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Outsourcing in Luxembourg: Prior Notification for Material IT Outsourcing

European Union, Luxembourg - March 30 2022 In late 2021, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) published Circular CSSF 21/785 (the Circular), which introduced a…

Mike Pierides, Charlotte Roxon

SEC Proposes New Rules to Enhance Cybersecurity Disclosures, Incident Reporting Requirements

USA - March 24 2022 The US Securities and Exchange Commission (SEC) on March 9 proposed new rules to enhance and standardize disclosures relating to the risk management…

Charlotte Roxon

Sanctions Apply to Cryptoasset Sector Confirm UK Financial Regulatory

United Kingdom - March 22 2022 On March 11, 2022, the UK Financial Conduct Authority (FCA), the Bank of England, and the Office of Financial Sanctions Implementation (OFSI)…

Charlotte Roxon

US Issues Executive Order on Ensuring Responsible Development of Digital Assets

USA - March 11 2022 The White House issued an Executive Order on March 9 relating to the responsible development of digital assets in the United States. This executive…

Charlotte Roxon

UK Financial Conduct Authority Drives Changes to Buy Now, Pay Later Contract Terms

United Kingdom - March 9 2022 The UK Financial Conduct Authority (FCA) released a statement on February 14 confirming a series of changes to potentially unfair contract terms that…

Charlotte Roxon