Digital concept of graphs

Archive: June 2021

 Subscribe to June 2021

EBA report in RegTech

June 30, 2021

On 29 June 2021, the European Banking Authority (EBA) published an analysis of the current RegTech landscape in the EU.

EU – UK data transfers can continue: UK receives much welcome adequacy decision

June 28, 2021

The European Commission has today published a positive adequacy finding in respect of the UK’s data protection regime (the Decision).

ASIC seeks feedback for important updates to the ePayments Code and mandate its effect

June 26, 2021

ASIC has recently published a consultation paper seeking comments from stakeholders on a number of long-awaited updates to the ePayments Code (the Code), which has not been updated since 2010.

Global payments perspectives

June 26, 2021

The payments industry continues to expand and evolve, with increasing payment volumes, new payment technologies and infrastructure and continued change in consumer spending habits leading to rapid growth in recent years.

Norton Rose Fulbright advises on launch of UK Legal Schema for digital documents and the development of a UK SmartCo

June 26, 2021

Global law firm Norton Rose Fulbright has advised on the launch of a UK Legal Schema to provide a universal structured data format for the creation and interactivity of digital documents (including smart contracts).

ECON discusses amendments on MiCA, DORA and DLTR

June 23, 2021

On 16 June 2021, the European Parliament Committee on Economic and Monetary Affairs (ECON) held a meeting in which it discussed the main legislative proposals under the European Commission (Commission) Digital Finance Strategy.

Texas Department of Banking allows state banks to provide virtual currency custody services

June 22, 2021

The Texas Department of Banking announced on June 10, 2021 that Texas-chartered banks may provide virtual currency custody services.

The Payment and Electronic Money Institution Insolvency Regulations 2021

June 21, 2021

On 17 June 2021, there was published on the website The Payment and Electronic Money Institution Insolvency Regulations 2021 together with an explanatory memorandum.

The Artificial Intelligent Investor

June 21, 2021

Investor advice platforms, at both the retail and institutional level, have evolved in recent years – from the use of classic literature to expanded services offered by brick-and-mortar firms.

EIOPA publishes a report on AI governance principles for the European insurance sector

June 18, 2021

The European Insurance and Occupational Pensions Authority (EIOPA) has published a report called ‘Artificial intelligence governance principles: towards ethical and trustworthy artificial intelligence in the European insurance sector’.