-
1 month ago | 
lexology.com | Bradley Rice |Jake Green
Welcome to the latest edition of the Financial Services SpeedRead, a collection of bite-sized updates designed to help you keep on top of key regulatory developments in financial services over the preceding fortnight. Please get in touch if you want to explore any of the topics covered in this fortnight's edition of Financial Services SpeedRead in more detail. Financial Markets 1.
-
Oct 25, 2024 | 
ashurst.com | Etay Katz |Bradley Rice
As the issuer of sterling and the guardian of UK monetary policy, the Bank recognises that market changes bring both opportunities and challenges. The spread of distributed ledger technology (DLT) has created new ways of recording and transferring value, outside of traditional bank accounts. Novel payment services have the potential to reduce financial exclusion and costs.
-
Sep 18, 2024 | 
lexology.com | Bradley Rice |Jake Green |Rojeene Shadfar
Welcome to the latest edition of the Financial Services SpeedRead, a collection of bite-sized updates designed to help you keep on top of key regulatory developments in financial services. This edition covers the key updates since the end of July 2024. Please get in touch if you want to explore any of the topics covered in this edition of Financial Services SpeedRead in more detail. Financial MarketsNo new entries. Banking and Prudential1.
-
Aug 12, 2024 | 
ashurst.com | Etay Katz |Bradley Rice
The Financial Conduct Authority (FCA) has published a report on its findings and expectations for firms promoting cryptoassets to retail consumers. The report follows the implementation of the FCA's rules for cryptoasset financial promotions, which were introduced in October 2023.
-
Jul 25, 2024 | 
ashurst.com | Etay Katz |Bradley Rice
What kind of legal organisation or entity is a group of people linked by a computer network? If they are using distributed ledger technology (DLT) and following a common set of rules, then they could be described as a decentralised autonomous organisation (DAO).
-
Jul 4, 2024 | 
lexology.com | Bradley Rice |Jake Green |Rojeene Shadfar
Welcome to the latest edition of the Financial Services SpeedRead, a collection of bite-sized updates designed to help you keep on top of key regulatory developments in financial services over the preceding fortnight. Please get in touch if you want to explore any of the topics covered in this fortnight's edition of Financial Services SpeedRead in more detail. Financial Markets1.
-
Jun 19, 2024 | 
lexology.com | Bradley Rice |Jake Green |Rojeene Shadfar
Financial Markets1. EBA: Guidelines and RTS: EBA publishes regulatory products under the Markets in Crypto-Assets RegulationOn 6 June 2024 and 13 June 2024, the EBA published packages of regulatory technical standards (RTS) and guidelines under the Markets in Crypto-Assets Regulation (MiCAR). These products are part of the EBA's ongoing efforts to foster a well-regulated market for asset-referenced and e-money tokens in the EU. The 6 June 2024 package concerns governance and remuneration.
-
Jun 13, 2024 | 
newsbreak.com | Bradley Rice
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments.
-
Jun 13, 2024 | 
wchstv.com | Bradley Rice
Exponential Interactive, Inc d/b/a VDX.tvCookie duration: 90 (days). Data collected and processed: Non-precise location data, IP addresses, Probabilistic identifiers, Users’ profiles, Privacy choices, Browsing and interaction data, Device identifiersmoreCookie duration resets each session. View details | Storage details | Privacy policylaunchConsentCookie duration: 365 (days).
-
Jun 3, 2024 | 
lexology.com | Jake Green |Hubert Blanc-Jouvan |Detmar Loff |Pilar Lluesma |Bradley Rice |Lorraine Johnston | +2 more
ESMA has published a statement on the use of AI systems by investment firms and relevant MIFID considerations. This appears to be the most detailed and significant statement so far by ESMA for investment firms in relation to this area, (although ESMA officials have published speeches on the increasing use of AI systems by investment firms and the importance of investor protection) and contains important information for firms.
