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...

The U.K. has officially greenlit a project that will allow authorized funds to develop tokenization in the investment sector in an effort to boost...

UK authorised funds can now develop and implement tokenisation models. The green light comes after the Technology...

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...

The UK’s Finance Ministry, HM Treasury, is planning to introduce a Digital Securities Sandbox (DSS) by the end of the first quarter of next...

Bitcoin (BTC) and Ethereum (ETH) started the weekend with slightly higher prices than seven days ago. The world’s biggest cryptocurrency currently trades for $25,815, which...