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UK: Autumn Statement – financial services announcements at a glance

The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, presented HM Treasury’s Autumn Statement for growth on 22 November 2023. We summarise below the key proposals...

Insights and Analysis

Digital Trust Whitepaper
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Our whitepaper brings together the key sectors and themes across the topic of Digital Trust. Each chapter provides context and outlines the main areas of legal certainty, and provides...

News

UK regulator addresses deposit-takers on innovations in deposits, e-money and stablecoins

On 6 November 2023, the Prudential Regulation Authority (PRA) published a Dear CEO Letter addressed to deposit-taking entities (e.g. banks) in relation to innovations in deposits, e-money...

News

Bank of England discussion paper on regulatory regime for systemic payment systems using stablecoins

As mentioned in HM Treasury’s October 2023 policy update on plans for regulating stablecoins, the Bank of England (Bank) has published a discussion paper providing more details on its ...

News

Central Bank of Ireland commences consultation process ahead of launch of Regulatory Sandbox

The Central Bank of Ireland has sought responses to its consultation paper on its approach to innovation engagement in financial services, which provides details of the proposed launch of...

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UK stablecoins regulatory regime: FCA and Bank of England publish proposals

Following HM Treasury’s October 2023 policy update on plans for regulating stablecoins, the Bank of England (Bank) and the Financial Conduct Authority (FCA) have published discussion...

Insights and Analysis

HKMA releases report entitled "Bond Tokenisation in Hong Kong"
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In February 2023, the Hong Kong Monetary Authority, the de facto central bank in Hong Kong (HKMA) assisted the Hong Kong Government with issuing the world’s first government-issued...

News

UK stablecoins regulatory regime: FCA and Bank of England publish proposals

Following HM Treasury’s October 2023 policy update on plans for regulating stablecoins, the Bank of England (Bank) and the Financial Conduct Authority (FCA) have published discussion...

News

UK Cryptoassets: FCA finalises guidance for cryptoasset financial promotions

On 2 November 2023, the Financial Conduct Authority published its Finalised non-handbook guidance on Cryptoasset Financial Promotions (FG23/3) (the “Guidance”). While the...

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