The Financial Conduct Authority (FCA) confirmed on 11 March 2024 it will not object to requests from Recognised Investment Exchanges (RIEs) to establish UK-listed market segments for cryptoasset-backed exchange-traded notes...more
On 6 November 2023, the UK Financial Conduct Authority ("FCA") set out proposals for its regulation of fiat-backed stablecoins ("DP 23/4"). DP 23/4 invites stakeholders to provide feedback by 6 February 2024....more
11/27/2023
/ Banking Sector ,
Cryptoassets ,
Cryptocurrency ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FSMA ,
Proposed Regulation ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Stablecoins ,
UK
From 8 October 2023, marketing of cryptoassets in the UK will be subject to a general restriction on financial promotions,1 breach of which is a criminal offence. The restriction will apply to communications capable of having...more
The UK Financial Conduct Authority (FCA) has unveiled new and near-final rules in Policy Statement 23/6 (PS23/6)1 that will apply to:
- 'authorised persons', which includes firms authorised under Part 4A of the Financial...more
With a new operational resilience framework in force in the UK and similar reforms proposed in the EU and the US, we examine how the regimes compare and their practical impact on financial services firms....more
12/5/2022
/ Bank of England ,
Banks ,
Basel Committee on Banking Supervision (BCBS) ,
Cyber Incident Reporting ,
Cybersecurity ,
EU ,
European Commission ,
Federal Deposit Insurance Act ,
FFIEC ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Infrastructure ,
IOSCO ,
Natural Disasters ,
New Rules ,
Prudential Regulation Authority (PRA) ,
UK
It has been a period rife with notable shifts on the global stage; a new administration in the US, the end of the Brexit transition period and the reaching of key milestones in the discontinuation of LIBOR, to name but a few....more
11/16/2021
/ Banking Sector ,
Biden Administration ,
Climate Change ,
Cross-Border ,
Department of Labor (DOL) ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Services Industry ,
Libor ,
OCC ,
Regulatory Oversight ,
Sustainability ,
UK
How to stay ahead of the curve, minimize future costs of compliance and feed the growing demand from investors for responsible products and services -
Environmental, social and governance (ESG) investing is accelerating...more
12/23/2019
/ AMF ,
Benchmarks ,
Carbon Emissions ,
Climate Change ,
Environmental Social & Governance (ESG) ,
EU ,
EU Action Plans ,
Financial Conduct Authority (FCA) ,
Financial Regulatory Agencies ,
Green Finance ,
Investment Funds ,
MiFID II ,
Paris Agreement ,
Pollution Control ,
Prudential Regulation Authority (PRA) ,
Sustainable Development Goals (SDGs) ,
Sustainable Finance ,
Taxonomy ,
UK ,
UK Insolvency Act ,
United Nations
New Principles for Business and conduct rules for payment services and connected activities will apply from 1 August. Affected firms will need to have in place a business-wide strategy for complying with the Principles for...more