Week 16 – Research At A Glance
This week, we found a range of notable research on fintech growth, bitcoin and crypto crime, banking and digitization, Islamic Finance, and Asian markets. Fintech Growth Finance for Fintech -London Stock Exchange & TheCityUK This joint collaboration between TheCityUK and the London Stock Exchange gives insights into global fintech sector growth. The report is based […]
Expert Insights: The European Commission launches new crowdfunding regulation
Anne Hakvoort is a Dutch law attorney and partner with the boutique law firm FG Lawyers specialising in Dutch financial, regulatory and securities laws with a special focus on Fintech and alternative financing structures, including blockchain applications, ICOs, cryptofunds, crowdlending, crowdinvesting, peer 2 peer lending, credit unions and debt sales. Her areas of expertise include equity and debt […]
What will the proposed new EU digital services tax do?
Holland FinTech member, Clifford Chance, has published a report assessing the legal impact of the proposed new EU digital services tax. The regulation, if passed into law, will affect unintended targets, the global law firm says. This is indeed a surprising breadth of application. The law The proposed pan-EU Digital Services Tax (DST) from the […]
Bitcoin price rises after G20 regulators discuss crypto regulation
On March 20, the member nations present at Argentina’s G20 Summit announced an agreement to examine cryptocurrency regulation and prepare recommendation by July 2018. These recommendations will be the first step toward unified regulation of cryptocurrency. As a result of this news, the price of Bitcoin has risen above USD 8,500. While no serious actions […]
AFM publishes expectations on automated financial services
The financial services regulatory authority for the Netherlands Authority for the Financial Markets (AFM) released two documents stating their expectations regarding the developments of automated financial services. Market players are continuously developing automated advisory services for financial products, now also for more complex products. This way, consumers have easier access to potentially higher-quality investment products […]
LegalTech Essentials: smart contracts, blockchain and AI
LegalTech sees financial transactions as a contract and seeks to resolve the legal ramifications of this. To ensure responsible and fluid digital financial exchanges, legal technology ensures all legal requirements or a contract are met. When approached from a legal perspective, all digital transactions require some sort of contract. This article discusses legaltech essentials. LegalTech […]
Innovation driven by regulation, KPMG reports on Holland FinTech’s event ‘PSD2 in Business’
On the 15th of January, KPMG attended the PSD2 in Business event, organized by Holland Fintech. An interesting line-up of speakers including Klarna, Privacy First, DNB and ACM spoke about the impact from PSD2 that was effectuated two days earlier. At least: should have been effectuated, but the Netherlands and 19 other European countries are […]
The impact of GDPR on digital identity
As the implementation date for GDPR approaches, a lot of speculation is going on regarding the potential effects of the regulation. Without doubt, incumbent players must change their current ways of operating; if they desire to comply with the regulation, that is. Previously, we already discussed the more general impacts of GDPR on financial companies. […]
Digital identity and access management essentials
The move to digital business models, especially in the financial sector, requires users’ constant and secure access to online products and services. While presenting great opportunities such as financial inclusion, cost savings and other efficiencies, this shift involves substantial risks. Digital identity and access management (DIAM) are key in facilitating innovation in the era of digital […]
The fight for cybersecurity in the Netherlands
With the ever-increasing level of digitization, many formerly physical assets are becoming digital. Take the storage of personal information, for instance. It is a touchy subject, with the trade-off between convenience and privacy at its core. However, due to their vital impact on our current society, with sometimes sensitive information at stake, certain parts of […]