Lexology PRO | Asia-Pacific, Australia, Belgium, etc. | 8 Jun 2023
The UK PSR issues new APP fraud reimbursement requirements, the US CFPB warns FIs about the risks of using chatbots, and the Danish FSA consults on AI data ethics practices in financial services – plus other key updates.
European Union, United Kingdom | 8 Jun 2023
The UK’s FCA toughens crypto marketing rules, the EU proposes new measures to tackle financial crime, and the ECB consults on counterparty credit risk management – plus other key updates.
Cozen O'Connor | USA | 8 Jun 2023
The FTC has asked for public comments to improve collaboration with AGs in order to protect consumers from fraud and scams, as mandated by the FTC…
FTI Consulting Asia Pacific | Asia-Pacific, Hong Kong | 8 Jun 2023
Tune in on Wednesday 21 June (4:00-5:00pm HKT) to hear from two-time Pulitzer prize winner and best-selling author of “Bad Blood” John Carreyrou, on…
Taylor Wessing | United Kingdom | 5 Jun 2023
In the recent case of Re JD Group Ltd in liquidation; Bhatia v Purkiss (as liquidator of JD Group Ltd) a company director appealed a decision that he…
Lexology PRO | Belgium, China, European Union, etc. | 30 May 2023
90 UK organisations report data breaches after Capita cyberattack, TikTok is suing the US state of Montana as the app faces a ban, and Twitter leaves the EU voluntary code on disinformation – plus other key updates.
Rahman Ravelli | United Kingdom | 24 May 2023
The issue of fraudulent misrepresentations inducing a party to enter into a share purchase agreement once again came before the court in Clearcourse…
Lexology PRO | Asia-Pacific, Australia, European Union, etc. | 23 May 2023
The EU agrees tax transparency rules for cryptoassets, the US Supreme Court narrows the scope for criminal wire fraud prosecutions, and Germany passes its long-awaited whistleblower protection law – plus other key updates.
Fried Frank Harris Shriver & Jacobson LLP | USA | 23 May 2023
On May 11, 2023 the Supreme Court, in a pair of unanimous decisions, narrowed the scope of key federal fraud statutes that, among other things…
RPC | Hong Kong | 23 May 2023
In Lei v Lin, the plaintiff applied for judgment in default of a defence, including a request for an order that money he had transferred to the defendant's bank account as a result of an alleged telephone fraud be returned to him. The case is another example of the need for fraud victims to act promptly in seeking redress and to draw all relevant matters to the court's attention in a timely......