All Insights https://www.osborneclarke.com/ en Mon, 27 May 2024 18:08:49 +0100 Fri, 19 Apr 2024 10:58:41 +0100 International Funds Legal Update | 19 April 2024 https://www.osborneclarke.com/insights/international-funds-legal-update-19-april-2024 &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/03/16/OC-IS_010.jpg?VersionId=X6cyEJ1XgnOPivlTQEB4JYyRFzSCaGaU' /><br /><p><strong>UK authorised funds rules amends and tokenisation progress, and EU marketing, disclosure and investment rules updates</strong></p>]]&gt; Fri, 19 Apr 2024 10:58:41 +0100 All Insights Fintech, digital assets, payments and consumer credit | UK Regulatory Outlook February 2024 https://www.osborneclarke.com/insights/regulatory-outlook-February-2024-fintech-digital-assets-payments-consumer-credit &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/21/09/17/H_2011101743FWI_Regulatory-Outlook-2021_JAN-21_ICONS_Payments%20%281%29.png?VersionId=omYVrzbmy2ozrGTxB4Ix92oQ5.el73uB' /><br /><p><strong>BoE and HM Treasury respond to consultation on case for digital pound | ESMA consults on draft guidelines under MiCA</strong></p>]]&gt; Wed, 28 Feb 2024 10:09:13 +0000 All Insights DORA – New EU cybersecurity law for Crypto https://www.osborneclarke.com/insights/dora-new-eu-cybersecurity-law-crypto <p>Crypto-assets are digital in their nature, but in many ways resemble traditional assets. In line with the <a href="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32023R1114">EU's Regulation on Markets in Crypto-assets</a> ("<strong>MiCAR</strong>"), crypto-assets are digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar (DLT).</p><p>As the economic value of crypto-assets is stored directly "on-chain”, embedded within the DLT tokens, security of the distributed ledger technology and related digital services gains critical importance. This does not go unnoticed by the regulators.</p><p>In this piece we will take a look at the newest EU regulation on cybersecurity in the financial sector – the <a href="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32022R2554&amp;qid=1704735497554">Digital Operational Resilience Act</a> ("<strong>DORA</strong>") – and its impact on the crypto-assets market.</p><article data-quickedit-entity-id="media/4151"> <div class="field field--name-field-media-image field--type-image field--label-hidden field__item"> <img loading="lazy" src="https://oc-static.poweredbyproctors.co.uk/public/images/21/12/29/OC_KI_092.jpg?VersionId=R24gJdm6ja1vS1L5iAaSVQnBsPXTvaiH" width="1498" height="1000" alt="View through a man's glasses of code on a computer" typeof="Image"> </div> </article> Wed, 31 Jan 2024 14:21:12 +0000 All Insights Fintech Digital Assets Payments Consumer Credit | UK Regulatory Outlook January 2024 https://www.osborneclarke.com/insights/regulatory-outlook-January-2024-fintech-digital-assets-payments-consumer-credit &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/23/01/25/Reg-Outlook-1000px_Jan-2023_Fintech-insight.png?VersionId=3TgZ5i1QiwdP5Hh763bXPbcP6kJjFedC' /><br /><p><strong>Reforms to the financial promotions regime | Designation of critical third parties to the financial sector | Regulatory work on account closures</strong></p>]]&gt; Thu, 11 Jan 2024 10:09:13 +0000 All Insights International Funds Legal Update | December 2023 https://www.osborneclarke.com/insights/international-funds-legal-update-december-2023 &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/06/02/FS_stock_market_numbers.jpg?VersionId=Lx7q8.Li34CBusXBo1RnoNa1nVBOKmB0' /><br /><p><strong>Greenwashing, SDR, sustainability finance framework, fund disclosure rules and more</strong></p>]]&gt; Tue, 12 Dec 2023 09:39:15 +0000 All Insights International Funds Legal Update | 16 November 2023 https://www.osborneclarke.com/insights/international-funds-legal-update-16-november-2023 &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/03/16/OC-IS_010.jpg?VersionId=X6cyEJ1XgnOPivlTQEB4JYyRFzSCaGaU' /><br /><p class="MsoNormal"><span><strong>Venture Capital Investment Compact, FSCS coverage for LTAFs, and funds tokenisation</strong></span></p>]]&gt; Thu, 16 Nov 2023 11:17:06 +0000 All Insights New rules on marketing cryptoassets in the UK suffer teething issues https://www.osborneclarke.com/insights/new-rules-marketing-cryptoassets-uk-suffer-teething-issues &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/01/04/FS_stock_market_display_screen.jpg?VersionId=iQDWv6hKcvOiVBI.ATrB1tMaM5nmKE5B' /><br /><p><strong>Regulator warns firms on compliance, flags common problems with crypto financial promotions, and issues guidance</strong></p>]]&gt; Fri, 03 Nov 2023 11:21:45 +0000 All Insights Fintech, Digital Assets, Payments and Consumer Credit | UK