Gavin Sharpe

RSM

Gavin is a specialist in providing prudential regulatory advisory services to a range of financial services institutions, predominantly banks and investment firms. With more than 12 years in the industry, Gavin has deep expertise in advising clients on complex treasury, ALM and prudential regulatory issues, supporting a variety of firms ranging from small, solo regulated entities through to FTSE 100 institutions. Gavin is highly experienced across a broad spectrum of treasury and prudential regulatory matters and has worked closely with a significant number of UK and international firms. A key component of Gavin’s role is the delivery of engagements at the request of the PRA/FCA.

Gavin has been at the forefront of RSM’s work to support firms with the FCA’s MIFIDPRU regime since its inception in 2022, including supporting on several M&A transactions, the delivery of Skilled Persons reviews under Section 166 of the FSMA, Board training for FTSE-listed investment firms and wider consulting and assurance engagements across capital markets, UK subsidiaries of G-SIBs, trading platforms, large wealth management firms, prop-traders and quantitative trading businesses. He is now leading on the introduction of the CRYPTOPRU regime as the FCA adapts its framework to firms offering cryptoasset products in the UK.

Contributed to

1

FCA prudential regime for cryptoasset firms

Practice Notes

Scope of this Practice NoteThe legislative framework for the cryptoasset regime under the Financial Services and Markets Act 2000 (FSMA 2000) developed through a series of HMT consultations, statutory enabling provisions and draft instruments. It culminated in the making of the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2016, SI 2026/102 (Cryptoassets Regulations 2026) on 4 February 2026. Most substantive provisions come into force on 25 October 2027. Before that date, the Cryptoassets Regulations 2026 came into force on 26 February 2026 to the limited extent specified in regulation 1(3). This enables the FCA, among other things, to make or approve rules, issue guidance and directions, undertake other preparatory work and receive and determine applications for permissions, variations of permission and relevant approvals relating to activities that will become regulated on 25 October 2027.The Cryptoassets Regulations 2026 establishes the regulatory framework by bringing certain cryptoasset activities within the scope of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, SI 2001/544 (RAO). Accordingly, persons carrying out these activities should be subject to Financial

Financial Services