On 31 July 2019 the UK Financial Conduct Authority (FCA) published final Guidance on the cryptoasset activities within its regulatory perimeter, in response to feedback on its January 2019 consultation paper and as trailed in...more
8/10/2019
/ Cryptocurrency ,
E-Money ,
E-money tokens ,
Exchange Tokens ,
Final Guidance ,
Financial Conduct Authority (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Markets ,
Financial Services Industry ,
HM Treasury ,
International Harmonization ,
Money Transfer ,
Payment Services Directive ,
Public Consultations ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Securities Tokens ,
SMCR ,
Tech Neutrality ,
UK ,
UK Brexit ,
UK Regulated Activities Order (RAO Amendments) ,
Utility Tokens
Currently, cryptoasset exchanges and wallet providers are not generally required (depending on their business model) to identify their customers, monitor transactions or report suspicious activity. On 15 April HM Treasury...more
4/20/2019
/ AMLD IV ,
Bitcoin ,
Consultation ,
Consultation Periods ,
Cryptoassets ,
Customer Due Diligence (CDD) ,
Digital Assets ,
EU Directive ,
Exchange Tokens ,
HM Treasury ,
Initial Coin Offering (ICOs) ,
MLD5 ,
Money Laundering ,
Money Transmitter ,
Open Source Software ,
Peer-to-Peer ,
Privacy Coins ,
Securities Tokens ,
Suspicious Activity Reports (SARs) ,
UK Cryptoassets Taskforce ,
Utility Tokens ,
Virtual Currency
Partners Julia Smithers Excell and Stuart Willey, and associate Laura Kitchen of global law firm White & Case take a deep dive on the latest publications from EU and UK regulators aimed at providing supervisory clarity on the...more
4/1/2019
/ Anti-Money Laundering ,
Bank of England ,
Basel Committee on Banking Supervision (BCBS) ,
Bearer Shares ,
Collective Investment Schemes ,
Consumer Protection Laws ,
Cross-Border Transactions ,
Cryptoassets ,
CSDR ,
Debt Instruments ,
Distributed Ledger Technology (DLT) ,
Electronic Payment Transactions ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
European Banking Authority (EBA) ,
European Commission ,
European Economic Area (EEA) ,
European Securities and Markets Authority (ESMA) ,
Exchange Tokens ,
FATF ,
Financial Conduct Authority (FCA) ,
Financial Instruments ,
FinTech ,
HM Treasury ,
Information Reports ,
Initial Coin Offering (ICOs) ,
Member State ,
MiFID II ,
Popular ,
Prospectus ,
PSD2 ,
Securities ,
Securities Tokens ,
Transparency ,
UK ,
UK Regulated Activities Order (RAO Amendments) ,
Utility Tokens