by Jyotsna Bucktowar | Apr 5, 2024
The Authorities have identified areas for future co-operation and co-ordination, including revisions to the MoU regarding proposed stablecoin regulation, embedding the reforms from the Financial Services and Markets Act 2023 (FSMA 2023), as well as further enhancing...
by AdrianaAMLP | Apr 4, 2024
Refers to civil breaches of the regulations and not to criminal offences and covers the period 1 April to 30 September 2023.
by Jyotsna Bucktowar | Apr 4, 2024
*In the last two years the sum total of funds denied from DAML requests is £578.4m, higher than the total denied in the previous six years at £499m. 2021 – 2022 benefitted from seven cases of asset denial between £10m and £50m, contributing to a very high overall...
by Jyotsna Bucktowar | Apr 4, 2024
The FCA alleged that AWL unlawfully took approximately £2.8m as deposits under loan agreements and/or as part of an unauthorised collective investment scheme arranged investments in EMB Fund Limited (EMB) totalling about US$9m which breached the restrictions on...
by Jyotsna Bucktowar | Apr 3, 2024
This initiative run by the regulators is intended to help facilitate the adoption of innovative technology in digital assets in the UK. The consultation is relevant to firms intending to apply to enter the DSS and be approved as a sandbox entrant, as well as firms...
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