HM Treasury consults on UK regulatory approach to cryptoassets and stablecoins

On 7 January 2021, HM Treasury (“HMT”) published a consultation and call for evidence on the UK’s regulatory approach to cryptoassets and stablecoins, which sets out HMT’s proposals for a new regulatory regime covering stablecoins and its approach to regulating cryptoassets more generally. The proposals follow HMT’s July 2020 consultation on bringing certain cryptoassets within the scope of the financial promotions regime (see our blog post here). Read more

FSR Outlook 2021: Paving the Way Forward

We are pleased to announce the launch of FSR Outlook 2021: Paving the Way Forward. Our Global Outlook for 2021 looks at nine different areas, from innovation in payments and digital operational resilience, through to the trend towards increased regulatory intervention which leads us to expect the number of investigations against individuals will to continue to grow, not least given continuing regulatory focus on making senior managers accountable. Read more