Leadership, Financial Services, Startups
The New York Department of Financial Services (NYDFS) announced extensive amendments to its cybersecurity requirements for financial institutions on November 1, 2023. The amendments are intended to address the evolution in the cybersecurity landscape: Key changes in the amended regulation include: The amended requirements will take effect in phases, with some having already come into…
The Internet has revolutionised how people interact and exercise their freedom of expression and information as well as related fundamental rights. Internet access is not merely a luxury for those who can afford it but instead is necessary for individuals to lead minimally decent lives. The Parliamentary Assembly of Council of Europe believes that internet…
In the realm of day-to-day legal matters within private organisations, the traditional practice of appointing in-house legal counsel has been the norm, and a vast number of lawyers and advocates are actively engaged in this domain. At present, corporate lawyers are actively playing vital role in shaping decision-making processes in such private enterprises. Amid the…
Money laundering and terrorist financing have become matters of grave concern around the world and with the developments in technology and inadequate legal frameworks, criminals are able to change their strategy on and off to divert the attention of law enforcement agencies to launder money and finance terrorism. However, over the years, trade based money…