All Insights

Financial Services

UK consults on reform to anti-money laundering supervision

Four potential models include a proposal for a single supervisor that would significantly impact financial service firms
Regulatory Outlook

Fintech, digital assets, payments and consumer credit | UK Regulatory Outlook July 2023

FCA letter to cryptoasset firms on changes to financial promotion rules | Parliamentary inquiry into lending to SMEs and access
Financial Services

Chancellor reaffirms UK move towards a 'smarter regulatory framework'

Mansion House speech supports post-Brexit rewrite of the financial services rulebook and payments industry reforms
Financial Services

UK boosts consumer protection against authorised push payment fraud

New rules on reimbursing victims are likely to have significant industry impact
Blockchain

Law Commission report positions UK as a centre for digital asset disputes

Long-awaited paper identifies the strength of English common law in addressing legal issues arising from digital assets
Banking and finance

Is Quincecare retired or restrained by the UK Supreme Court's unanimous decision?

The ruling in Philipp v Barclays found that the bank did not owe a duty to its customer in authorised
Blockchain

What are the implications of the EU Data Act for smart contract operators?

EU policymakers finalise long-anticipated new data rules that have far-reaching significance for smart contracts
Financial Services

FCA re-emphasises its commitment to financial services culture in response to UK Treasury Committee

FCA responds to letter on non-financial misconduct and firm culture ahead of its appearance before Committee
Financial Services

European Commission introduces proposal for an open finance framework

A draft Open Finance Act's framework for financial data access builds on 'open banking' rules: what are its main elements?

Financial Services

Marketing cryptoassets in the UK? Prepare for new rules this autumn

The UK regulator has confirmed near-final rules governing how firms can promote cryptoassets from 8 October 2023
Regulatory Outlook

Fintech, digital assets, payments and consumer credit | UK Regulatory Outlook June 2023

PSR policy statement | Financial promotion rules for cryptoassets | Unbacked cryptoassets to be regulated as gambling | MiCA Regulation
Tax

HMRC consults on proposals to change the tax treatment of lending and staking tokens in the UK

Changing the tax treatment of decentralised finance lending and staking of cryptoassets could bring welcome certainty for VC and PE