Dana Lennon and Lori Nuckolls, co-chairs of the Subcommittee on Digital Technology Issues for Nonprofits, host an informative discussion on the use of digital assets in nonprofit organizations. Joined by subcommittee members Laura Angel Lalanne and John Bennett, alongside nonprofit leaders Kevin Scally of Doctors Without Borders USA and Zach Bronstein of Endaoment, they delve into different types of digital assets, their benefits for nonprofits, real-world applications, and the associated governance and legal considerations. The discussion includes practical advice on implementing digital asset strategies, addressing risk, ensuring transparency, and complying with emerging regulations and legislation.
Want to further explore the latest developments in financial technology and associated regulatory changes? Join us at the City Bar’s upcoming FinTech Conference on September 9. (This program will be available on-demand thereafter.) Visit nycbar.org/events to find all of the most up-to-date information about our upcoming programs and events.
01:24 Understanding Digital Assets for Nonprofits
03:31 Kevin Scaly on Doctors Without Borders
05:52 Zach Bronstein on Endaoment
12:16 Implementing Digital Asset Strategies
18:35 Board Approval and Policy Considerations
24:57 Nonprofit Security Measures and Asset Management
29:28 Donor Information and Anonymity
33:07 Governance and Legal Considerations
44:04 Advice for Nonprofits on Digital Assets
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Financial Frontiers in the Metaverse
What are the economics of the metaverse? Is your privacy safe when you make a financial transaction? What new scams and cons are criminals developing in the world of virtual reality? Flora Lau leads a cohort from the City Bar Presidential Task Force on Artificial Intelligence and Digital Technologies – Terry Dugan, Sabeena Ahmed Liconte, Alex Southwell, Irene Byhovsky, Clark Abrams, and Adam Scott Wandt – in a discussion covering regulatory implications, privacy concerns, national security issues, and cybersecurity challenges. They share detailed analysis, use cases, and potential solutions to ensure a balance between innovation and regulation, while also considering the broader implications for privacy and security. They also touch on the importance of regulatory sandboxes and future technologies that may reshape our digital interactions.
Want to learn more about developing standards and best-practices for emerging technologies? Join us at the City Bar’s upcoming FinTech Conference on September 9. (This program will be available on-demand thereafter.) Visit nycbar.org/events to find all of the most up-to-date information about our upcoming programs and events.
01:07 Defining the Metaverse
02:52 Economic Aspects of the Metaverse
05:20 Financial Activities in the Metaverse
14:33 Regulatory Considerations for Financial Institutions
36:36 Privacy and Data Concerns in the Metaverse
51:25 Child Privacy and Financial Risks in the Metaverse
52:25 Global Perspective on Metaverse Adoption
54:13 Recommendations for Metaverse Platforms on Privacy
56:36 Challenges of Age Verification and Regulation
01:00:06 National Security Concerns in the Metaverse
01:00:51 Money Laundering and Financial Crimes in the Metaverse
01:17:40 Cybersecurity in the Metaverse
01:31:34 Future of the Metaverse and Regulatory Considerations
01:39:48 Conclusion and Final Thoughts
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AI in Commerce and Finance
The City Bar Presidential Task Force on AI and digital technologies hosts this discussion on AI governance in the financial sector. Azish Filabi (American College McGuire Center for Ethics and Financial Services) moderates with Muyiwa Odeniyide (Nasdaq), Adam Marchuck (Citi), Jordan Romanoff (BNY Mellon), Stuart Levi (Skadden Arps), and Corey Goldstein (Paul Weiss). They share best practices for integrating AI governance and the specific risks associated with third-party AI vendors, underscoring the importance of cross-functional collaboration and continuous learning for lawyers navigating the rapidly changing AI environment.
Want to learn more about AI governance in the financial sector? Register for the City Bar’s Artificial Intelligence Institute on June 16 (available on-demand thereafter): https://services.nycbar.org/AIInstitute/ Visit nycbar.org/events to find all of the most up-to-date information about our upcoming CLE programs and events as well as on-demand CLE content.
01:08 AI Ethics and Financial Services
02:37 Current State of AI Law and Regulation
13:33 AI Use Cases in Financial Companies
16:50 AI Risk and Governance Considerations
18:45 Legal Perspectives on AI Risk
28:44 AI Governance in Financial Services
37:28 The Role of AI Lawyers
42:56 Balancing Innovation and Risk
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