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Resources for Nonprofit Directors

Ripple General Counsel Responds to SEC Chairman Genslers Kennedy and Crypto Speech [Video]

Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC) is raising standards with a speech delivered before a nonprofit organization Practicing Law Institute. 

In his Speech – “Kennedy and Crypto” he clearly mentioned that the SEC will use existing laws regulating the crypto ecosystem. Despite several anticipations and calls for regulatory frameworks specific to digital assets. 

“Investors, issuers, and our overall economy have benefited from those securities laws and the SEC’s engagement for nearly 90 years. That oversight should not change just because the issuance and trading of certain securities are based on a new technology.”

Gensler further quoted Joseph Kennedy, First SEC Chairman, as he urges crypto and traditional finance companies to comply with securities laws. 

“For those who are starting up in this space now – either from traditional finance or as crypto-native companies – work with us on compliance from the beginning. It’s far less costly …

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Resources for Nonprofit Directors

Charities webinar - Contract exposure: managing risks in legally binding agreements [Video]

On Wednesday 11 May, Edward Bouckley delivered the next webinar in our charities bite size series. In the webinar Edward looked at some of the key aspects of managing risk when entering into commercial contracts. He discussed:• What risk management is.• What risk is and why properly managing it is so important to charities.• Some of the ways risks can be managed in contacts.Edward also looked at some of the steps that you can take to better protect your charity when entering into contractual arrangements.Here are the timestamps to help guide you through this webinar:0:52 Birketts at a glance1:18 What we will cover today2:09 What is risk management?3:07 What is risk and why is it important?3:59 Contractual risk5:58 Identifying risk10:05 Written contracts11:34 Assessing Risk13:10 The danger of "pre-contractual" agreements14:27 A cautionary tale16:21 Rights and obligations17:51 Risk - allocating and controlling18:48 Transferring risk: indemnities20:00 Controlling risk: limitation of liability21:29 Practical tips23:18 QuestionsThe webinar ended with a Q&A. Disclaimer: The content of this webinar is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this webinar please contact us in the first instance. Law covered as at May 2022. Meet our expert, Edward Bouckley: https://www.birketts.co.uk/our-lawyers/norwich/edward-bouckleyContact us at: https://www.birketts.co.uk/contact-usSign up to future webinars: https://www.birketts.co.uk/events​​​​ To ensure that you are invited to future webinars and receive our newsletters please opt in to our mailing lists and select the appropriate areas of interest. https://www.birketts.co.uk/register