Fintech and cryptoassets

View Financial Services by content type:

News

Practice notes

Precedents

Q&As

Latest Financial Services News

EU courts told to let Iranian companies use sanction blocking law

The following Corporate Crime news provides comprehensive and up to date legal information on EU courts told to let Iranian companies use sanction blocking law

FCA looks to challenge Amigo Loans’ restructuring plan

The following Banking & Finance news provides comprehensive and up to date legal information on FCA looks to challenge Amigo Loans’ restructuring plan

FCA to review regulatory extension scheme after Greensill

The following Financial Services news provides comprehensive and up to date legal information on FCA to review regulatory extension scheme after Greensill

Financial Services weekly highlights—13 May 2021

The following Financial Services news provides comprehensive and up to date legal information on Financial Services weekly highlights—13 May 2021

Featured Financial Services content

Impact of Brexit: Solvency II—quick guide

This Solvency II quick guide details current UK legislation and retained EU legislation in relation to prudential insurance requirements that will be...

MiFID I—Transaction reporting

This Practice Note provides an overview of the transaction reporting requirements that existed under the Markets in Financial Instruments Directive...

The impact of Brexit on the MiFID II regime

This Practice Note provides information relating to the impact of Brexit on the recast Markets in Financial Instruments Directive (Directive...

Second Wire Transfer Regulation (WTR2)—essentials

Brexit: As of exit day (31 January 2020), the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

Practice notes

Debt sale and purchase agreements

The debt sale and purchase market in the UKThe debt sale and purchase market has for some time been very active throughout the UK. It is an important...

9th Nov

In-house

Practice notes

Authorised unit trust authorisation and winding-up

Authorisation of an authorised unit trust (AUT)What is an AUT?A unit trust is a type of collective investment scheme (CIS) in which the assets are...

9th Nov

Practice notes

European Venture Capital Funds (EuVECA) Regulation

BREXIT: As of exit day (31 January 2020), the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

9th Nov

Practice notes

UCITS VI

UCITS VIUCITS VI describes the European Commission's Consultation on Undertakings for Collective Investment in Transferable Securities issued 26th...

Produced in partnership with Andrew Henderson Partner, Eversheds Sutherland LLP 12th Jan

Practice notes

MLD4—key provisions for financial services firms—one minute guide

Brexit: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

9th Nov

Practice notes

Recognised investment exchanges

Recognised investment exchangesA recognised investment exchange (RIE) is a UK recognised body under Part XVIII of the Financial Services and Markets...

9th Nov

In-house

Practice notes

Fair and Effective Markets Review (FEMR)—one minute guide

On 10 June 2015, the Fair and Effective Markets Review (FEMR) published its final report. Running to 106 pages, the report covers a wide range of...

9th Nov

Practice notes

Consumer protection—FCA and other regulatory requirements

This Practice Note looks at key aspects of consumer protection within the UK financial services regulatory system. The UK’s regulatory structure,...

9th Nov

Practice notes

Financial Conduct Authority—objectives and principles

The role of the FCAThe Financial Conduct Authority (FCA) forms part of the regulatory structure for financial services firms. The FCA has a...

9th Nov

Practice notes

Basel Accord

The Basel Committee on Banking Supervision (BCBS), consisting of the central banks of governors of the so-called G10 countries (Belgium, Canada,...

Produced in partnership with Morrison & Foerster LLP 12th Jan

Practice notes

Accepting deposits

This Practice Note looks at the regulated activity of accepting deposits (often referred to as deposit taking). Accepting deposits is a key hallmark...

9th Nov

Practice notes

Public censure by the FCA

Disciplinary powers of the FCAThe disciplinary powers of the Financial Conduct Authority (FCA) are found in Part XIV of the Financial Services and...

9th Nov

Practice notes

The Single Rulebook

Background to the Single RulebookHistorically, the European Commission (Commission) favours using Directives (rather than Regulations) to set out its...

Produced in partnership with DLA Piper 12th Jan

Practice notes

Insurance conduct regulation—COBS and ICOBS

The Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of business by a regulated firm relevant to...

9th Nov

Practice notes

What is electronic money?

BREXIT: UK is leaving EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For further...

9th Nov

Practice notes

The Money Laundering Reporting Officer (MLRO)—duties

The roles of nominated officer and money laundering reporting officerA nominated officer is an individual who is nominated by a firm to receive...

9th Nov

In-house

Most recent Fintech and cryptoassets content

Practice notes

Fintech and the debt capital markets

Fintech and the debt capital marketsInnovation and new technologies have had an impact on most industries over the past decade. The evolution of...

