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UK FCA on cryptoasset financial promotions and fiat-to-crypto on/off ramp services

The FCA has published its expectations on registered or regulated firms partnering with unregistered cryptoasset firms, which may be illegally promoting to UK consumers....more

UK: Autumn Statement – financial services announcements at a glance

The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, presented HM Treasury’s Autumn Statement for growth on 22 November 2023.  We summarise below the key proposals relating to financial services regulation....more

Financial Institutions Horizons 2023

The outlook for 2023 looks uncertain, following another tumultuous year. The collapse of a number of large cryptocurrency exchanges has shone another spotlight on the digital asset market. The financial system’s resilience...more

Operational Resilience: Six weeks to go…

The UK regulators’ new rules on Operational Resilience enter into force on 31 March 2022. Firms need to ensure that they have identified “important business services” and set “impact tolerances” for those important business...more

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