The Commodity Futures Trading Commission (CFTC) has a lot on its plate—too many enforcement cases, not enough time, and a limited appetite for dragging out every compliance misstep. So, yesterday, at the International Futures...more
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
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
on December 16, 2024, the FCA published its discussion paper (DP) ‘Regulating cryptoassets: Admissions & Disclosures and Market Abuse Regime for Cryptoassets’, marking another step forward in the development of the UK’s...more
The European Commission has published a report, addressed to the European Parliament and the Council of the European Union, on the delegation of power to adopt delegated acts conferred on the Commission under the EU Market...more
As the world emerges from the turmoil caused by the COVID-19 pandemic, the financial services sector is going through a time of considerable change. This section highlights some developments to be aware of in key regulatory...more
The Brexit transition period ended at 11:00 pm on 31 December 2020 and at the end of this transition period, the European Union (Withdrawal) Act 2018 converted existing EU legislation which had direct effect in the UK into UK...more
To gain insight into where the Securities and Exchange Commission (“SEC”) and Commodity Futures Trading Commission (“CFTC”) have been focusing their oversight and what their priorities will be in 2020, look no further than...more
On 22 February 2018, the Treasury Committee launched a new inquiry into digital currencies and distributed ledger technology. Digital currencies such as Bitcoin – often known as cryptocurrencies – are digital tokens which...more
Financial regulation is in a constant state of flux or, if you are feeling generous, evolution. In this publication, we focus on 10 key issues that we believe firms should be aware of going into 2016: - increased...more