Macfarlanes LLP | United Kingdom | 12 Apr 2022
Over the past few weeks, the FCA, PRA and HMT have all issued announcements on the regulation of cryptoassets. These announcements focus on the…
Ogier | Jersey | 24 Feb 2022
The Bank (Recovery and Resolution) (Jersey) Law 2017 (the Law), save for article 72, recently came into force. The Law will provide a new bank resolution regime reflecting the international legislation implemented in response to the financial crisis of 2008 and 2009. The Law aims to ensure the continuity of critical banking functions to preserve financial stability and to protect public funds......
Herbert Smith Freehills LLP | European Union, United Kingdom | 8 Nov 2018
Under the European Union (Withdrawal) Act 2018—which aims, amongst other things, to incorporate into UK law all applicable EU legislation and to give…
MME Legal Tax Compliance | Switzerland | 21 Feb 2018
In a guideline, the Swiss Financial Market Supervisory Authority FINMA sets out how it intends to apply financial market legislation in handling…
Addleshaw Goddard LLP | USA | 7 Dec 2017
The Regulations make a number of amendments to other statutory instruments relating to payment services and systems and electronic money...
Addleshaw Goddard LLP | United Kingdom | 5 Dec 2017
Since our last publication, the Payment Systems and Services and Electronic Money (Miscellaneous Amendments) Regulations 2017 and the Banking Act 2009…
Slaughter and May | European Union, United Kingdom | 30 Nov 2017
The Bank of England has published its latest Financial Stability Report, together with the results of the 2017 bank stress test of the UK banking…
Addleshaw Goddard LLP | United Kingdom | 3 Aug 2017
The Payments Strategy Forum (PSF) has published a consultation document on a blueprint for the future of UK payments. In particular, it focuses on:…
Addleshaw Goddard LLP | European Union, United Kingdom | 1 Aug 2017
Since our last publication, three consultation papers have been published by the FCA /PRA in relation to extending the Senior Managers and…
Addleshaw Goddard LLP | European Union, United Kingdom | 28 Jul 2017
A draft copy of the Banking Act 2009 (Service Providers to Payment Systems) Order 2017 has been published on legislation.gov.uk.