From Lexology

Three years on from Brexit: a few hits, and many misses. So what’s to come?

While Brexit is yet to deliver the bombastic deregulatory hopes of “Big Bang 2.0”, that’s probably for the best, argue ACA group directors Andrew Poole and Charlotte Longman.

16 February 2023

UK FCA proposals on new core investment advice regime

The FCA has been consulting on proposals for a new core investment advice regime which aims to facilitate greater consumer access to simplified advice…

16 February 2023

Philippines: Amendments to BSP Regulations on Credit Exposure Limits

Just before the close of 2022, the Monetary Board approved the amendments to the provisions of the Manual of Regulations for Banks (“MORB”) on credit…

16 February 2023

HM Treasury Publishes Draft Legislation to Regulate BNPL Lending

A consultation that will remain open until 11 April 2023 offers further clarity on the proposals to regulate buy-now-pay-later products. On 14…

16 February 2023

FRB Governor Says Crypto Assets Are Risky and Speculative, But Calls for Nuance in Regulation

Federal Reserve Board Governor Christopher J. Waller stated that crypto assets are "speculative" and risky for investors and financial intermediaries…

15 February 2023

Buy Now, Pay Later, Regulate Soon?

Valentine’s Day 2023 saw not only flowers and chocolates, but the much-anticipated publication by the British government of draft legislation setting…

15 February 2023

A journey to the future: Australia's (draft) token map is here

While many have expected to be asked for input on a fulsome breakdown of different crypto assets, Treasury appears to have already drawn its token…

15 February 2023

Cryptoasset Firms Marketing to UK Consumers Warned to Begin Preparing for Financial Promotions Regime Now

The UK Financial Conduct Authority (FCA) has warned cryptoasset firms marketing to UK consumers (including from overseas) to start preparing now to…

15 February 2023

Buy-Now Pay-Later: UK government consults on draft legislation

The government is consulting on proposed draft legislation that will bring BNPL within the FCA’s regulatory perimeter. Whilst a proportionate…

15 February 2023

FRB Governor Cautions Against Bank Merger Delays Becoming "New Normal"

Federal Reserve Board Governor Michelle W. Bowman said that increasing delays in the review and processing of bank merger applications may result in…

15 February 2023

Unlock unlimited access to all GBRR content