15th May

Practice notes

The risks of cryptoassets from a financial crime, money laundering and terrorist financing perspective

The risks of cryptoassets from a financial crime, money laundering and terrorist financing perspectiveWhat are cryptoassets?One of the hurdles in...

14th May

Q&As

What is the difference between bitcoin and blockchain?

What is bitcoin?Bitcoin is a digital token that lets you send money to any person in the world to pay for goods and services.It is a transparent,...

11th May

Practice notes

Blockchain—key legal and regulatory issues

Blockchain has erupted into mainstream consciousness with multiple consultations and discussions by regulators underway or completed around the world....

Produced in partnership with John Salmon of Hogan Lovells 11th May

Practice notes

Taxation of cryptoassets

This Practice Note is about the UK tax treatment of cryptoassets, which is used in this Practice Note as a generic term for cryptocurrencies, virtual...

Produced in partnership with Etienne Wong of Old Square Tax Chambers 11th May

Practice notes

Crypto–assets in insolvency

Crypto–assets—the basicsIn its simplest form, cryptoassets are a virtual currency which uses encryption to verify transactions denominated in that...

Produced in partnership with Charlotte Møller of Brown Rudnick LLP and Claude Brown of Reed Smith 11th May

Practice notes

Getting the Deal Through: Cryptoassets & Blockchain 2021

Jurisdictions coveredThe following jurisdictions are covered in this report:Australia; Austria; India; Japan; Liechtenstein; Mexico; Singapore; South...

11th May

Practice notes

Getting the Deal Through: Fintech 2021

Jurisdictions coveredThe following jurisdictions are covered in this report:Australia; Belgium; Brazil; China; Denmark; Egypt; Germany; Gibraltar;...

11th May

Q&As

If a company is set up to buy and sell virtual currencies, what anti-money laundering checks and know your customer checks should it carry out on its customers?

The principal UK requirements on anti-money laundering and know your customer checks—usually referred to as customer due diligence or CDD—at present...

11th May

Q&As

Should 'arranging or making arrangements with a view' under the definition of a 'cryptoexchange exchange provider' in the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, SI 2017/692, reg 14 be interpreted in the same way as 'arranging or making arrangements with a view' under the Financial Services and Markets Act (Regulated Activities) Order 2001, SI 2001/544, reg 25(1) and (2)?

See: section 22 in Part II of the Joint Money Laundering Steering Group's (JMLSG) guidance. In particular, paragraphs 1.11 to 1.13 state:‘1.11. The...

11th May

Practice notes

Cryptoassets from a consumer protection perspective

What are cryptoassets?One of the hurdles in relation to understanding non-traditional currencies and assets lies in the inconsistent use of language....

Produced in partnership with Puesan Lam and Tony Katz of DLA Piper UK LLP 11th May

Practice notes

Supranational, EU and UK regulation of cryptoassets

This Practice Note focuses on the approach of UK and EU regulators and governments to the regulation of cryptoassets and considers the approach taken...

11th May

Practice notes

Pros and cons of cryptoassets

What are cryptoassets?One of the hurdles in relation to understanding non-traditional currencies and assets lies in the inconsistent use of language....

Produced in partnership with Puesan Lam and Tony Katz of DLA Piper LLP 11th May

Practice notes

Cryptoassets—essentials

BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the...

11th May

Practice notes

Fintech—United Kingdom—Q&A guide

This Practice Note contains a jurisdiction-specific Q&A guide to fintech in United Kingdom published as part of the Lexology Getting the Deal Through...

6th May

Practice notes

Open banking

This Practice Note explains open banking and relevant legal and commercial issues. It covers:•Background•The open banking standard•Third party...

Produced in partnership with Sam Robinson, Duncan Turner and Jon Monks of CMS 28th Apr

Practice notes

Fintech—Germany—Q&A guide

This Practice Note contains a jurisdiction-specific Q&A guide to fintech in Germany published as part of the Lexology Getting the Deal Through series...

9th Apr

Practice notes

Fintech—South Africa—Q&A guide

This Practice Note contains a jurisdiction-specific Q&A guide to fintech in South Africa published as part of the Lexology Getting the Deal Through...

9th Apr

Practice notes

Fintech—India—Q&A guide

This Practice Note contains a jurisdiction-specific Q&A guide to fintech in India published as part of the Lexology Getting the Deal Through series by...

9th Apr

Practice notes