Financial

Welcome to the UK Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation.

Key developments in February 2024:

29 February

FCA Regulation Round‑up: The UK Financial Conduct Authority (“FCA”) published its regulation round‑up for February 2024.

LIBOR: The FCA published a report containing the outcome of its review

Implementation of Basel Committee cryptoassets standard to provide additional clarity for banks looking to engage in cryptoassets business.

By Simon Hawkins and Adrian Fong

On 7 February 2024, the Hong Kong Monetary Authority (HKMA) released a consultation paper on its proposal for implementing new regulations on the prudential treatment of cryptoasset exposures (Consultation Paper).

The

In advance of the AI Film Festival hosted by Expo City Dubai, where I will serve as a judge and panelist, I wanted to share some videos that we filmed of my thoughts as a technologist and futurist.

Before the videos, this is some background on the event. The Artificial Intelligence Film Festival (AIFF) is

Marketing, advertising and most specifically product placement will never go away, but some of the traditional means of marketing will fade.  Today we peek into what one company is doing to lead the way for advertisers to market via product placement inside of video post production.  Think about all of the time that is involved

Last week, the Federal Communications Commission (FCC) released a Declaratory Ruling stating that existing federal regulations related to using “an artificial or prerecorded voice” to deliver a telephone message, also encompass voices generated by artificial intelligence (AI).  The ruling does not expand prohibitions or definitions set forth in the applicable law – the  Telephone Consumer

Today we dive into the implications, considerations, and possibilities of open-source generative AI systems!

One question that looms for many is could Open-source AI help, hinder or simple coexist with a closed system. As you likely know open-sourced approaches, have democratized access to software, ensured transparency, and improved security for decades, but can it have