On 8 April 2025, the Financial Conduct Authority (FCA) published their Annual Work Programme, detailing what the FCA intends to deliver in 2025/26—read on for our views on what this means for the digital assets space....more
4/9/2025
/ Asset Management ,
Blockchain ,
Cryptoassets ,
Digital Assets ,
Financial Conduct Authority (FCA) ,
FinTech ,
Popular ,
Regulatory Agenda ,
Regulatory Reform ,
Securities Regulation ,
UK
Key developments of interest over the last month include: the UK Chancellor of the Exchequer makes her first Mansion House speech and HM Treasury publishes the National Payments Vision, indicating a focus on economic growth...more
The BIS Innovation Summit 2024, which took place over 6-8 May 2024, was in turns both an inspiring and surprising event. This article sets out a summary of the key takeaways from the summit....more
Amidst the backdrop of the recent release of the close-to-final EU AI Act and the UK government’s response to the AI White Paper, discussions regarding the need of AI regulations in the UK are gaining momentum. The timely...more
Artificial intelligence (AI) and machine learning (ML) technology have started to transform financial services and bring about new business opportunities, but with risks. AI governance should be adopted by financial...more
The Bank of England and HM Treasury are consulting on the model for a UK retail central bank digital currency (CBDC) or ‘digital pound’ that would sit alongside, not replace, cash. On the basis of their work to date, both the...more
This article is the second in a series on areas impacted by AI. It focuses on the upcoming implementation of a new Consumer Duty, a higher standard of behaviour for financial services firms directly or indirectly interacting...more
In the discussion paper, the UK financial supervisory authorities have not provided a new legal framework or their intended future approaches for regulating the use of AI and machine learning in financial services. However,...more
2022 promises to be a defining year for digital assets and blockchain, as governments move from a watch and wait position to delivering regulatory frameworks and taking strides to harness the potential of the technology....more
10/6/2022
/ Anti-Money Laundering ,
Blockchain ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Emerging Markets ,
Ethereum ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Smart Contracts
As in other fields of digital transformation, the EU Commission wants to set a standard with its draft regulations for both cryptoassets, and artificial intelligence. But is it ready for the challenge? Both technologies will...more
9/7/2021
/ Artificial Intelligence ,
Blockchain ,
Cryptoassets ,
Cryptocurrency ,
Cybersecurity ,
Digital Services ,
Distributed Ledger Technology (DLT) ,
European Commission ,
Financial Regulatory Agencies ,
Financial Services Industry ,
FinTech ,
Non-Fungible Tokens (NFTs) ,
Popular
The UK Financial Conduct Authority (FCA) has become the anti-money laundering and countering the financing of terrorism (AML/CFT) supervisor for some types of cryptoasset businesses. These will need to meet certain...more
1/21/2020
/ AML/CFT ,
Anti-Money Laundering ,
Covered Transactions ,
Cryptoassets ,
Due Diligence ,
E-Money ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Services Industry ,
Know Your Customers ,
Lead Supervisory Authority ,
Money Laundering ,
Payment Methods ,
Popular ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Assessment ,
Terrorism Funding ,
Terrorist Financing ,
Terrorist Financing Regulations ,
Transaction Monitoring ,
UK ,
Virtual Currency
A data lake is an infrastructure that permits different data sets from within a group to be combined and analysed together.
To analyse a data lake under GDPR, it is helpful to think of a data lake in two phases, which we...more
8/9/2018
/ Data Collection ,
Data Controller ,
Data Management ,
Data Privacy ,
Data Processors ,
Data Protection ,
Data Security ,
EU ,
EU Data Protection Laws ,
General Data Protection Regulation (GDPR) ,
Personal Data ,
Popular ,
Privacy Policy ,
Risk Mitigation
Virtually all industries are being reshaped with the use of Artificial Intelligence and advanced machine-learning.
Everything from healthtech to self-driving vehicles, to education and smart homes, drones and space, social...more
4/4/2018
/ Antitrust Provisions ,
Artificial Intelligence ,
Asia Pacific ,
Connected Cars ,
Connected Items ,
Drones ,
Ethics ,
Export Controls ,
FinTech ,
Intellectual Property Protection ,
Life Sciences ,
Outer Space ,
Popular ,
Regulatory Oversight ,
Robotics ,
Satellites ,
Smart Devices ,
Unmanned Aircraft Systems