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UK Cryptoasset Promotion Rules Could Spell Trouble for Firms Outside the UK

The UK Financial Conduct Authority (FCA) has adopted new rules that will restrict how companies market certain crypto assets. The rules include mandatory cooling off periods and appropriateness assessments for potential...more

The European Affairs Committee Reports on the UK-EU Relationship in Financial Services

Exactly six years following the UK voting in a referendum to leave the EU, the House of Lords European Affairs Committee (“Committee”), on 23 June, published a report on the relationship between the UK-EU in financial...more

COVID-19 UK: Financial Regulation – FCA are adapting the rule book, not throwing it out – Update

The FCA is facing a difficult balancing act. As the conduct regulator, and the prudential regulator to many firms, it is imperative that firms which the FCA authorise maintain high standards. ...more

The FCA Reclassifies Cryptoassets, But Is It Moving Away From Its Technology Neutral Approach?

The Financial Conduct Authority (FCA) has released final guidance on cryptoassets in a policy statement that includes feedback from their January consultation paper. It is important to note that the policy statement is of a...more

Cryptoassets Taskforce – Final Report: Cryptoasset Regulation Is Coming … (Maybe)

The regulation of cryptoassets is a question that has been troubling lawmakers and regulators across the globe. This new phenomenon has had a small but significant effect on how financial services function and facilitates new...more

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