Much is said about the gatekeeper function of providers of crypto services. Pursuant to Directive 2018/843, crypto service providers in the Netherlands are required to register with De Nederlandsche Bank (DNB). In this context, DNB requires providers of crypto services to demonstrate how they ensure that no money or cryptos are made available to sanctioned […]

There are different adequate safeguards on which the transfer of personal data to countries/organizations outside the European Economic Area (EEA) can be based, including the Standard Contractual Clauses (SCCs). Because of Schrems II, however, the SCCs were under attack. Thereby, the SCCs had not yet been updated with the arrival of the General Data Protection […]

Blockchain is a collective name for distributed, mathematically-protected and chronological digital databases. In theory, this technology has the capacity to alleviate a serious problem: a lack of trust in digital systems. At the same time, a blockchain – in passing or, more often, with forethought – can initiate new business and process models because it […]

We can no longer dismiss AI as something in the far-off future; it must be recognised as a special and ‘transformative’ technology. Financial service providers are already using AI, for instance to verify the identity of customers, analyse transactional data, track down fraud in claims handling, set pricing in bond trading, and more. The smart […]

There are different adequate safeguards on which the transfer of personal data to countries/organizations outside the European Economic Area (EEA) can be based, including the Standard Contractual Clauses (SCCs). Because of Schrems II, however, the SCCs were under attack. Thereby, the SCCs had not yet been updated with the arrival of the General Data Protection […]