20 Dec, 2024 FCA publishes discussion paper on admissions and disclosures and the market abuse regime for cryptoassets By Cyrus Pocha Claire Harrop Emma Probyn Christine Simpson Christopher Bernard Noah Schmidt Eden Elder +4 more... Show less On 16 December 2024 the FCA published its much-anticipated Discussion Paper on (i) cryptoasset admissions and disclosures and (ii) the...
02 Dec, 2024 Regulating cryptoassets in the UK: a guide to the road ahead By Cyrus Pocha Claire Harrop Christopher Bernard Finally! Avid readers of Freshfields blogs might remember from our post last autumn that the UK government and financial regulators in...
26 Nov, 2024 AI in financial services – Innovation, regulation and practical considerations By Brock Dahl Rikki Haria Satya Staes Polet Katie Hyewon Sa Adam Gillert Julia Utzerath Sharon Grennan +4 more... Show less AI is a topic that is both new and old. Financial services firms have been grappling with the capabilities of AI and its use cases for...
29 Oct, 2024 Government set to bring Buy-Now, Pay-Later firms under FCA regulation By Cyrus Pocha Christine Simpson Christopher Bernard Curran Snell +1 more... Show less On 17 October 2024, HM Treasury launched its third consultation on the proposed regulation of Buy-Now, Pay-Later (BNPL) credit...
18 Sep, 2024 The von der Leyen II Commission’s guiding star – competitiveness in the twin transition By Natalie Pettinger Kearney Victor Garcia Lopez Lea Bareil Jimena Gonzalez +1 more... Show less How the newly unveiled structure could deliver Europe’s next 5-year political ambitions The wait, at least for now, is finally over....
03 Sep, 2024 Herding cats: English law and Decentralised Autonomous Organisations By Claire Harrop Christopher Bernard Joana Fragata Background On 11 July 2024, the Law Commission published a scoping paper (the Scoping Paper) on Decentralised Autonomous Organisations...
07 Aug, 2024 5 years IFR and IFD - time for a general overhaul? By Janina Heinz Theresa Kreft Daniel Klingenbrunn The EU’s prudential framework for investment firms, the Investment Firm Regulation (IFR) and the Investment Firm Directive (IFD), had its...
02 Aug, 2024 UK regulators keen to understand the future of digital wallets By Claire Harrop Noah Schmidt Christopher Bernard Rhea Dennis +1 more... Show less On 15 July 2024, the Financial Conduct Authority (FCA) and the Payment Services Regulator (PSR) published a call for information (CFI) on...
01 Aug, 2024 Law Commission publishes Draft Bill on digital assets as personal property By Emma Probyn Claire Harrop Christine Simpson Georgia Onslow +1 more... Show less On 30 July 2024 the Law Commission of England and Wales published a supplemental report and amended draft bill which would introduce a...
01 Aug, 2024 FCA issues inaugural fine under Electronic Money Regulations 2011 By Claire Harrop Christine Simpson Georgia Onslow On 23 July 2024 the Financial Conduct Authority (FCA) issued a Final Notice against CB Payments Limited (CBPL), fining it c.£3.5m for a...
08 Jun, 2024 The European AML package – what’s in it for the crypto industry? By Janina Heinz Jan Struckmann Daniel Klingenbrunn Crypto-assets are associated with many benefits: Instantaneous settlements of transactions, a decentralisation of financial services and...
03 May, 2024 The Digital Securities Sandbox: a new model for trading and settlement in the UK? By James Smethurst Christopher Bernard Olivia Davies On 3 April 2024, the Financial Conduct Authority (FCA) and the Bank of England (BoE) published a consultation paper setting out their...