On 1 February 2024, the UK government’s Department for Science, Innovation and Technology and His Majesty’s Treasury addressed a joint letter to the Bank of England (BoE) and the Prudential Regulation Authority (PRA)...more
Regardless of whether you are in the UK, or the type of technology you use, companies marketing ‘qualifying cryptoassets’ to customers in the UK will need to comply with the Financial Conduct Authority’s financial promotions...more
Regardless of whether you are in the UK, or the type of technology you use, companies marketing ‘qualifying cryptoassets’ to customers in the UK will need to comply with the financial promotions regime of the Financial...more
Senior regulators at the Financial Conduct Authority (FCA) in the UK and at the Board of Governors of the Federal Reserve System (Federal Reserve Board) in the US publicly shared remarks regarding their concerns about...more
Two recent speeches delivered by the UK’s financial services regulator, the Financial Conduct Authority (FCA), shed light on how the FCA wants to be perceived when it comes to the regulation of fintech and digital assets...more
The reverberations of recent bank collapses continue to be felt in the UK, with payment companies at risk of being found by the UK’s financial regulator, the Financial Conduct Authority (FCA), to have inadequate risk...more
In a recent statement, the UK’s financial regulator – the Financial Conduct Authority (FCA) – made it clear that businesses marketing certain cryptoassets in the UK will need to prepare for compliance with the FCA’s financial...more