Bethan Poole

Managing Associate, Linklaters

Bethan is a Managing Associate in the Financial Regulation Group at Linklaters. She is experienced in advising a broad range of clients including banks, asset managers, financial market infrastructures and other financial institutions on advisory and contentious financial regulatory matters.

Bethan advises on a range of regulatory matters, including sustainable finance and the implementation of EU SFDR, the EU Taxonomy, CSRD and UK TCFD reporting. Bethan is also experienced in advising on governance issues, SMCR, MiFID II, licensing and perimeter issues and market abuse issues.

Bethan has significant experience advising e-money issuers, cryptoasset businesses and other fintechs on a wide range of issues including registration and authorisation, conduct of business requirements and compliance with the UK anti-money laundering regime.

Contributed to

1

The FCA Consumer Duty – application to payments and e-money firms

Practice Notes

This Practice Note considers the implications of the Financial Conduct Authority’s (FCA) Consumer Duty for payments and electronic money (or e-money) firms. In particular, it considers the scoping exercise for payment and e-money firms, including relevant exclusions, the meaning of material influence, and the proportional application of the Duty. For those activities of a payments or e-money firm which fall within the scope of the Duty, it sets out a number of key considerations in respect of each cross-cutting obligation and each of the four retail customer outcomes.

Financial Services