FinTech Pulse podcast
In our ‘FinTech Pulse’ monthly podcast we explore the latest global news, regulatory developments, trends and hot topics in the Fintech sector. Hosts Sean Murphy (Global Head of FinTech, London) and Catherine Hagerty (Partner, San Francisco) will be joined by our FinTech lawyers and leading industry experts from around the world to discuss their insights on everything FinTech from crypto assets and open banking to AI and blockchain, with special feature editions on InsurTech and the payments landscape.
How to listen
Episode 9 | Regulation of FinFluencers, using blockchain in securitization, Hong Kong crypto regulation, FinTech in France, Crypto lending, crypto asset funds.
- Kate Green (Partner, Sydney) and Mrithula Shanker (Associate, Sydney) discuss the regulatory crackdowns recently introduced by ASIC, the Australian Securities and Investments Commission, that Finfluencers providing financial advice without a financial services licence would be subject to.
- Andrew Lom and Patrick Dolan (Partners, New York) explore the use of blockchain, smart contracts, crypto, token offerings and NFTs in securitization.
- Etelka Bogardi (Partner, Hong Kong) and Amy Chung (Partner, Hong Kong) provide an update on regulatory developments in the crypto space in Hong Kong.
- Sebastien Praicheux (Partner, Paris) and Clemence Durand (Associate, Paris) explore FinTech developments in the French market.
- Elana Hahn (Partner, Toronto) Xavier Foccroulle Menard (Associate, Montreal) provide a whistle stop tour of crypto lending and the use of crypto assets as collateral.
- Caroline Herkstroter (Partner, Frankfurt) and Ute Brunner-Reumann (Counsel, Frankfurt) discuss the growing interest in crypto asset funds in the German market, the type of funds which are being developed and to what extent they are regulated.
Special edition | Terra Luna collapse
In this special edition, we provide a 10 minute deep dive into the Terra Luna collapse, exploring what happened, why it matters, and a brief 101 on stablecoins. We hear from Sean Murphy and Hannah Meakin in London, and Andrew Lom in New York.
Episode 8 | BlockFi’s $100m fine, United Arab Emirate crypto regulation, smart legal contracts, the UK’s new NSI regime.
- Andrew Lom and Mayling Blanco (Partners, New York) discuss BlockFi Lending’s recent $100m fine imposed by the SEC and what it means for the future of crypto products.
- Victoria Birch and Caroline Thomas (Partners, London) explore the potential impact on the FinTech sector of the UK’s new National Security and Investment regime.
- Geoffroy Hermanns (Counsel, Dubai) and Adjou Ait Ben Adir (Partner, Dubai) discuss the FinTech landscape and the current status of crypto regulation in the UAE.
- Adam Sanitt (Knowledge Director, Digital and Innovation, London) and Jonathan Hawkins (Associate, London) discuss a recent investigation by the UK law commission into how the current law of contract applies to smart legal contracts.
Special edition | Crypto-asset regulation around the world
In this special edition, our lawyers discuss how crypto assets are regulated in various jurisdictions around the globe. We hear from Etelka Bogardi in Hong Kong, Jeremy Wickens in Australia, Glen Barrentine in the US, Albert Weatherill in the UK and Nikolai de Koning in the Netherlands.
Special edition | 2022 FinTech predictions with Sandra Ro, CEO of the Global Blockchain Business Council
In this special edition our global head of FinTech, Sean Murphy, is joined by Sandra Ro, CEO of the Global Blockchain Business Council, FinTech entrepreneur, angel investor and former executive director of digitization at CME Group, to discuss the latest FinTech trends and her 2022 predictions for NFTs, Web 3.0, CBDCs and the regulatory landscape.
Episode 7 (December 2021) | FATF’s new rules and guidance on virtual assets and VASPS in the UK, EU and the US, Stablecoin Report recently issued by the US President’s Working Group, benefits to the FinTech sector of Singapore's new copyright act.
- Hannah Meakin (Partner, London) and Anna Carrier (Senior Government and Regulatory Affairs Advisor, Brussels) provide an update on the Financial Action Task Force’s (FATF’s) new travel rule and its impact on virtual assets and VASPs in the UK and the EU.
- Andrew Lom (Partner, New York), Kim Caine (Partner, Washington DC) and Rachael Browndorf (Associate, Denver) provide an update on FATF’s recently issued guidance on virtual assets as well as the Stablecoin Report recently issued by the US President’s Working Group.
- Sian Smith, (Associate) and Jessica Paulin (Senior Associate, Singapore) explore how the changes to the copyright act in Singapore will benefit the FinTech sector, in particular in relation to data mining.
Special edition | FinTech masterclass for Asian investors considering market entry into Europe and the US.
In this special edition, FinTech lawyers Etelka Bogardi (Partner, Hong Kong), Frank Henkel (Partner, Germany), Andrew Lom (Partner, New York) and Victoria Birch (Partner, London) discuss what FinTechs looking to expand by way of acquisition should bear in mind, with a particular focus on Asian FinTechs considering market entry in Europe and the US. They provide insights on:
- The trends in FinTech investment and M&A;
- Asian investors’ appetite in FinTech companies in the US, Europe and the UK as well as the challenges Asian purchasers face when attempting to invest in these markets; and,
- Top tips for participating in highly competitive auction processes.
