1489313 - Hogan Lovells FIS Horizons 2021 update - Flipbook - Page 47
Financial Institutions Horizons
47
Blockchain Hub
Your global guide to developing regulatory requirements within the financial services
industry sector and beyond.
Blockchain technology could revolutionize supply
chains, agreements, contracts, currencies and
more. With the Hogan Lovells Blockchain Hub
you can take advantage of the technology’s huge
potential and disruptive impact, while avoiding
falling foul of ever developing regulatory and
legal requirements.
The Blockchain Hub covers:
The finance industry is arguably one of the
sectors that stands to be the greatest beneficiary
of blockchain technology. With characteristics of
an immutable ledger, real-time tracking, and a
single version of the truth, it is ideal for the future
of the financial services industry. Some of the
ways blockchain technology can support financial
services companies are in the exchange of crossborder payments and P2P transfers, securities
trading, Know Your Customer – client identity
verification, record-keeping, and crowdfunding,
among others. The immutable ledger will be able
to trace every transaction and be able to ascertain
what is valid and invalid. At the same time, it will
be able to prevent the duplication of records
and operate at a speed the industry has yet to
experience or truly monetize on.
Use the Hub to:
While the benefits of blockchain technology
outweigh the challenges, the legal challenges
cannot be ignored and will need to be thoughtfully
considered and addressed in a timely manner.
Many of these challenges stem from new and
evolving multi-jurisdictional regulations.
Governments adopt individualized, unique
regulations on blockchain and digital assets,
such as GDPR, and these will affect blockchain
configurations and how you conduct business,
domestically and globally. Our Blockchain Hub
and lawyers can assist financial services industry
players in navigating the regulatory landscape
and latest legal developments, ensuring that
efforts and adoptions are compliant with any
current and future regulatory and business needs.
•
300+ regulators
•
120+ jurisdictions and supranational
organizations
•
20+ applications, topics and industry sectors
Keep up to date with the latest
legal and regulatory developments
See where blockchain is shaking
up industries
View the legal positions and
restrictions for cryptocurrency
and the FATF travel rule in
various countries
Compare regulatory developments
across the world and see how
regulatory approaches are
evolving over time
Create bespoke reports with
developments across multiple
countries
Access useful blockchain
resources, including reports, indepth articles and more
Contact:
John Salmon
Partner, London
T +44 20 7296 5071
john.salmon@hoganlovells.com
Hogan Lovells Blockchain Hub
Helping you take advantage of
blockchain technology’s huge
potential and disruptive impact.
Access the Blockchain Hub here.
