Setterwalls FinTech Report 2024

In the past, FinTech lawyers primarily focused on negotiating deals and drafting complex contracts in the emerging technology sector now known as FinTech. However, over the last decade, there has been a noticeable shift in focus. Increasingly, more time is now being spent providing guidance and navigating the often intricate surrounding regulatory landscape.

Regulatory questions and issues frequently become significant obstacles or deal breakers if not properly addressed and resolved. Additionally, many of the regulatory framework and legislation currently in place is relatively new, meaning that the sector has not yet had the opportunity to establish standard practices or common interpretations of these rules. This often results in time-consuming and costly processes.

We have chosen to highlight some hot topic regulatory issues and trends in this year’s FinTech Report 2024. Our aim is to provide guidance within the regulatory field based upon our daily work experiences with the FinTech industry. We hope you find it to be both insightful and enjoyable - welcome to Setterwalls.

Content:

- What About the Little Guy – the SME’s Practical Guide to DORA

- Liability, Opportunity and Risk: use of Generative AI in the Finance Industry

- Sweden’s new consumer credit proposals – will red tape get consumers back into the black?

- The Swedish Dilemma: Balancing Data Protection and Background Checks in the Financial Sector

- Drawing the line – Managing the overlap between the different cyber security regulations

- Scraping the Surface of Web Scraping – What Fintech Companies Should Consider When Harvesting the Web

The report is available in full via this link.