Hagen Rooke

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Thoughts on how to limit fraud risks in the APAC region

The cryptocurrency and digital-asset ecosystem in the Asia-Pacific region has seen rapid growth over recent years and is generating opportunities for novel business models, but is also giving rise to various types of fraud. While fraud risk in this sector is being mitigated by service providers such as cryptocurrency exchanges and digital-wallet operators implementing practical … Continue Reading

Reed Smith handles DBS Bank – Google payments processing partnership

Reed Smith successfully represented DBS, Southeast Asia’s largest bank,  in structuring and closing a strategic business partnership with Google. The arrangement will see Google make DBS payment systems available on Google’s G Pay platform, which will allow DBS customers using that platform to send and receive funds, and pay merchants. The transaction was led by a Reed … Continue Reading

The sandbox goes global – Launch of the Global Financial Innovation Network

The UK’s Financial Conduct Authority (FCA) has announced the launch of the Global Financial Innovation Network (GFIN), an association of 29 regulatory bodies (Members) which will cooperate to promote innovation and share experiences and approaches to supervising new technologies in the financial services sector. The proposal to launch the GFIN was set out in a … Continue Reading
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