Fintech Legal

Habito is an online mortgage provider, and doing what good fintech companies do well: using technology to make people’s life easier. In this episode of Fintech Legal, we talk to Rohan Paramesh, GC at Habito, about the challenges and opportunities of working in a fintech, how to be customer-centric, how to give non-cash buyers the advantages of being cash buyers, how to blend the best of humans and technology, and the process of taking a new product from drawing board to live offering. Guest: Rohan Paramesh General Counsel Habito https://www.habito.com/ Host: Mark Sherwood-Edwards Clearview Legal www.theclearview.co.uk mse@theclearview.co.uk +44 7748 761972 Material referred to: Further information on materials referred to in this podcast can be found on: Habito Go (https://www.habito.com/go) and Habito Plus (https://www.habito.com/plus) Contact details: You can contact the show at mse@theclearview.co.uk If you have questions, comments, suggestions for topics, or would like to appear on the show, please contact us on the email above. Special Guest: Rohan Paramesh.

Guest: Judie Rinearson Partner, K&L Gates. Judith.Rinearson@klgates.com http://www.klgates.com/ Host: Mark Sherwood-Edwards, Clearview Legal. www.theclearview.co.uk mse@theclearview.co.uk +44 7748 761972 Material referred to: None. Contact details You can contact the show at mse@theclearview.co.uk If you have questions, comments, suggestions for topics, or would like to appear on the show, please contact us on the email above. Special Guest: Judie Rinearson .

In this episode of Fintech Legal we talk to Daniel Gabriel, Accenture Legal Director and Global Regulatory Lead for Finance, Blockchain and BPO, and owner of one of the most interesting jobs around: figuring out regulatory solutions that enable Accenture’s customers to achieve their business objectives. In this wide-ranging discussion we talk about Blockchain regulation, Libra, CBDC, geopolitics, digital assets, use cases and – critically – how to keep on top of the reading. Guest: Daniel Gabriel, Accenture Accenture Legal Director: Finance, Blockchain and BPO Global Regulatory Lead daniel.gabriel@accenture.com https://www.accenture.com/ Host: Mark Sherwood-Edwards, Clearview Legal. www.theclearview.co.uk mse@theclearview.co.uk +44 7748 761972 Material referred to: FCA Guidance on Cryptoassets Feedback and Final Guidance to CP 19/3 Policy Statement PS19/22 July 2019 https://www.fca.org.uk/publication/policy/ps19-22.pdf Contact details You can contact the show at mse@theclearview.co.uk If you have questions, comments, suggestions for topics, or would like to appear on the show, please contact us on the email above. Special Guest: Daniel Gabriel.

Neobanks are not only springing up in domestic territories, but also offshore. In this episode of Fintech Legal we talk to Jason Blick, CEO of EQIbank, arguably the leading offshore digital bank and, according to the press, the first outspokenly crypto-facing bank. Special Guest: Jason Blick.

Credit Kudos is credit bureau challenger. Credit scoring is one of the cornerstones of the financial services industry. It’s been historically mysterious, and it still remains dominated by three incumbents, Equifax, Experian and TransUnion. Credit Kudos aims to change all that. Credit Kudos has introduced a whole new model – instead of a credit score built up from a series of random interactions, Credit Kudos uses open banking to get (consent based) access to a would-be borrower’s financial history, and calculates a credit score from that hard data. In this episode we talk to Freddy Kelly, co-founder of Credit Kudos, and talk about how the business go started, getting the required authorisations, liaising with the FCA, GDPR issues, the advantages of consented data, machine learning and much more. Here’s a summary of what Credit Kudos does: “Credit Kudos uses consumer transaction data to build highly accurate and transparent credit score-cards and affordability metrics. The product makes decisioning possible for the ~8m previously “unbanked” as well as those with nonexistent or “thin” credit files.” Guests Freddy Kelly Co-Founder and CEO, Credit Kudos Contact details: Phoebe Allen Head of Marketing Phoebe.allen@creditkudos.com 02030967180 Host: Mark Sherwood-Edwards, Clearview. www.theclearview.co.uk Email: mse@theclearview.co.uk Telephone: 07748 761972 Material referred to: https://ico.org.uk/media/for-thepublic/documents/1282/credit-explained-dp-guidance.pdf Contact details You can contact the show at mse@theclearview.co.uk If you have questions, comments, suggestions for topics, or would like to appear on the show, please contact us on the email above. Special Guest: Freddy Kelly.

Episode 4 – OakNorth Bank About this episode: OakNorth bank is one of the UK’s leading challenger banks. It’s the UK’s first in-the-cloud bank and, arguably, the UK’s most valuable fintech company. In this episode, we talk to Ben Wulwick, Head of Legal and Transaction Management, about how running a legal department in a challenger bank differs from running a legal department in a traditional bank, and to Ben Barbanel, Head of Debt Finance, about how OakNorth’s approach to lending differs to that of traditional banks and to that of most fintech companies. *Guests: * Ben Wulwik Head of Legal and Transaction Management Ben Barbanel Head of Debt Finance Host Mark Sherwood-Edwards, Clearview. www.theclearview.co.uk Email: mse@theclearview.co.uk Telephone: 07748 761972 ** Material referred to:** None relevant. Contact details You can contact the show at mse@theclearview.co.uk If you have questions, comments, suggestions for topics, or would like to appear on the show, please contact us on the email above. Special Guests: Ben Barbanel and Ben Wulwik.

