Home / Financial Services / Key developments and horizon scanning / Cryptoassets

Legal News

Unlocking the blockchain

Copyright © 2025 LexisNexis

Published on: 29 February 2016

Published by a LexisNexis Financial Services expert

Table of contents

Why is blockchain technology being heralded as the next tech revolution in financial services?
How could the open ledger nature of blockchain affect financial services?
How might the adoption of blockchain technology affect the regulation of financial services activities? Could this be the end of clearing houses?
Would regulators likely welcome the adoption of this technology as an irrefutable history of transactions?
Are there any risks associated with blockchain technology that could impede its adoption?

Article summary

Financial Services analysis: Could blockchain technology revolutionise financial services? As the buzz around blockchain builds, Charles Kerrigan and Katharine Lammiman of Olswang LLP explore the possibility posed by the new technology and the regulatory challenges ahead.

Popular documents

Brexit—impact on financial services

Brexit—impact on financial servicesThis Practice Note provides information relating to the impact of Brexit on financial services, including the loss of passporting rights, and how UK and EU firms should proceed following the UK becoming a third country for the purposes of EU financial services law

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a