The Race to Regulate AI Risks Could Reshape Global Markets
Pymnts 05/08/2023
The dangers inherent to the abuses of AI technology, including inequitable discrimination and algorithm bias, disinformation and fraud, among others, make it imperative that governments move to regulate the technology appropriately, and fast…
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SEC Crypto Enforcement Actions on Track to Outpace 2022
Pymnts 05/05/2023
While the crypto industry has criticized the SEC for failing to engage in formal rulemaking or waiting for Congress to pass a clear legal framework around U.S. securities laws and their applicability to digital assets, the agency under its present chair…
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AML Update For Legal Practitioners and Law Firms – May 2023
Lexology 05/05/2023
This blog covers some important developments in the AML world since our last update for legal practitioners and law firms. Updates to Legal Sector…
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SVB Collapse Reinvigorates Bank Accounting Debate
Law360 05/05/2023
By Shelby Cameron, John Drum and Mark Howrey (May 5, 2023, 2:43 PM EDT) — In the aftermath of the…
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US Treasury releases first-ever “de-risking strategy” to address issue, private sector skeptical
Thomson Reuters 05/05/2023
The U.S. Treasury Department has issued a first-of-its-kind document laying out the government’s plan to combat so-called de-risking, the practice by which financial institutions sever ties to entire categories of customers…
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