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On August 30 2017, the Brazilian Central Bank released Public Consultation 55/2017, which proposes the regulation of certain types of credit transactions carried out exclusively via electronic lending platforms. The proposed regulation fits in with the trend for the Brazilian authorities to stimulate financial inclusion through the regulation of mobile payment tools, credit unions and equity crowdfunding. It also follows the regulatory template of other markets such as the UK – a regulatory sandbox safe house, where rules become more stringent as the entity grows.

Regulatory enforcement and related litigation in the UK have evolved significantly since the financial crisis

Initial coin offerings are giving regulators a headache because they don’t play by traditional rules. How should they be approached?

The Commission: bringing up the walls with EU rulemaking

Technology plays a major role in the development of financing alternatives, and investors and consumers are eager to access funds in a more expeditious and efficient manner. In fact, investors would relish the efficiency of tasks such as due diligence and disbursement being possible at the click of a link, without having to enter into complex negotiations and long drafting sessions. This new reality brings with it new challenges, not only for financial entities but also for regulators and lawyers. Fintech is a reality that imposes financial regulations and allows business to evolve.

According to reports, Houston-based Andrews Kurth Kenyon and Virginia-based Hunton & Williams are discussing merging practices.

The Commission’s Chairman talks to IFLR’s John Crabb about the need to balance derivatives market regulation and financial system stability with economic growth and prosperity

The new Investment Services and Activities and Regulated Markets Law 87(I)/2017 (the IS Law), which implements the revised EU Markets in Financial Instruments Directive (Mifid II) in Cyprus, will enter into force on January 3 2018. In preparation, the Cyprus Securities and Exchange Commission (CySEC) has issued guidance to regulated entities advising them of the more rigorous product governance requirements which will apply under the new law. The product governance requirements under Mifid II are set out in articles 17(3) and 25(2) of the IS Law, chapter III of Commission Delegated Directive (EU) 2017/593 and European Securities and Markets Authority (Esma) guidelines document Esma35-43/620.

Updating the legal framework in Central America will help guarantee data confidentiality. But in order for companies to face growing vulnerabilities and risks, any internal policies or regulations that they establish must be complemented with appropriate technology. In El Salvador and the rest of the region, companies are rethinking their security strategies, including controls, policies, work regulations and internal processes. These new security measures are driven by the evolution of technology, IT security incidents and industry growth.

As these loans become ever more popular in Europe, capital providers need enhanced creditor protections to manage any potential downside