15 Aug, 2024 Hong Kong Introduces Regulatory Regime for Stablecoin Issuers By Vincent Chan Despite its name, the global stablecoin market has been far from stable in recent years. In response, regulators and governments across...
19 Jul, 2024 The wallet revolution: FCA and PSR publish call for information on Big Tech and digital wallets By Emily Bradley Jennyfer Moreau How did you pay for your coffee today? Because the UK Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) are...
01 May, 2024 Tackling AI risk in financial services: existing regulatory framework declared well equipped, for now By Emily Bradley On 22 April 2024 the Bank of England, PRA and FCA confirmed their view that the existing regulatory framework is well equipped to capture...
29 Jan, 2024 Quantum Security for the Financial Sector: FCA and World Economic Forum publish a collaborative report By Emily Bradley Andres Chau 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...
25 Oct, 2023 Equifax: a new dawn for FCA enforcement? By Tabitha Harris The FCA’s recent decision to fine Equifax Limited (“Equifax”) £11,164,400 for failing to manage and monitor the security of UK consumer...
20 Jun, 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...
08 Jun, 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...
24 May, 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...
14 Feb, 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...
01 Feb, 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...
01 Feb, 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...
26 Jan, 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...
20 Jan, 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...
12 Oct, 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...
11 Aug, 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...
19 Jul, 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...