Technological innovation is transforming businesses, markets and our everyday life. Appleby’s multi-disciplinary global technology and innovation group comprises experts from our offices in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Hong Kong, Isle of Man, Jersey, Mauritius, the Seychelles and Shanghai, to help businesses meet the new challenges and support clients across a broad range of emerging technologies, including:
Blockchain, the technology behind virtual currencies is now growing in other areas of financial services and beyond. These opportunities introduce new risks and give rise to new legal, governance and regulatory issues which require careful consideration before the technology’s full potential can be realised. Our specialists are experienced in helping you meet these challenges.
Cryptocurrency success has led to an explosion of new currency trading platforms and exchanges using blockchain, the establishment of cryptocurrency investment funds and “initial coin offerings” which allow technology start-ups to bypass traditional and highly regulated capital-raising processes by creating and exchanging new tokens for Bitcoin or legal tender. We help clients looking to establish technically complex platforms which push the boundaries of current methods.
Financial technologies or “FinTech” have the potential to supplement or disrupt the financial services industry, with internet banking and mobile payment applications as obvious early examples. As offshore centres press forward with ambitions to be leading regional technology hubs, FinTech will soon become an important point of focus, both for market participants and for regulators.
Our experts understand the opportunities these technologies offer and help navigate the regulatory complexities they bring with them.
From wearable devices that measure and record health information to mobile, online and in-app payments, the digital technology landscape is changing daily.
Our varied expertise combined with technology sector knowledge enables us to give you practical and commercial advice at every stage of the development of your business. We help with regulatory compliance, the establishment of new entities and compliance with local laws, along with a range of digital technology issues including:
Intellectual property is one of the most valuable assets a business can own: protecting it is essential to commercial success. Appleby works with you to register and protect your rights. In conjunction with our Commercial Litigation group, Appleby has substantial experience in taking action to protect against the infringement of IP rights and in the conduct of passing-off actions. We also offer investigative services to identify the source of, and distributors of, infringing goods, working closely with the relevant bodies as necessary.
The increasingly popular use of UAS (or, more popularly, “drones”) for aerial photography and surveillance has created a number of regulatory and privacy challenges. UAS present unique privacy challenges and their ability to collect data with great resolution and granularity at distant vantage points, often for long periods, enables them to conduct effective aerial surveillance in a sustained and surreptitious manner. This has led to the use of UAS for commercial purposes requiring a licence or other form of registration in certain jurisdictions. Our experts understand the opportunities UAS offer and help navigate the regulatory complexities.
IT and telecommunications services are business critical and have an enormous impact on society. We cover all legal aspects of the telecoms sector and its convergence with adjacent technology and media sectors. Our experience extends across all types of network and platform - fixed, mobile, satellite, VPN, terrestrial broadcasting, cable TV and the internet.
There are now data protection laws in more than 90 countries around the world. These, together with cyber security concerns and new international data sharing regimes such as FATCA are making the regulation of data more complex than ever before.
We offer advice to clients on all aspects of data protection and information management compliance, including: