Анализ · Regulatory Updates
The Real Stock on a New Rail: The SEC's Innovation Exemption and Europe's Tokenization Question
On 17 September the SEC opened a supervised route for tokenized US-listed shares to trade on chain. This guide explains in plain terms what...
Прочети анализа
Анализ · Regulatory Updates
Before the File Goes In: Four Lessons from MiCA CASP Licensing
A MiCA licence is won or lost in the preparation before the application is filed. This guide explains, in plain terms, four lessons from the...
Прочети анализа
Анализ · Regulatory Updates
The Simplification Paradox: What the Digital Omnibus Actually Asks of Regulated Firms
The Digital Omnibus is the Commission's first serious attempt to slim down the EU digital rulebook. For regulated firms, 'simplification' is...
Прочети анализа
Анализ · Regulatory Updates
One Passport, Twenty-Seven Gatekeepers: MiCA and the 2026 Authorization Cliff
MiCA's transitional regime is closing and ESMA's first peer review has put national supervisors on notice. For crypto-asset firms, 2026 is t...
Прочети анализа
Анализ · Regulatory Updates
DORA at One Year: Reading the First Wave of Supervisory Findings
DORA's first year was a stocktake. The second will be a test. Supervisors have shown their hand — Register quality, contractual remediation,...
Прочети анализа
Анализ · Regulatory Updates
Procuring the Black Box: AI Vendors and the Limits of Third-Party Due Diligence
An AI vendor is opaque in ways a traditional ICT supplier is not, and EU regulation treats financial entities as if they understood the syst...
Прочети анализа