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Staking not a Collective Investment Scheme: UK Government confirms new law

Posted by Sophie Lessar on 22 January 2025

The UK Government has passed legislation to confirm that staking does not fall within the regulatory scope of Collective Investment Schemes.

EU crypto-assets regulatory framework: application of the landmark Markets in Crypto-Assets Regulation (MiCA)

Posted by Melvin Tjon Akon, Sophie Lessar, Laurent Massinon, Christina Nickel and Karen Butler on 15 January 2025

MiCA fully applies since 30 December 2024. In this alert we analyse the key elements of the regime, assessing its impact for the market and highlight the opportunities they will bring.

The opening salvo from the FCA on the UK cryptoasset framework

Posted by Karen Butler and Puesan Lam on 15 January 2025

On 24 November 2024 the UK Financial Conduct Authority (the FCA) published a Roadmap setting out its timeline to developing a tailored regulatory regime for cryptoassets and associated activities (the Roadmap). 

The New Anti-Money Laundering Rules: What You Need to Know

Posted by Melvin Tjon Akon on 16 December 2024

On 31 May 2024, the EU Legislature adopted Directive (EU) 2024/1640 (the Sixth Anti-Money Laundering Directive, AMLD6), Regulation (EU) 2024/1624 (the Anti-Money Laundering Regulation, AMLR), Regulation (EU) 2024/1620 (the AML Authority Regulation, AMLAR). 

Retail Disclosure Regime

Posted by Karen Butler on 6 December 2024

The long-awaited Consumer Composite Investments (Designated Activities) Regulation 2024 entered into force on 22 November 2024 (the CCI Regulation).

New UK ESG Ratings Regulation

Posted by Karen Butler on 29 November 2024

On 14 November 2024, HM Treasury published its response document and draft Statutory Instrument (Draft SI) confirming that providers of Environmental, Social and Governance (ESG) ratings will be brought within the scope of the UK regulatory perimeter.

New UK rules for critical third parties

Posted by Puesan Lam on 15 November 2024

The UK regulators confirmed their new rules for critical third parties (CTPs) on 12 November 2024. The new rules are intended to be closely aligned with international standards and similar regimes, including DORA.

Engaging vendors in the financial sector: EDPB clarifications mean more mapping and management

Posted by Linzi Penman and Eilís McDonald on 8 November 2024

The European Data Protection Board (EDPB) adopted an opinion on 7 October 2024. It gives guidance for data controllers relying on processors (and sub-processors) under the GDPR.

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