The European Court of Justice (ECJ) delivered a landmark judgment on December 5, 2023, in the case of Deutsche Wohnen SE (Case C-807/21). The court ruled that companies can be fined under Article 83 of the General Data Protection Regulation (GDPR) even if there is no proof that the company’s management…
We are thrilled to invite you to the Future Finance Summit in Warsaw on December 5, 2023 (16:00 – 16:35 CET time) where Dr. Katarzyna Lasota Heller (Managing Partner at LEXCELLENCE and President of the Swiss-Polish Blockchain Association, will moderate an exclusive panel discussion on Fintechs in Europe: The Best…
In a bold move that signals Europe’s growing embrace of blockchain technology, Belgium has unveiled ambitious plans to establish a comprehensive European Blockchain Infrastructure. This groundbreaking initiative, spearheaded by Belgium’s upcoming presidency of the Council of the European Union, aims to revolutionize the way official documents are stored…
A coalition of businesses and technology groups issued a warning to the European Union (EU) on November 23, 2023, urging caution against excessive regulation of artificial intelligence (AI) foundation models in upcoming AI rules. The group, which includes Microsoft, Google, and Amazon, argued that overly restrictive regulations…
We are thrilled to invite you to the Future Finance Summit in Warsaw on December 5, 2023 (16:00 – 16:35 CET time) where Dr. Katarzyna Lasota Heller (Managing Partner at LEXCELLENCE and President of the Swiss-Polish Blockchain Association, will moderate an exclusive panel discussion on Fintechs in Europe: The Best Ideas for Effective Cooperation. This summit organized by Fintech…
In a digital age defined by rapid technological evolution, the CEE Swiss IT Matchmaking Summit 2023stands as a beacon for Swiss innovators, tech enthusiasts, and business leaders. Organized by the Chamber of Commerce Switzerland Central Europe (SEC) and set for November 28, 2023, in Zurich, Switzerland (Hotel Courtyard by Marriott Zurich North) promises to be…
The Organisation for Economic Co-operation and Development (OECD) updated its definition of artificial intelligence (AI) on November 8, 2023. The move is set to shape the European Union’s (EU) upcoming AI regulation. The revised definition emphasizes machine-based systems inferring outcomes for explicit or implicit objectives. The OECD’s…
The European Banking Authority (EBA) has released a set of proposed liquidity guidelines for stablecoin issuers. The guidelines aim to ensure that stablecoins can be quickly redeemed even during turbulent market conditions, preventing the risk of bank runs and contagion in crisis situations. Here are some…
We kindly inform you that Dr. Katharina Lasota Heller will be at the Singapore Fintech Festival 2023 (The Intersection Of Policy, Finance, And Technology) on November 15-17, 2023 as well as she will be speaking at the Poland-ASEAN Fintech Forum in Singapore on November 14, 2023. If you would like to meet her for a coffee/ lunch/ talk, just write…
We are pleased to announce that Dr. Katharina Lasota Heller (Managing Partner at LEXcellence AG and President of the Swiss-Polish Blockchain Association) will be speaking in the interesting cybersecurity discussion panel: Global Threats: Working together to build resilience. Cybersecurity and AI for good practice on November 14, 2023, from 14:10 till 14:50 SGT time…
The Swiss National Bank (SNB) launched a pilot project with six commercial banks to explore the use of a wholesale central bank digital currency (CBDC) for financial institutions on November 2, 2023. The pilot project, called Helvetia Phase III, will run from December 2023 to June 2024…
On October 19, 2023, the world witnessed a significant milestone as the Financial Action Task Force (FATF) unveiled Switzerland’s highly anticipated fourth follow-up report, a testament to the country’s unwavering commitment to financial integrity since its last evaluation in 2016. Commendably, Switzerland’s strides in fortifying its financial…
