Fintech

A Cross-Border Merchant of Record (“MoR”) is an entity that offers and delivers services across national boundaries, entering contracts directly with overseas customers. Unlike marketplaces or facilitators, an MoR is the principal in a transaction, responsible for the service delivery, invoicing, taxation, and compliance with both domestic and international regulatory frameworks. While the customer purchases

Case Note: The Standard Bank of South Africa v The South African Reserve Bank Case Background This High Court judgment from the Gauteng Division, Pretoria, addresses the applicability of South Africa’s Exchange Control Regulations (“Excon“) to cryptocurrency transactions. The case centers on forfeiture orders issued by the South African Reserve Bank (“SARB”) against funds held

I. Introduction On May 8, 2025, the Reserve Bank of India (“RBI”) issued the comprehensive Reserve Bank of India (Digital Lending) Directions, 2025 (“Directions”) to regulate digital lending activities in India. The Directions consolidate previous guidelines while introducing new measures to address concerns in the digital lending ecosystem. This piece analyzes the key provisions of

In the global arena of financial technology, India’s Digital Public Infrastructure (DPI) has firmly established itself as a bastion of innovation and efficiency, particularly in the context of Fintech Law in India. This was exemplified with profound impact at the G20 Summit held in New Delhi in September 2023. The DPI, especially the Unified Payments