Special edition (November 2021) | Digital assets and cryptocurrencies in the insurance sector
In this latest InsurTech podcast, Madeleine Bailey and Peter McBurney (co-hosts of Technology Consulting NRF) are joined by James Croome, Fine Art and Specie Underwriter at Arch Insurance to discuss digital assets and cryptocurrencies in the insurance sector. They explore the risk management protocols and assessments for cryptocurrency cover, the viability of insuring the custody of private keys, and the future evolution of the cryptocurrency insurance market.
Special edition (November 2021) | Parametric insurance for the 21st century with René Papesch, Co-Founder and CTO of Riskwolf
In this special InsurTech edition, Tim Chan (Associate, Sydney) is joined by René Papesch, Co-Founder and CTO of Riskwolf. René and Tim discuss how parametric products are being applied to emerging risks in the digital economy. We explore the nature of connectivity risks in light of recent high profile outages and the insurance industry’s progress towards insuring such losses. We also discuss how parametric products can bridge protection gaps in a world which has never been more connected.
Episode 6 (November 2021) | China crypto clampdown and update on data protection regulations, the US payments landscape, crypto regulatory developments in South Africa, liability schemes in outsourcing and tech contracts.
In this month’s episode:
- Etelka Bogardi (Partner, Hong Kong) and Ai Tong (Counsel, Shanghai) provide an update on the latest crypto clampdown in China and what it means for crypto service providers operating in China, as well as offshore service providers.
- Stephen Aschettino (Partner, New York) explores the US payments landscape with Simon Lovegrove (Global Director of Financial Services Knowledge, London).
- Desiree Reddy and Nerushka Bowen, (Directors, Johannesburg) discuss recent crypto regulatory developments in South Africa.
- Stella Cramer, (Partner, Singapore) and James Russell, (Partner, London) talk about the key takeaways from our recent global survey on liability schemes in outsourcing and technology contracts.
- Anna Gamvros (Partner, HK) and Lianying Wang (Associate, Beijing) provide an update on the recent developments in Chinese data protection regulations.
Special edition (October 2021) | Open Sesame to Open Insurance with Brenton Charnley, Head of Australia at TrueLayer
In this special InsurTech edition, Tim Chan (Associate, Sydney) is joined by Brenton Charnley, CEO (Australia and New Zealand) at TrueLayer. TrueLayer is a global open banking platform with customers across Europe, the UK, and Australia. Brenton shares his experience and insights into open finance – how it is relevant for the insurance industry as well as the roll out of Australia’s consumer data right which could enable open insurance. We also explore potential use cases and some ethical challenges which could arise from open insurance.
Special edition (September 2021) | The greening of Bitcoin mining with Chase Lochmiller, CEO of Crusoe Energy
In this special edition of FinTech Pulse, Santo Manna (Senior Counsel, New York) is joined by Chase Lochmiller, CEO of Crusoe Energy to discuss the greening of Bitcoin mining. Crusoe is pioneering an environmentally friendly way to deal with the energy footprint of Bitcoin mining by capturing flared gas from oil and gas fields - through its patented digital flare mitigation systems - to power crypto mining operations. Santo also discusses with Ai Tong (Counsel, Shanghai) the latest developments on the crackdown on cryptocurrencies and bitcoin mining operations in China, the current attitude of the US government towards bitcoin miners and how cryptocurrencies are regulated in the US.
Episode 5 (August 2021) | The metaverse explained, intellectual property and NFTs, the latest on Chinese data protection regulations
In this month’s episode:
- Santo Manna, (Senior counsel, New York) and Farrah Mukaddam, (Counsel, London) discuss the IP and licencing considerations relating to NFTs;
- Anna Gamvros, (Partner, HK) and Lianying Wang, (Associate, Beijing) provide an update on the latest developments in Chinese data protection regulations; and,
- Michael Sinclair (Knowledge Director), Lara White (Partner, London) and Sean Murphy (Partner, London) explore the concept of the Metaverse and the legal and regulatory issues that could arise in relation to the Metaverse.
Special edition (July 2021) | The African payments landscape
In this special edition, Victoria Birch (Partner, London) discusses with Desiree Reddy (Director, Johannesburg), Nariman Ertem (Counsel, London), Mark Maurice (Senior associate, London) and Zahra Sachedina (Associate, London) the African payments landscape, exploring why mobile payments have been so successful, the regulatory landscape supporting payments, why it is an attractive market for payments and telecoms companies and what the future holds.
Episode 4 (July 2021) | NFTs, the Mexican FinTech market, Binance, the UK’s BNPL landscape, German standard amendment clause update.
In this month’s episode:
- Andrew Lom (Partner, New York), Farah Mukaddam (Counsel, London) and Rachael Browndorf (Associate, Denver) discuss NFTs covering:
- What are NFTs?
- What are their use cases?
- What rights do you get when you buy an NFT?
- Can they be securities?
