Posted by Karen Butler and Sophie Lessar on 1 April 2025
Following on from HM Treasury's Policy Paper on how UK regulators and regulation can support growth, the FCA has published its five-year strategy paper (the Strategy Paper), which focuses on the four key priorities of making the FCA smarter regulator, supporting economic growth, protecting customers, and fighting financial crime.
Posted by Pierre Berger, Sophie Lessar and Melvin Tjon Akon on 3 March 2025
On 17 January 2025, Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector (Digital Operational Resilience Act, DORA) entered into force. Since that date, Member States must also apply the national transpositions of Directive (EU) 2022/2556 (DORA Directive).
Posted by Steven Krivinskas, Marcus Lovatt and Mark Daley on 17 February 2025
ESMA's much-anticipated proposals to reform the quarterly reporting templates were issued on 13February. They seem to offer less of a solution than the market has been asking for.
Posted by Karen Butler on 10 February 2025
The letter sets out the FCA’s expectations of an UK authorised firm that act as a custodian, depository of authorised and unauthorised funds, and a third party administrator (providing fund accounting and transfer agency services) (the Sector Firms).
Posted by Sophie Lessar on 22 January 2025
The UK Government has passed legislation to confirm that staking does not fall within the regulatory scope of Collective Investment Schemes.
Posted by Melvin Tjon Akon, Sophie Lessar, Laurent Massinon, Christina Nickel and Karen Butler on 15 January 2025
MiCA fully applies since 30 December 2024. In this alert we analyse the key elements of the regime, assessing its impact for the market and highlight the opportunities they will bring.
Posted by Karen Butler and Puesan Lam on 15 January 2025
On 24 November 2024 the UK Financial Conduct Authority (the FCA) published a Roadmap setting out its timeline to developing a tailored regulatory regime for cryptoassets and associated activities (the Roadmap).
Posted by Melvin Tjon Akon on 16 December 2024
On 31 May 2024, the EU Legislature adopted Directive (EU) 2024/1640 (the Sixth Anti-Money Laundering Directive, AMLD6), Regulation (EU) 2024/1624 (the Anti-Money Laundering Regulation, AMLR), Regulation (EU) 2024/1620 (the AML Authority Regulation, AMLAR).
and then 