Howard Womersley Smith

Reed Smith LLP

Articles

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UK Financial Services and Markets Bill - what it means to technology providers and users in the financial services sector

United Kingdom - September 8 2022 The UK Financial Services and Markets Bill (“FSMB”) and the accompanying explanatory notes were published on 20 July. The FSMB signals upcoming…

Yunzhe Zhang

Potential law reform in the UK digital assets sector

United Kingdom - August 25 2022 On 28 July 2022 the Law Commission of England and Wales published new proposals to reform the law relating to digital assets. The Law Commission has…

UK announces plan to regulate critical third parties to the financial sector

United Kingdom - August 1 2022 The UK HM Treasury recently published its proposal for regulating critical third parties ("CTP") to the finance sector, which was followed by the UK…

Yunzhe Zhang

Bank of England launches FMI outsourcing and third party risk management consultation papers

United Kingdom - May 16 2022 On 14 April 2022, the Bank of England (BofE) published three consultation papers regarding Financial Market Infrastructures (FMI) outsourcing and…

European Commission launches targeted consultation on a digital euro

European Union, United Kingdom - April 27 2022 Along with the newly launched consultation on 5 April 2022, the European Commission has made previous moves to explore a digital euro. These include:…