Jun 20, 2023 Cyber supply chain risk and the insurance sector By Beth Dobson The Capita cyber attack in March 2023 and possible resulting data breach has highlighted again the potential vulnerability of firms to...
Jun 08, 2023 Crypto Promo - Slow Mo By Tim Fosh The FCA has today published a policy statement and near final rules regarding the promotion of cryptoassets. Absent any unforeseen...
May 24, 2023 Blackjack, Poker and… Crypto? By Emily Bradley All bets are off for the cryptoasset (‘crypto’) industry following publication of the House of Common’s Treasury Committee report on...
Feb 14, 2023 How would you like to pay? Moving towards the digital pound By Emily Bradley 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...
Feb 01, 2023 Crypto: Promo Go Slow (Part 2) By Tim Fosh 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...
Feb 01, 2023 Crypto-ing the line By Tim Fosh 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...
Jan 26, 2023 ICO tech report highlights privacy challenges for four key technologies By Natalie Donovan The ICO is encouraging developers to consider privacy at an early stage when implementing new technologies and, in its first annual...
Jan 20, 2023 Accountability and technology: imagining the future of the SM&CR By Emily Bradley The Senior Managers and Certification Regime or 'SM&CR', a regulatory lever which seeks to foster greater individual accountability...
Oct 12, 2022 How to regulate the use of AI in financial services – still looking for answers By Selmin Hakki 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...
Aug 11, 2022 Tornado Cash: US Treasury sanctions virtual currency mixer By Emily Bradley On Monday 8 August the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned virtual currency mixer Tornado...
Jul 19, 2022 Crypto winter, regulatory spring By Emily Bradley 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...
Jun 23, 2022 UK financial regulators to oversee big cloud providers By Selmin Hakki HM Treasury (HMT) has unveiled plans to introduce a new framework that would provide the UK financial regulators - the Bank of England,...
Mar 31, 2022 Risky Business - PRA sets out expectations on firms engaging in cryptoasset activities By Tim Fosh Last week the PRA published a letter directed to the CEOs of banks and PRA-designated investment firms regarding their exposures to...
Mar 31, 2022 Cryptoassets and financial stability: BoE outlines key risks and approach By David Kasal In a new report published last week, the Financial Policy Committee (FPC) of the Bank of England began formalising its position on the...
Feb 22, 2022 Kalifa Review: First year school report By Tim Fosh As I wrote at the time it was published, the Kalifa Review of the UK fintech industry set out an ambitious framework to support the...
Feb 07, 2022 Cryptoasset promotions: sweat the small stuff By Slaughter and May The FCA has published a consultation paper setting out its approach to strengthening its financial promotion rules for high risk...