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Ropes & Gray LLP

UK Financial Services Reform: Strategic Opportunities for Asset Managers

Ropes & Gray LLP on

The UK government has unveiled a comprehensive package of reforms aimed at recalibrating the regulatory environment, unlocking productive capital, and reinforcing the country’s status as a global financial hub. For asset...more

Hogan Lovells

Digital asset regulation in the UK: A quick guide for overseas entities

Hogan Lovells on

Numerous jurisdictions across the globe are developing their own cryptoasset regulatory frameworks—the UK is no exception. Cryptoasset businesses overseas looking to enter the UK market, or to offer services to customers in...more

Skadden, Arps, Slate, Meagher & Flom LLP

Stablecoins: Regulatory Issues for UK and EU Banks To Consider

As the market for stablecoins continues to evolve in sophistication and scale, financial institutions in the UK and EU are increasingly exploring whether and how to engage with them, whether for treasury, payments, settlement...more

Hogan Lovells

Regulating for Change: What do recent UK policy announcements mean for digital assets and blockchain?

Hogan Lovells on

Given the swathe of announcements from the UK regarding reforms to become more competitive, promote growth and drive down the cost of business, the Hogan Lovells Digital Assets and Blockchain Practice has looked at how we can...more

A&O Shearman

Financial Services and Markets Act 2023 (Digital Securities Sandbox) (Amendment) Regulations 2025 laid

A&O Shearman on

The Financial Services and Markets Act 2023 (Digital Securities Sandbox) (Amendment) Regulations 2025 were laid before parliament, together with an explanatory memorandum. The Regulations relate to the Digital Securities...more

Hogan Lovells

The digitalisation of UK capital markets: Digitalised financial market infrastructure and tokenised bonds

Hogan Lovells on

Digitalisation and the application of key technologies, such as distributed ledger technology (DLT), are reshaping the landscape of global finance. In this report, TheCityUK has collaborated with Hogan Lovells to consider the...more

Paul Hastings LLP

The U.K.’s New Cryptoasset Regime—the FCA Releases Its First Consultation Paper on Market Abuse and the Admissions and Disclosure...

Paul Hastings LLP on

The Financial Conduct Authority (FCA) has released its first publication (DP24/4) on its future rules for U.K. cryptoasset market participants. This discussion paper seeks input on the FCA’s proposed rules for admissions and...more

Goodwin

Shielding Staking from UK Funds Regulation: The First Crypto Law of 2025

Goodwin on

In a previous alert, we identified that the definition of a collective investment scheme (CIS) could capture on-chain staking, and that the UK government, acting through the HM Treasury (HMT), was looking to clarify the...more

A&O Shearman

UK Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2025 published

A&O Shearman on

The Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2025 has been published, alongside an explanatory memorandum. The Order includes a new paragraph 22 to the Schedule to the...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - December 2024 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's...more

Hogan Lovells

UK – New statutory instrument on cryptoasset staking

Hogan Lovells on

On 9 January 2025, the widely anticipated Statutory Instrument exempting cryptoasset staking from the meaning of “collective investment schemes” as defined under the Financial Services and Markets Act 2000 (FSMA 2000) was...more

Hogan Lovells

The Payments Newsletter including Digital Assets and Blockchain, December 2024

Hogan Lovells on

Key developments of interest over the last month include: the U.S. Consumer Financial Protection Bureau publishing a final rule on federal supervision of Big Tech and other widely used digital payment apps; the UK FCA...more

Skadden, Arps, Slate, Meagher & Flom LLP

Regulating Cryptoassets: Proposals for Crypto Market Abuse and Admissions & Disclosures Regimes

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

A&O Shearman

Cryptocurrency and novation by conduct: always in your Coincorner

A&O Shearman on

The English High Court recently confirmed that the novation of customer contracts in connection with the sale of a cryptocurrency exchange business could be inferred even when customers did not provide their explicit consent....more

Skadden, Arps, Slate, Meagher & Flom LLP

Crypto Update: UK Government Outlines Its Approach to Digital Asset Regulation

In her first comments since the July 2024 UK general election, Economic Secretary to the UK Treasury Tulip Siddiq MP delivered a speech at the Tokenisation Summit on 21 November 2024 that outlined the recently elected UK...more

Hogan Lovells

FCA publishes plans for developing cryptoasset rules in the UK

Hogan Lovells on

On 26 November 2024, the FCA published a number of communications relating to its approach to developing the future cryptoassets regime for the UK, including a roadmap for the development and introduction of the UK’s...more

Katten Muchin Rosenman LLP

UK Financial Insights from Katten | Issue 14

UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe....more

Orrick, Herrington & Sutcliffe LLP

U.K.’s Financial Conduct Authority charges individual operating crypto ATMs

On September 10, the U.K. Financial Conduct Authority (FCA) announced that it charged an individual with, among other things, unlawfully operating a network of unregistered crypto-asset ATMs. Allegedly, the individual managed...more

Morgan Lewis

Going Digital in the UK, US, and UAE: The Latest Digital Asset Developments

Morgan Lewis on

The global digital landscape continues to rapidly transform and bring forth innovative financial instruments and technologies, including within the shifting regulatory frameworks that have shaped the digital asset ecosystem...more

Katten Muchin Rosenman LLP

UK Financial Insights from Katten | Issue 9

UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe....more

Katten Muchin Rosenman LLP

UK FCA Publishes Marketing Guidance for Cryptoasset Firms

On 2 November 2023, the Financial Conduct Authority (FCA) published finalised non-handbook guidance on cryptoasset financial promotions in the United Kingdom (FG23/3) together with a press release (Press Release) to further...more

Skadden, Arps, Slate, Meagher & Flom LLP

A New UK Cryptoasset Framework: UK Government Publishes Consultation Response

On 30 October 2023, the HM Treasury (HMT) published its much-anticipated response (Consultation Response) to its March 2023 consultation paper (Consultation) on the UK’s future financial services regime for cryptoassets....more

Katten Muchin Rosenman LLP

Financial Markets and Funds Quick Take | Issue 19

Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds....more

A&O Shearman

UK Financial Conduct Authority Publishes Policy Statement on Financial Promotions Gateway

A&O Shearman on

The U.K. Financial Conduct Authority published a Policy Statement on 12 September 2023 setting out how it intends to implement the new regulatory gateway for financial promotions. The Financial Services and Markets Act 2023...more

Katten Muchin Rosenman LLP

FCA Final Warning for Cryptoasset Firms Publishing Financial Promotions in the UK

On 21 September 2023, the Financial Conduct Authority (“FCA”) published a letter (“Letter”) setting out a “final warning” to cryptoasset firms marketing to UK consumers, and those supporting them, to get ready for the...more

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