Crypto firms – navigating the UK MLR registration regime

Since 10 January 2021, cryptoasset exchange providers and custodian wallet providers with operations in the UK have been required to register with, and be supervised for, anti-money laundering and counter terrorist financing (AML/CTF) purposes by the FCA. For crypto businesses which do not carry on any investment, payment services, e-money or other UK regulated business, this relatively limited regime is the main tool currently available to UK financial services regulators in this emerging sector. Read more

#Bitesize – FinTech and Payments developments in Australia

Our #Bitesize round-up of key recent FinTech and payments developments in Australia covers: the Reserve Bank's publication of conclusions from the Review of Retail Payments Regulation; the final report on Mobile Payment and Digital Wallet Financial Services; and the final report of the Senate Select Committee on Australia as a Technology and Financial Centre. Read more

FCA’s data lead sets out the regulator’s data agenda

On 2nd November 2021, Jessica Rusu, the Chief Data, Information and Intelligence Officer at the Financial Conduct Authority (FCA) spoke at the Chief Data Officer Exchange for Financial Services Forum. The speech provided a useful round-up of the FCA's focus on data across its operations and activities. Read more