Regulators Push For Single Rulebook On Digital Finance
By Lucia Osborne-Crowley (November 15, 2021, 12:30 PM GMT) -- U.K. watchdogs have urged politicians to enact a single set of strong, coordinated rules for technology companies, saying that regulation covering emerging digital finance trends must be tough, understandable and clear, according to parliamentary evidence published Friday.
The Competition and Markets Authority, the Financial Conduct Authority, the Information Commissioner's Office and the Office of Communications told the Lords Communication and Digital Committee inquiry that new regulation of emerging technology and big tech companies should be shared across all regulators.
"Regulators need to respond to the scale and global nature of many of the firms, and the speed at which they change...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!