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Technology United Kingdom Financial Regulatory Reform

A&O Shearman

BoE official launch of AI consortium

A&O Shearman on

The Bank of England (BoE) has announced the launch of the AI Consortium. The consortium will provide a space for public-private engagement to gather input from stakeholders on the capabilities, development, deployment and use...more

A&O Shearman

BoE reports on digital pound developments and implementation

A&O Shearman on

The Bank of England (BoE) has published a series of documents regarding its work on implementing the digital pound. The Digital Pound Experiment Report on Offline Payments assesses the technical feasibility of implementing an...more

A&O Shearman

MiCAR under the microscope - Part 6: Acquisition of qualifying holdings of casps and art issuers

A&O Shearman on

The Regulation (EU) 2023/1114 on Markets in Crypto-assets (MiCAR) has further expanded the panel of regulated entities by introducing the regulatory status of Issuers of Asset Reference Tokens (ART Issuers) and crypto-asset...more

A&O Shearman

UK Financial Conduct Authority Discusses Strategy for 2025 to 2030

A&O Shearman on

The U.K. Financial Conduct Authority has published a speech by Emily Shepperd, FCA Chief Operating Officer, on the FCA's strategy for 2025 to 2030. In the speech, Ms. Shepperd sets out the four main themes of the FCA's...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Regulators Publish Approaches to AI Regulation in Financial Services

On 22 April 2024, the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England published their strategic approaches to regulating AI in response to the UK government’s July 2022 AI...more

Sullivan & Worcester

Sullivan & Worcester Advises Arqit on Documentary Framework to Support the Issue of Electronic Promissory Notes under the...

Sullivan & Worcester on

London, UK - Sullivan & Worcester (Sullivan) is advising Arqit Limited (Arqit), a leader in quantum-safe encryption, in relation to its documentary framework to support the creation, issue and storage of electronic promissory...more

Sullivan & Worcester

Sullivan & Worcester's Geoffrey Wynne Assists ITFA on Addendum to Its Digital Negotiable Instruments Handbook

Sullivan & Worcester on

London, UK – Partner Geoffrey Wynne at Sullivan & Worcester (Sullivan) has assisted the International Trade & Forfaiting Association (ITFA) in relation to an important update to its Digital Negotiable Instruments (DNI)...more

Morrison & Foerster LLP

Technology Outsourcing and UK Financial Services Regulation

The UK financial services regulator, the Financial Conduct Authority, has published a new list of considerations for regulated financial services firms planning to use third-party technology to support their operations. The...more

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