All Insights

Financial Services

UK Financial Reporting Council consults on revisions to its Ethical Standard

Further reporting and independence obligations will strengthen compliance and audit trust
Blockchain

Cryptocurrency tokens: should they be treated as a 'security' based on manner of sale?

A Singapore view on XRP and LUNA-UST tokens following two US judgments on Securities and Exchange Commission cases
Banking and finance

UK regulator's guidance for financial promotions on social media set for revamp

The overhaul aims to keep pace with the rapidly changing online landscape while tackling non-compliant and illegal ads
Commercial

What does English law say an insurer 'knows'?

A recent decision has explored whether information given to claims handlers is deemed to be known by underwriters
Commercial

UK Court of Appeal considers when an agreement can be novated by conduct

Changing a party to an agreement should be viewed as a novation not a variation, and a 'no dealing' clause
Financial Services

Financial Reporting Council reforms strengthen decision-making over UK audit quality

Changes to the Audit Enforcement Procedure aim to ensure high-profile audit failures are given proper scrutiny
Financial Services

Singapore proposes regulation for digital payment token services

Asset segregation, lending and staking, and incentive restrictions are the main reforms raised in a recent MAS paper
Energy and Energy Transition

Dutch government shifts policy on solar panels on farmland

To minimise the impact on nature, solar parks on agricultural land will be restricted.
Blockchain

Exploring the EU MiCAR crypto-asset transfer service

The new EU rules specify 10 crypto-asset services and our MiCAR 'deep dive' series opens with a look at transfer
Financial Services

UK Upper Tribunal restricts the FCA's interpretation of consumer redress schemes

The UK financial regulator's powers are not unfettered if their imposition would produce absurd results
The Building Safety Act

How does the Building Safety Act 2022 impact lending in England?

The overhaul of the safety regime for high-rise residential buildings in England introduces new considerations for lenders
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