- Mario Piana Yanez (Partner, Mexico City) talks about the FinTech market in Mexico.
- Albert Weatherill (Counsel, London) and Simon Lovegrove (Global Director of Financial Services Knowledge, London) discuss the UK’s Financial Conduct Authority recent announcement regarding Binance’s activities in the UK.
- Matt Gregory (Counsel, London) and Arup Sen (Senior knowledge lawyer, London) discuss changes to the UK’s buy-now-pay-later landscape.
- Michael Born (Counsel, Frankfurt) and Corinna Baltzer (Counsel, Frankfurt) discuss a recent judgement of the German Federal Court of Justice on standard amendment clauses.
Special edition (July 2021) | The state of all things innovation and InsurTech in the Insurance sector
In this special edition of FinTech Pulse, Madeline Bailey, co-head of Technology consulting is joined by one of the most influential women in European InsurTech, Parul Green, Board member of Insurtech Board, HM Treasury and Chief of Staff, APAC and Europe at AXA XL, to discuss the state of all things innovation and InsurTech in the Insurance sector.
- The trends in insurance that are driving technology innovation and interest in Insurtech;
- What makes the UK an attractive jurisdiction for start-ups and scale ups who are looking to get access to the key markets such as Lloyd’s of London and global insurers who have a UK presence;
- How insurers are reacting to the threat of disruption;
- The pivotal technologies that are enabling insurers to better respond to the changing nature of risk; and
- Whether start-ups are starting to occupy a more disruptive space now that we are seeing the mega VC rounds and later stage funding getting traction.
Special edition (June 2021): Navigating global crypto-custody legal and regulatory requirements and using crypto-assets as collateral
In this special edition of FinTech Pulse members of our global FinTech regulation team compare notes on their jurisdiction's approaches to crypto-custody and the use of crypto-assets as collateral, in particular:
- How the law in various jurisdictions categorises crypto-assets and what does that mean for their custody?
- Do you need a regulatory licence to hold crypto-assets and what types of licence are possible?
- Are there any key rules that apply to crypto-custodians in the various countries?
- What are the key issues on using crypto-assets as collateral?
- What issues might arise when providing a crypto-custody service cross border to clients in multiple jurisdictions?
Episode 3 (June 2021): China – what recent regulatory developments mean for crypto and embedded finance; tracing cryptocurrencies; German FinTech landscape; UK Law Commission’s call for evidence on digital assets
This month we’re joined by:
- Etelka Bogardi (Partner, Hong Kong) and Ai Tong (Counsel, Shanghai) who provide an update on the recent regulatory statements about cryptocurrency in China and Hong Kong.
- Harriet Jones-Fenleigh (Partner, London) who interviews Tim Chapman (Vice President of Sales at Elliptic) about the tracing of cryptocurrencies, particularly in the context of disputes and investigations.
- Adam Sanitt (Knowledge Director, Digital and Innovation, London) who provides an update on the UK Law Commission’s crypto asset consultation and its recommendations regarding the property status of cryptocurrencies.
- Frank Henkel (Partner, Munich), Caroline Herkstroter (Partner, Frankfurt) and Ute Brunner-Reumann (Counsel, Frankfurt) who discuss the FinTech landscape in Germany.
- Finally, we go back to China and Hong Kong for an update from Etelka Bogardi and Ai Tong on the crackdown there on so-called embedded finance.
Episode 2 (May 2021): European AI regulation; SPACs in the FinTech sector; the UK and FinTech post-Brexit
This month we’re joined by:
- Jay Modrall (Partner, Antitrust and competition, Brussels) and Peter McBurney (Co-head of Technology Consulting, London) who discuss the potential impact of the recently proposed European AI regulation;
- Tom Vita (Partner, Corporate finance, London) and Trevor Pinkerton (Partner, Corporate, Houston) who talk about the increasing use of special purpose acquisition companies (SPACs) in the FinTech sector and why a SPAC might be a viable alternative to a IPO; and
- Hannah Meakin (Partner and co-head of FinTech regulation, London), Albert Weatherill (Counsel, Financial services regulation, London) and Matthew Gregory (Counsel, Financial services regulation, London) who consider what makes the UK an attractive market for FinTechs to expand into and the related regulatory considerations.
Episode 1 (April 2021): FinTech and digital strategies in the UK and US; cryptocurrencies and CBDCs
This month we’re joined by:
- Don Tapscott, CEO of the US Blockchain Research Institute who talks about the report he co-authored making recommendations on the future digital strategy of the US for the Biden-Harris administration with Ron Smith (Partner, Dallas);
- Philippa Martinelli, FinTech advisor to the UK Department for International Trade who discusses the Kalifa review with Hannah Meakin (Partner, London) and Clementine Hogarth (Partner, London);
- Etelka Bogardi (Partner, Hong Kong) and Ai Tong (Senior Associate, Shanghai) who discuss the future of cryptocurrencies and Central Bank Digital Currencies in China; and
- Lisa Lee Lewis (Head of risk consulting advisory, EMEA) and Alina Rotari (Compliance executive, London) compare regulatory trends across various jurisdictions relating to registering cryptoasset businesses.