On 22 April 2024 the Bank of England, PRA and FCA confirmed their view that the existing regulatory framework is well equipped to capture...

The risks and rewards posed by quantum computing have been on our mind for some time now, and last week the World Economic Form and the...

The FCA’s recent decision to fine Equifax Limited (“Equifax”) £11,164,400 for failing to manage and monitor the security of UK consumer...

The Capita cyber attack in March 2023 and possible resulting data breach has highlighted again the potential vulnerability of firms to...

The FCA has today published a policy statement and near final rules regarding the promotion of cryptoassets. Absent any unforeseen...

All bets are off for the cryptoasset (‘crypto’) industry following publication of the House of Common’s Treasury Committee report on...

In a significant step, the Bank of England and HM Treasury have declared that it is "likely" that a digital pound—the catchy moniker for...

Just a week after the FCA's review of AML registration applications by crypto firms, we've now got two important publications from the UK...

Back at the very beginning of 2020 Covid-19 still hadn't been designated a pandemic, Brexit still wasn't quite 'done' and you could start...

The ICO is encouraging developers to consider privacy at an early stage when implementing new technologies and, in its first annual...

The Senior Managers and Certification Regime or 'SM&CR', a regulatory lever which seeks to foster greater individual accountability...

How to regulate AI is the subject of a wide-ranging debate, both in the UK and internationally. One of the critical issues in this debate...

On Monday 8 August the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned virtual currency mixer Tornado...

Until not so long ago, lawyers like me would have to trawl the internet for a whispered mention of crypto from a regulator, and it took...

HM Treasury (HMT) has unveiled plans to introduce a new framework that would provide the UK financial regulators - the Bank of England,...

Last week the PRA published a letter directed to the CEOs of banks and PRA-designated investment firms regarding their exposures to...