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Financial Markets Digital Securities

Hogan Lovells

UK: 10 things to note about the FCA and Bank of England Digital Securities Sandbox consultation

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On 3 April 2024, the Bank of England (BoE) and the Financial Conduct Authority (FCA) issued a consultation paper setting out the proposed approach to operating the Digital Securities Sandbox (DSS). The DSS is designed to...more

A&O Shearman

UK Legislates to Implement the Digital Securities Sandbox

A&O Shearman on

Legislation implementing the U.K.'s first digital sandbox – the Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023 – came into force on January 8, 2024. The DSS Regulations enable the...more

A&O Shearman

HM Treasury Confirms Approach to Digital Securities Sandbox

A&O Shearman on

Following its consultation earlier this year, HM Treasury has published a response to its consultation on the Digital Securities Sandbox, confirming that it will mostly adopt the approach consulted on to establish the DSS....more

A&O Shearman

HM Treasury Publishes Response to Consultation on Managing Failure of Systemic Digital Settlement Asset Firms

A&O Shearman on

HM Treasury has published a response to its consultation on managing the failure of systemic digital settlement asset firms. DSAs are defined broadly under the Financial Services and Markets Act 2023 as digital assets that...more

A&O Shearman

HM Treasury Consults on First Financial Market Infrastructure Sandbox – the Digital Securities Sandbox

A&O Shearman on

HM Treasury has published a consultation on the establishment of a financial market infrastructure sandbox, known as the Digital Securities Sandbox. The sandbox will be established using new powers granted by the...more

Orrick - Finance 20/20

FINRA Reports on Digital Investment Advice

Orrick - Finance 20/20 on

On March 15, the Financial Industry Regulatory Authority (commonly referred to as “FINRA”) issued a Report that emphasizes that offerings of digital investment advice requires sound governance and supervision, including...more

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