- What is new: The FCA has published Consultation Paper 25/23 proposing new regulations for Buy Now, Pay Later (BNPL) services, now termed deferred-payment credit (DPC), with rules coming into force on 15 July 2026. - Why it...more
7/30/2025
/ Buy Now Pay Later (BNPL) ,
Compliance ,
Consumer Lenders ,
Consumer Protection Laws ,
Financial Conduct Authority (FCA) ,
Lenders ,
New Regulations ,
Proposed Rules ,
Regulatory Requirements ,
The Pensions Regulator (TPR) ,
Third Party Funding ,
UK
The first half of 2025 brought significant developments in the regulation of digital and cryptoassets in the UK and EU. In this half-year update, we review these and look ahead to likely developments in the UK and EU in the...more
7/9/2025
/ Banking Sector ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
HM Treasury ,
Technology ,
UK
Following the publication by HM Treasury of the draft legislation establishing a financial services regulatory regime for cryptoassets in the UK, on 28 May 2025 the UK Financial Conduct Authority (FCA) published Consultation...more
6/6/2025
/ Cryptoassets ,
Cryptocurrency ,
Financial Conduct Authority (FCA) ,
Financial Regulatory Reform ,
HM Treasury ,
New Legislation ,
New Regulations ,
Proposed Rules ,
Regulatory Requirements ,
Stablecoins ,
UK
In October 2024, HM Treasury (HMT) published a consultation paper amid perceived concerns related to the “buy now, pay later” (BNPL) sector, including uninformed consumer decisions, affordability checks and levels of...more
As part of the UK government’s drive to develop legislation for a UK regulatory regime to govern the cryptoassets sector, on 16 December 2024 the UK Financial Conduct Authority (FCA) published Discussion Paper DP24/4, which...more
12/23/2024
/ Anti-Money Laundering ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Disclosure Requirements ,
Financial Conduct Authority (FCA) ,
Financial Promotions ,
Financial Services Industry ,
FinTech ,
Market Abuse ,
Regulatory Agenda ,
UK
On November 14, 2024, the UK government unveiled its National Payments Vision (the Vision), a strategy designed to reshape the UK’s payments ecosystem. This Vision responds to the findings of the 2023 Future of Payments...more
11/27/2024
/ Bank of England ,
Banking Sector ,
Cybersecurity ,
Data Privacy ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
HM Treasury ,
Open Banking ,
Payment Systems ,
PRC ,
Regulatory Agenda ,
UK
As regulators such as the UK’s Financial Conduct Authority have turned their attention to fintechs, sanctions compliance will remain a priority for the sector. Joseph Kamyar is joined by white collar defense and...more
As regulators such as the UK’s Financial Conduct Authority have turned their attention to fintechs, sanctions compliance will remain a priority for the sector. Joseph Kamyar is joined by white collar defense and...more
Susanne Chishti, founder and Chair of FINTECH Circle, joins Joseph Kamyar for this episode of “Fintech Focus” which takes listeners through current trends in the U.K. Fintech sector. In particular, we look at changes in...more
As the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) consider feedback to their consultation on guidance regarding the UK change-in-controller regime (consultation paper 25/23), we provide a...more
9/9/2024
/ Banking Sector ,
Corporate Governance ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Investment Management ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
UK
On 7 August 2024, the UK Financial Conduct Authority (FCA) published an update regarding its ongoing assessment of crypto firms’ adherence to the cryptoasset financial promotions rules introduced in October 2023. See our 23...more
On 30 July 2024, the Bank of England published a discussion paper on its approach to innovation in money and payments (the Discussion Paper). A recurring theme is the Bank of England’s focus on the potential use of...more
Following the declaration of the international artificial intelligence (AI) “Safety Summit” at Bletchley Park (Bletchley Summit) on November 1, 2023, and the White House’s October 30, 2023, Executive Order on AI (Executive...more
12/13/2023
/ Artificial Intelligence ,
Bank of England ,
Banking Sector ,
Biden Administration ,
Consumer Financial Protection Bureau (CFPB) ,
EU ,
Executive Orders ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Machine Learning ,
Popular ,
Regulatory Agenda ,
UK