17 August 2016
FCA Calls for Input on Equity Crowdfunding Regulation
In February 2016, less than a year after raising £800,000 through an online crowdfunding platform, the claims management company, Rebus, went into administration. This episode highlights the risks associated with equity crowdfunding and raises questions as to the extent of investor protection required. The FCA bolstered their rules protecting retail investors in October 2014. These rules are now being reviewed and the FCA has published a ‘Call for input’.
6 June 2016
Data Protection: 5 Things SaaS Providers Should do Today
Rather than hosting and maintaining their own software, an increasing number of businesses are turning to software as a service (“SaaS”) providers who centrally host software and make it available to customers over the internet, usually for a subscription fee. The SaaS model often requires the customer to send personal data relating to its employees and clients to the SaaS provider. This can pose a significant data protection risk for both the customer and the provider. Below we provide 5 top tips on how SaaS providers can limit their liability whilst offering the customer comfort that their data is secure.