Regulatory Outlook October 2023 https://www.osborneclarke.com/insights/regulatory-outlook-October-2023-fintech-digital-assets-payments-consumer-credit &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/23/01/25/Reg-Outlook-1000px_Jan-2023_Fintech-insight.png?VersionId=3TgZ5i1QiwdP5Hh763bXPbcP6kJjFedC' /><br /><p><strong>New rules on marketing cryptoassets to UK consumers now in force | Payment service contract termination rule changes | FCA reveals GFIN Greenwashing TechSprint winners</strong></p>]]&gt; Tue, 31 Oct 2023 12:49:47 +0000 All Insights What is the impact of the recast EU Transfer of Funds Regulation on crypto-assets transfers? https://www.osborneclarke.com/insights/what-impact-recast-eu-transfer-funds-regulation-crypto-assets-transfers &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/21/12/29/OC_KI_088.jpg?VersionId=IqAaIPEJ2dfVTgVeuFhtihR51KfStFIa' /><br /><p><strong>The recast regulation extends the application of the Travel Rule to transfers of crypto-assets in a significant step in the fight against money laundering</strong></p>]]&gt; Thu, 26 Oct 2023 10:57:20 +0100 All Insights What are the EU's white paper requirements in MiCAR and do they apply to Bitcoin? https://www.osborneclarke.com/insights/what-are-eus-white-paper-requirements-micar-and-do-they-apply-bitcoin &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/06/02/FS_stock_market_numbers.jpg?VersionId=Lx7q8.Li34CBusXBo1RnoNa1nVBOKmB0' /><br /><p><strong>The ground-breaking Markets in Crypto-Assets Regulation will apply across the EU, but what will its impact be on established crypto-assets?</strong></p>]]&gt; Wed, 04 Oct 2023 15:39:00 +0100 All Insights UK OFSI issues first 'disclosure notice' censuring sanctions breach https://www.osborneclarke.com/insights/uk-ofsi-issues-first-disclosure-notice-censuring-sanctions-breach &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/01/04/FS_stock_market_display_screen.jpg?VersionId=iQDWv6hKcvOiVBI.ATrB1tMaM5nmKE5B' /><br /><p><strong>Decision provides guidance on compliance as Financial Conduct Authority issues its own sanctions-compliance findings</strong></p> ]]&gt; Tue, 19 Sep 2023 09:48:41 +0100 All Insights Electronic Trade Documents Act paves way for digitalised trade in the UK https://www.osborneclarke.com/insights/electronic-trade-documents-act-paves-way-digitalised-trade-uk &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/03/16/OC-IS_022.jpg?VersionId=txqsSQcC_sRPe3rt52na9FkaLtw2_mvy' /><br /><p><strong>A new era of paperless international trade could enhance the UK economy by £1bn over the next decade, says government</strong></p> ]]&gt; Tue, 12 Sep 2023 12:13:17 +0100 All Insights Singapore’s central bank finalises regulatory approach to stablecoins https://www.osborneclarke.com/insights/singapores-central-bank-finalises-regulatory-approach-stablecoins &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/01/04/FS_stock_market_numbers.jpg?VersionId=962DpMvHyOwLa67Y9GeJSJOxgQXAenOS' /><br /><p><strong>The regulations target issuers and intermediaries in Singapore and systemic stablecoin arrangement entities</strong></p> ]]&gt; Thu, 31 Aug 2023 10:16:53 +0100 All Insights Cryptocurrency tokens: should they be treated as a 'security' based on manner of sale? https://www.osborneclarke.com/insights/cryptocurrency-tokens-should-they-be-treated-security-based-manner-sale &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/01/04/FS_stock_market_display_screen.jpg?VersionId=iQDWv6hKcvOiVBI.ATrB1tMaM5nmKE5B' /><br /><p><strong>A Singapore view on XRP and LUNA-UST tokens following two US judgments on Securities and Exchange Commission cases</strong></p>]]&gt; Mon, 14 Aug 2023 11:42:49 +0100 All Insights Singapore proposes regulation for digital payment token services https://www.osborneclarke.com/insights/singapore-proposes-regulation-digital-payment-token-services &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/23/10/19/FS_stock_market_display_screen.jpg?VersionId=x1S1r0EOAhOYO7cul_h8qo2Fe_Okzobv' /><br /><p><strong>Asset segregation, lending and staking, and incentive restrictions are the main reforms raised in a recent MAS paper</strong></p> ]]&gt; Mon, 07 Aug 2023 12:59:36 +0100 All Insights Exploring the EU MiCAR crypto-asset transfer service https://www.osborneclarke.com/insights/exploring-eu-micar-crypto-asset-transfer-service &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/01/04/FS_stock_market_numbers.jpg?VersionId=962DpMvHyOwLa67Y9GeJSJOxgQXAenOS' /><br /><p><strong>The new EU rules specify 10 crypto-asset services and our MiCAR 'deep dive' series opens with a look at transfer services</strong></p> ]]&gt; Mon, 07 Aug 2023 09:19:49 +0100 All Insights