Key points:The United Kingdom has introduced new rules restricting illicit activities involving crypto assets. The island country bestows the National Crime Agency the power...

The Bank of England (BoE) and HM Treasury published a response to their joint consultation paper on 25 January 2024, setting out their assessment...

Regulatory and Legislative Update – November 2023December 8, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALFATFThe Financial Action Task Force (FATF) is a global money...

Subsequent to a joint discussion paper (3/22 – Operational resilience: Critical third parties to the UK financial sector) published in July 2022, the Bank...

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 require the UK regulated sector to apply enhanced customer due...

In an ambitious move to position the U.K. as a front-runner in the cryptocurrency sector, the government and the Bank of England (BOE) are...

In a game-changing move, the Investment Association has greenlit British investment managers to dive into the world of tokenized funds, bringing blockchain technology to...

<!-- -->Central Bank Digital Currencies (CBDCs) are digital currencies established and regulated by a country’s central bank.  While they have some...

The Bank of England (BOE) and the Financial Conduct Authority (FCA) will regulate sterling-denominated stablecoins, the central bank announced in a discussion paper released...

Regulatory and Legislative Analysis – October 2023November 1, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALBank of International Settlements works with EU central banks to...

Now, in the penultimate week of the month of October, we hope for some positive changes in the forex, crypto, and fintech industries as...

The Financial Industry Regulatory Authority (FINRA) has updated its bylaws to exempt proprietary trading firms from the Trading Activity Fee (TAF) for transactions carried out on an...