’s systems, infrastructure and environment which proves to be the most vulnerable to cyber breaches and security issues.
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We are teaming up with LawVu, a leading provider of legal workspace solutions, reflecting our shared commitment to supporting clients with tech-driven solutions to drive more efficient and effective ways of working.
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The judgment of <em>Chugga Chugg Pty Ltd v Privinvest Holding SAL</em> [2025] EWHC 585 (Comm) discusses important issues concerning renunciation and the classification of guarantees as instruments of primary or secondary liability.
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