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The Payments Newsletter including Digital Assets & Blockchain, August 2025
Key developments of interest over the last month include: the U.S. Consumer Financial Protection Bureau’s decision to restart the open banking rulemaking process; the UK FCA’s publication of a policy statement with final rules and guidance for stage 1 ‘Supplementary Regime’ reforms to the safeguarding regime for payments and e-money firms; the commencement of Hong…
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UK Founder Series: Maximising Funding Opportunities for UK Tech Startups with SEIS and EIS
Orrick’s Founder Series offers monthly top tips for UK startups on key considerations at each stage of their lifecycle, from incorporating a company through to possible exit strategies….By: Orrick, Herrington & Sutcliffe LLP
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Payments and e-money: UK FCA publishes policy statement on changes to safeguarding regime
The FCA believes that some payments firms do not currently have sufficiently robust safeguarding practices. This poses a risk of harm to consumer and market integrity that the FCA is seeking to mitigate….By: Hogan Lovells
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Let’s Make it a Date–Best Method and the Filing Date of the Earliest Complete Application
In the recent decision of NOCO Company v. Brown and Watson International Pty Ltd [2025] FCA 887, Moshinsky J has provided welcomed clarity around the relevant date by which the best method known to the applicant is to be identified for divisional patent applications….By: K&L Gates LLP
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Maine’s Privacy Law: Intrusion upon Seclusion—Key Elements and Recent Developments
Maine, like most states, recognizes four fundamental common-law privacy torts: intrusion, appropriation, false light, and public disclosure. This article summarizes the tort of intrusion, sometimes called intrusion upon the seclusion of another….By: Verrill
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Delaware Supreme Court delivers split decision to insurers in 3M coverage row
The Delaware Supreme Court’s 3-2 Aearo Technologies LLC Insurance Appeals decision on August 12, 2025 affirmed a lower court ruling that payment of defense costs by a non-insured did not count toward the insured’s self-insured retention, and that the insured’s payment of the self-insured retention was a condition precedent to the insurer’s obligation to cover…
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2 Weeks After Trump Talks, Russia Bombards Kyiv, Killing at Least 18
The strikes, which hit a five-story apartment building, a shopping mall and buildings used by European governments, were the largest on the Ukrainian capital since the Alaska summit.
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Kim Jong-un to be Among U.S. Rivals Convening in Beijing
They will join China’s leader, Xi Jinping, and about 20 other heads of state, some of whom share a strong distrust of the United States.
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Jimmy Lai’s Freedom May Now Hinge on Beijing and Trump
As the outspoken Hong Kong publisher awaits a verdict, his trial has become a test of China’s resolve to crush dissent, and of whether President Trump can free him.
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A Gaza City Neighborhood Is Now a Wasteland, Satellite Images Show
With Israel’s expanded assault looming, Zeitoun already resembles other parts of Gaza that have been largely flattened in the war.