Welcome to Shearman & Sterling’s FinTech Insights, where we provide you with real time insight and key trends on the technological revolution that is transforming the financial services industry. Here you can find relevant information on the latest surrounding the regulatory framework, digital banking, blockchain, distributed ledger, cryptocurrencies, ICO’s and much more.
Celebrating the One-Year Anniversary of Shearman & Sterling’s FinTech Foundry09/24/2019It’s been a year since the launch of the FinTech Foundry, Shearman & Sterling’s program dedicated to supporting the FinTech-related activities of our clients and the wider global FinTech ecosystem. The FinTech Foundry touches upon every facet of the FinTech industry, including financial institutions, VCs, accelerators and incubators, startups, policymakers and more, and has put Shearman & Sterling at the forefront of advising on the latest developments in FinTech.
Over the last year, we have immersed ourselves in the FinTech ecosystem, and to commemorate the 12 months since our launch, we’ve put together a roundup of some of our industry observations and areas that our FinTech Foundry team has been watching, including those related to digital assets, open banking, big data, cybersecurity AI, challenger banks, regulatory sandboxes, antitrust, data privacy and more!
Where Is the Digital Asset Market Headed?
07/30/2019Partner Donna Parisi (New York - Derivatives & Structured Products) recently sat down with Rebank podcast host Will Beeson to discuss the future of the digital asset space.
The conversation touches on a myriad of interesting topics including regulatory frameworks for digital assets, institutional infrastructures that are creating challenges for the market and what the future holds when the power of blockchain and cryptocurrency is fully harnessed alongside other emerging technologies like artificial intelligence (spoiler: digital identities for the untapped market).
Click to listen to the full podcast or from your preferred streaming service below.
Top Challenges Around Regulating Artificial Intelligence
07/16/2019Shearman & Sterling attorneys acted as the founding lead editors and contributors to key chapters in the latest Global Legal Insights edition entitled, AI, Machine Learning & Big Data, a book published by Global Legal Group Ltd, London. The publication covers the important considerations, legal issues and market practices in 31 global jurisdictions around artificial intelligence with respect to how it intersects with the laws of each country.
Considerations in Venture Capital and M&A Transactions in the AI Mobility Industry
07/16/2019As part of the Global Legal Insights edition on AI, Machine Learning & Big Data, Partners Alan Bickerstaff (Austin – Emerging Growth), Mallory Brennan (New York – Litigation) and Emma Maconick (Menlo Park – Intellectual Property Transactions) authored a chapter titled “Considerations in Venture Capital and M&A Transactions in the AI Mobility Industry.” The chapter highlights AI mobility considerations related to investments and transactions, intellectual property, cybersecurity and regulatory issues, and outlines a number of potential liability concerns.
Read the chapter.
Big Data: A Legal and Compliance Guide for Investment Managers
06/05/2019Partner Nathan Greene (New York-Investment Funds) authored an article titled, “Big Data: A Legal and Compliance Guide for Investment Managers” in the June edition of The Investment Lawyer. The article discusses legal and compliance issues facing investment managers relating to “big data,” as the data revolution reshapes fundamentally how investment managers deliver their services.
Read “Big Data: A Legal and Compliance Guide for Investment Managers.”
9 Data Considerations for Investment Management Attorneys
03/11/2019Partner Nathan Greene (New York – Investment Funds) authored an article in Law360 titled “9 Data Considerations for Investment Management Attorneys.” The article lists the most important questions investment fund lawyers or compliance officers reviewing a proposed data initiative should ask.
Read "9 Data Considerations for Investment Management Attorneys."
European Commission Announces AI Initiative
04/25/2018On April 25, 2018, the European Commission announced plans for an ambitious European artificial intelligence initiative to take shape over the course of the year. Through this initiative, the Commission aims to boost the EU’s capacity for and uptake of AI, prepare for any potential socioeconomic changes and establish an appropriate ethical and legal framework for the technology. This comes on the heels of an April 10, 2018 agreement between 24 EU member states and Norway to ensure Europe’s competitiveness in the AI landscape.