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Meta
Blog Archives
The Power of the Human Touch – the use of artificial intelligence in employment
The world of work is changing fast, in part due to unprecedented technological advancements in recent years. This pace of change can be unsettling to some and, in many cases, neither the law nor businesses have been able to catch …
Posted in Longer Reads
Tagged Artificial Intelligence, digital, employment law
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Estate planning for digital assets
Fundamentally, digital assets are the possessions you access on a digital device. These assets are normally stored online and accessed via a personal online account run by a third-party provider. How should you manage these assets?
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Planning with crypto assets
It is increasingly important for individuals to understand how crypto assets are taxed, both in life and on death, and ensure the consideration of crypto assets in succession planning.
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Non-fungible tokens (NFTs)
What are NFTs? How are NFTs taxed during an individual’s lifetime and subsequently on death? How can we ensure access for attorneys and personal representatives whilst guaranteeing security for these high-value assets?
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Lasting power of attorney and digital assets
The choice of attorney and informing them of your wishes is particularly vital when considering digital assets. The pertinency of this is increased with more valuable assets such as cryptocurrency.
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Crypto exchanges ordered to help trace stolen assets
The claimant company lost over $10m in cryptoassets to hackers who had obtained access to its systems. Although an expert was able to trace the stolen crypto (using proprietary software and public records) to various wallet addresses, the identities of …
Posted in Shorter Reads
Tagged digital
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AI in Financial Services: Update on best practice for firms
Artificial intelligence (“AI”) has become increasingly crucial for UK firms due to the digital transformation of financial service providers in recent years. Our previous article examined the divergence between the UK and EU in AI regulation. In doing so, we …
Posted in Longer Reads
Tagged AI, Artificial Intelligence, BoE, digital, FCA
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US sanctions imposed against “crypto mixer”
OFAC deemed Bitcoin mixer “Blender.io” to have been culpable in assisting a North Korea backed heist, which laundered over $20.5million in illicit funds. OFAC said that Blender.io, which operates on the Bitcoin blockchain, facilitated illicit transactions by obscuring their origin, …