Law Commission report positions UK as a centre for digital asset disputes https://www.osborneclarke.com/insights/law-commission-report-positions-uk-centre-digital-asset-disputes &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/21/12/30/GEN_people_team_meeting.jpg?VersionId=ingCnplB5QchC1JVNtio92XtKd_varfs' /><br /><p><strong>Long-awaited paper identifies the strength of English common law in addressing legal issues arising from digital assets</strong></p> ]]&gt; Fri, 14 Jul 2023 17:02:27 +0100 All Insights What are the implications of the EU Data Act for smart contract operators? https://www.osborneclarke.com/insights/what-are-implications-eu-data-act-smart-contract-operators &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/03/16/OC-IS_001.jpg?VersionId=DcHvflLJQ7EFMmbxqof2Zpxmp34kT003' /><br /><p><strong>EU policymakers finalise long-anticipated new data rules that have far-reaching significance for smart contracts</strong></p> ]]&gt; Fri, 07 Jul 2023 08:59:21 +0100 All Insights Marketing cryptoassets in the UK? Prepare for new rules this autumn https://www.osborneclarke.com/insights/marketing-cryptoassets-uk-prepare-new-rules-autumn &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/21/12/29/OC_KI_091.jpg?VersionId=jSe5JbEzEofedfQRJo9twM5H7ePp2zCk' /><br /><p><strong>The UK regulator has confirmed near-final rules governing how firms can promote cryptoassets from 8 October 2023</strong></p>]]&gt; Wed, 28 Jun 2023 15:09:35 +0100 All Insights HMRC consults on proposals to change the tax treatment of lending and staking tokens in the UK https://www.osborneclarke.com/insights/hmrc-consults-proposals-change-tax-treatment-lending-and-staking-tokens-uk &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/03/16/OC-IS_012.jpg?VersionId=DOPO7JT0G9CbAApZAM_JwAFZt.YjKolj' /><br /><p><strong>Changing the tax treatment of decentralised finance lending and staking of cryptoassets could bring welcome certainty for VC and PE funds, but questions remain</strong></p> ]]&gt; Thu, 15 Jun 2023 14:54:30 +0100 All Insights Defending claims against crypto exchanges in English law: the surprising benefit of turning up https://www.osborneclarke.com/insights/defending-claims-against-crypto-exchanges-english-law-surprising-benefit-turning &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/01/04/FS_stock_market_display_screen.jpg?VersionId=iQDWv6hKcvOiVBI.ATrB1tMaM5nmKE5B' /><br /><p><strong>High Court decision raises hurdle for crypto-fraud victims when tracing into the pooled assets of 'bona fide' exchanges</strong></p>]]&gt; Wed, 24 May 2023 12:37:27 +0100 All Insights MiCAR – the final scope of a long expected (future-proof) framework at Union level for crypto https://www.osborneclarke.com/insights/micar-final-scope-long-expected-future-proof-framework-union-level-crypto &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/23/10/19/FS_stock_market_display_screen.jpg?VersionId=x1S1r0EOAhOYO7cul_h8qo2Fe_Okzobv' /><br /><p><strong>Is MiCAR fit for the digital age?</strong></p> ]]&gt; Mon, 15 May 2023 11:49:11 +0100 All Insights EU's Markets in Crypto-Assets Regulation establishing regulatory framework is approved https://www.osborneclarke.com/insights/eus-markets-crypto-assets-regulation-establishing-regulatory-framework-approved &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/01/04/FS_stock_market_numbers.jpg?VersionId=962DpMvHyOwLa67Y9GeJSJOxgQXAenOS' /><br /><p><strong>Yesterday, the European Parliament approved the Markets in Crypto-Assets Regulation, setting new game-changing rules for the cryptocurrency industry</strong></p> ]]&gt; Fri, 21 Apr 2023 15:04:16 +0100 All Insights UK government moves to regulate promotion of cryptoassets https://www.osborneclarke.com/insights/uk-government-moves-regulate-promotion-cryptoassets &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/21/12/29/OC_KI_091.jpg?VersionId=jSe5JbEzEofedfQRJo9twM5H7ePp2zCk' /><br /><p><strong>Marketing of in-scope digital assets will be subject to restriction long familiar to wider financial services sector&nbsp;</strong></p>]]&gt; Thu, 30 Mar 2023 15:41:28 +0100 All Insights Financial Conduct Authority lays down clear priorities for UK payments sector https://www.osborneclarke.com/insights/financial-conduct-authority-lays-down-clear-priorities-uk-payments-sector &lt;[CDATA[<img src='https://oc-static.poweredbyproctors.co.uk/public/images/22/01/04/REI_buildings_canary_wharf.jpg?VersionId=qw_aTWV4aJry48H46oLCSxe3i12RTeee' /><br /><p><strong>UK financial services regulator warns of 'unacceptable risk' that some payments firms pose to customers and the financial system's stability</strong></p> ]]&gt; Thu, 23 Mar 2023 14:48:27 +0000 All Insights