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Sandbox Financial Markets

A&O Shearman

Financial Services and Markets Act 2023 (Digital Securities Sandbox) (Amendment) Regulations 2025 laid

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The Financial Services and Markets Act 2023 (Digital Securities Sandbox) (Amendment) Regulations 2025 were laid before parliament, together with an explanatory memorandum. The Regulations relate to the Digital Securities...more

A&O Shearman

Updated memorandum of understanding on FMI supervision between Bank of England and UK Financial Conduct Authority published

A&O Shearman on

The Bank of England has published an updated memorandum of understanding between the BoE and the U.K. Financial Conduct Authority on the supervision of markets and financial market infrastructures...more

Latham & Watkins LLP

It’s in the Stars - HM Treasury Recasts and Pushes Forward PISCES

Latham & Watkins LLP on

The world’s first regulated private/public crossover market is significantly redesigned as a friction-free “private up” rather than “public down” market with rethought approach to disclosure and market abuse....more

Latham & Watkins LLP

UK Government Consults on World’s First Regulated Public-Private Crossover Market

Latham & Watkins LLP on

UK Chancellor launches consultation on the proposed Private Intermittent Securities and Capital Exchange System (PISCES) as part of the Spring Budget. On 6 March 2024, HM Treasury published a consultation paper seeking...more

BCLP

What New Digital Sandbox Regs Hold in Store for UK Markets

BCLP on

The Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023 came into force on Jan. 8, creating the U.K.'s first digital securities sandbox within which firms would be able to test new...more

Orrick, Herrington & Sutcliffe LLP

Anche l'Italia avrà la sua regulatory sandbox

La legge 28 giugno 2019, n. 58 ("Legge 58/2019") ha convertito con modificazioni il decreto legge 30 aprile 2019, n. 34 (c.d. "Decreto Crescita"), introducendo un'importante novità in materia di regolamentazione bancaria,...more

Hogan Lovells

OJK's fintech sandbox

Hogan Lovells on

Until very recently, the Financial Services Authority (OJK) only regulated peer-to-peer fintech lending platforms (P2P Firms). A recently issued OJK regulation (POJK 13/2018) increases its regulatory mandate over fintech...more

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