Episode 3 – Understanding Payment Services with Jake Ghanty, Kemp Little. About this episode: Payment services are experiencing explosive growth at the moment. Merger activity is four times greater than this time last year, and shows no signs of slowing down as players and investors fight for market advantage. In this podcast Jake Ghanty, of London law firm Kemp Little, explains how payment services are regulated in the UK. This is essential listening for anyone who wants to understand how one of the key areas of Fintech is regulated. Guest: Jake Ghanty Head of financial regulation and a commercial technology partner. Kemp Little https://www.kemplittle.com/ jacob.ghanty@kemplittle.com 020 7710 8031 Host: Mark Sherwood-Edwards, Clearview. www.theclearview.co.uk Email: mse@theclearview.co.uk Telephone: 07748 761972 Material referred to: Dealmaking in global payments sector hits new high https://www.ft.com/content/93ed4628-812c-11e8-bc55-50daf11b720d Contact details You can contact the show at mse@theclearview.co.uk If you have questions, comments, suggestions for topics, or would like to appear on the show, please contact us on the email above. Special Guest: Jake Ghanty.

Episode 2 – The Digitisation of Documents and Smart Contracts with Akber Datoo, Managing Partner of D2 Legal Technology, www.d2legaltech.com. About this episode: A fascinating interview with Akber Datoo, one of the pioneers of the digitisation of documents and smart contracts. Akber started off with a computer science degree, and was soon building trading desks for investment banks. He then requalified as a lawyer, and became a derivatives lawyer for Allen & Overy. He then left to set up his own company, D2 Legal Technology, which helps banks, insurance companies and other financial institutions move their legal function from dealing with unstructured data to structured data. In the podcast, Akber explains what the move looks like, the benefits it brings, the impact it has on – and the opportunities it brings for – legal departments. The discussion concludes with a look at smart contracts and how they are likely to evolve. Guest: Akber Datoo, D2 Legal Technology www.d2legaltech.com +44 (0)20 3070 2266 enquiries@d2legaltech.com Host: Mark Sherwood-Edwards, Clearview. www.theclearview.co.uk Email: mse@theclearview.co.uk Telephone: 07748 761972 Material referred to: Legal Data for Banking: Business Optimisation and Regulatory Compliance by Akber Datoo, available from all good book stockists. Publisher: John Wiley & Sons, ISBN-10: 1119357160, ISBN-13: 978-1119357162. Legal Guidelines for Smart Derivatives Contracts: The ISDA Master Agreement. https://www.isda.org/2019/02/19/legal-guidelines-for-smart-derivatives-contracts-the-isda-master-agreement/ Smart Contracts and Distributed Ledger – A Legal Perspective. https://www.linklaters.com/en/about-us/news-and-deals/news/2017/smart-contracts-and-distributed-ledger--a-legal-perspective Contact details You can contact the show at mse@theclearview.co.uk If you have questions, comments, suggestions for topics, or would like to appear on the show, please contact us on the email above. Special Guest: Akber Datoo.

Fintech Legal is brought to you by Clearview. Episode 1 – P2P Lending with Jon Segal. About this episode: What are the differences between crowdfunding and P2P lending? What is the origin of the regulation and how is it applied? What legal constructs are used to establish a P2P lending framework? And what are the FCA proposals for changes to P2P regulation? Guest: Jon Segal, Head of FinTech and AltFi, Fox Williams www.foxwilliams.com Email: jsegal@foxwilliams.com Host: Mark Sherwood-Edwards, Clearview. www.theclearview.co.uk Email: mse@theclearview.co.uk Telephone: 07748 761972 Material referred to: Loan-based (‘peer-to-peer’) and investment-based crowdfunding platforms: Feedback on our post-implementation review and proposed changes to the regulatory framework, FCA, July 2018. https://www.fca.org.uk/publication/consultation/cp18-20.pdf Subsequent to podcast the FCA implemented a number of the rules discussed. See: PS19/14: Loan-based (‘peer-to-peer’) and investment-based crowdfunding platforms: Feedback to CP18/20 and final rules, FCA, June 2019. https://www.fca.org.uk/publications/policy-statements/ps19-14-loan-based-peer-to-peer-investment-based-crowdfunding-platforms-feedback-final-rules Commentary: https://www.altfi.com/article/5412_fca-confirms-p2p-rules-investments-10-cap-lendy Contact details You can contact the show at mse@theclearview.co.uk. If you have questions, comments, suggestions for topics, or would like to appear on the show, please contact us on the email above. Special Guest: Jon Segal.