Douglas Cherry
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Articles by Douglas Cherry
Client Alert: Copyright Protection for AI-Created Works: What Your Business Needs to Know
As generative artificial intelligence (AI) tools are being used more commonly in everyday business operation, from creating marketing copy to designing website visuals, a critical question has emerged: Can your business actually own the copyright in what AI produces? The answer, according to the U.S. Copyright Office, is nuanced. Getting it wrong can leave valuable work unprotected.
Protecting Your Business’ Social Media Accounts from Hackers | JD Supra
For small and medium-sized businesses, social media platforms like Facebook and Instagram are essential marketing tools. However, account takeovers by hackers pose a serious and growing threat that every business owner should understand. Preventive Security Measures Protecting your accounts begins with good security practices. Turn on two-factor authentication for all your business accounts to add an extra verification step beyond just your password.
Protecting Your Business' Social Media Accounts from Hackers
For small and medium-sized businesses, social media platforms like Facebook and Instagram are essential marketing tools. However, account takeovers by hackers pose a serious and growing threat that every business owner should understand. • Turn on two-factor authentication for all your business accounts to add an extra verification step beyond just your password. • Regularly update your passwords, ideally every 90 days, using strong and unique combinations for each platform.
"Compliance and Social Media: What You Need to Know About Influencer Content" | JD Supra
Engaging influencers and content creators (creators) to promote a company's brand has become a commonplace marketing technique, and often a highly effective way to reach new audiences. However, there are new and growing risks in doing so if the creator is not mindful of third-party intellectual property (IP) rights. In short, companies are now being named in a growing wave of lawsuits in connection with the infringing activities of their creators.
Beating the bite: Strategies to avoid breaching the new failure to prevent fraud offence
The new failure to prevent fraud offence took effect on 1 September 2025. This offence (introduced as part of the Economic Crime and Corporate Transparency Act 2023) aims to remove barriers to corporate criminal responsibility by holding ‘relevant bodies’ liable for fraud committed by an ‘associated person’, regardless of whether directors or senior managers knew or ordered the fraud.
Goldman Prosecution delivers Clear Sign Of FCA Strength
The recent successful prosecution of Mohammed Zina, a former analyst at Goldman Sachs International, is a useful reminder of the Financial Conduct Authority's willingness to bare its teeth in the exercise of its prosecutorial remit. Zina was found guilty on Feb. 15 of six offenses of insider dealing and three offenses of fraud, following a trial,[1] and was sentenced to 22 months' imprisonment.
Goldman Prosecution Delivers A Clear Sign Of FCA Strength
ADVERTISEMENT Don't want ads? Subscribe or login now. By Douglas Cherry (March 8, 2024, 2:31 PM GMT) -- The recent successful prosecution of Mohammed Zina, a former analyst at Goldman Sachs International, is a useful reminder of the Financial Conduct Authority's willingness to bare its teeth in the exercise of its prosecutorial remit.... A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence.
Goldman Prosecution Delivers A Clear Sign Of FCA Strength
ADVERTISEMENT Don't want ads? Subscribe or login now. By Douglas Cherry (March 8, 2024, 2:31 PM GMT) -- The recent successful prosecution of Mohammed Zina, a former analyst at Goldman Sachs International, is a useful reminder of the Financial Conduct Authority's willingness to bare its teeth in the exercise of its prosecutorial remit.... A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence.
View: The FCA won’t solve its problems with less accountability
View Changes to how decisions are made might improve efficiency, but the FCA must make sure independent scrutiny remains Alamy By Douglas Cherry Wednesday November 3, 2021 12:01 am Douglas Cherry is a partner at law firm Reed Smith The FCA is regularly in the press, and not always for the reasons it would like. It has deservedly been on the receiving end of criticism for how it conducts itself, and has recently been considering changes to address this critique.
Cryptocurrencies - Onwards To The Next Frontier? - Technology - UK
To print this article, all you need is to be registered or login on Mondaq.com. In January 2020, the Commercial Court held in AA v. Person Unknown [2019] EWHC 2556 (Comm) that a cryptocurrency such as bitcoin is a form of property capable of forming the subject of a proprietary injunction. This is the first time the courts have applied the analysis set out in the UK Jurisdiction Taskforce's legal statement on cryptoassets and smart contracts to a cryptocurrency.
The next frontier with cryptocurrencies
The Commercial Court held in AA v. Person Unknown [2019] EWHC 2556 (Comm) that a cryptocurrency such as bitcoin is a form of property capable of forming the subject of a proprietary injunction, in January. This is the first time the courts have applied the analysis set out in the UK Jurisdiction Taskforce’s legal statement on cryptoassets and smart contracts to a cryptocurrency. This decision brings clarity regarding the status of cryptocurrencies as a form of property.
Significant expansion to the jurisdiction and powers of the Financial Ombudsman Service | Lexology
The FCA is proposing to more than double the Financial Ombudsman Service’s maximum award limit. The proposal comes alongside an imminent expansion of the Ombudsman’s scheme to cover small businesses and guarantors. The Financial Conduct Authority (FCA) has published a consultation paper proposing to increase the maximum award the Ombudsman can require firms to pay from £150,000 to £350,000.
The FCA Focuses the Spotlight on Senior Managers (Again)
The FCA has finally released its long-awaited consultation paper[1] (CP) on its planned extension to the Senior Managers and Certification Regime (SM&CR) to the vast majority of those firms regulated by it. The FCA intends introducing this new extended regime on a proportionate basis and having regard to the plethora of activities undertaken by regulated firms, and the size and scale of individual firms. Here Douglas Cherry, Partner at Reed Smith, discusses with Finance Monthly.
Senior Managers and Certification Regime Extension
The UK Financial Conduct Authority (FCA) has published its long-awaited consultation paper on extending the senior managers and certification regime (SMCRE) to all authorised firms. A separate consultation paper has been published for insurers. The SMCRE will consist of a “core regime”, an “enhanced regime” and a “limited scope regime” to reflect the size, scale and complexity of the firms that will be subject to this regime.
Senior Managers and Certification Regime Extension
The UK Financial Conduct Authority (FCA) has published its long-awaited consultation paper on extending the senior managers and certification regime (SMCRE) to all authorised firms. A separate consultation paper has been published for insurers. The SMCRE will consist of a “core regime”, an “enhanced regime” and a “limited scope regime” to reflect the size, scale and complexity of the firms that will be subject to this regime.
Senior Managers and Certification Regime Extension
The UK Financial Conduct Authority (FCA) has published its long-awaited consultation paper on extending the senior managers and certification regime (SMCRE) to all authorised firms. A separate consultation paper has been published for insurers. The SMCRE will consist of a “core regime”, an “enhanced regime” and a “limited scope regime” to reflect the size, scale and complexity of the firms that will be subject to this regime.
The ‘Penis Causes Climate Change’ Hoax Paper Approved
Cogent Social Sciences has updated the article “The Conceptual Penis as a Social Construct” after its authors revealed it was a hoax. The academic paper that claimed penises cause climate change was reviewed and approved with no changes by two peer reviewers at a scientific journal. The paper claimed the primary male sex organ is “problematic,” presents “significant problems for gender identity,” and causes climate change.
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