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FCA consultation on cryptoassets - light in the darkness? The “crypto” in cryptoasset ultimately derives from the Greek word κρυπτος, meaning hidden. This may seem fitting when there is little widespread understanding of cryptoassets (including cryptocurrencies like Bitcoin and Litecoin and other forms of...
The mind as a disruptive technology Last week we hosted a talk entitled: “The mind as a disruptive technology”. It was jointly promoted by our Innovation network and Thrive, our mental health and wellbeing network. Jonathan Garner, founder of Mind over Tech, spoke engagingly about how our...
Innovation in the food supply chain Every January, thousands of people sign up to the #Veganuary challenge. Those who sign up agree to stick to an entirely plant based (vegan) diet. People's reasons for doing so are varied but concerns about the sustainability of food production and...
Tax simplification from emerging technologies Wouldn't it be great if future technological development enabled tax to be calculated and taken direct from the taxpayer without the need for the individual to do anything other than perhaps press a button?  HMRC's ambition is to become one of the most...
Open Banking: Opportunities not closed yet Much has been made in the last couple of weeks about the anniversary of the introduction of the second Payment Services Directive (PSD2). It has been suggested, for example, that the lack of significant increase in the number of current accounts switched...
Computerised facial recognition: revolutionary tech or surveillance threat? Recognising someone’s face: it’s a skill that humans can do without thinking. But getting to a stage where computers can demonstrate this same ability is something that has been in development since the 1960s. The adoption of this technology could be...
What value is in a brand? The EU has today opened another State aid investigation, this time into tax rulings given to Nike by the Dutch tax authorities.  At the heart of this investigation is the question - what value is there in the Nike brand? The Dutch tax authorities had...
Risk management and innovation The unprecedented rate of change, both in technology and the way businesses and consumers respond to it, puts organisations under pressure to innovate. While innovation offers the potential for progress, market differentiation and competitive advantage,...
Effective investigations The use of artificial intelligence (AI) in our personal and professional environments will undoubtedly be a leading force in shaping the world around us in the years to come. One particular area where AI can a game changer is within regulatory...
Disclosure pilot scheme – a step forward for legal tech in English court proceedings On 1 January 2019 a new disclosure pilot scheme will be rolled out in the English Business and Property Courts. The two-year pilot will overhaul the process for disclosing documents in litigation proceedings by replacing the ageing framework that has in...