From Lexology

ESG in the banking, financial and insurance sectors - ESAs opinions on European Sustainability Reporting Standards

On 26 January 2023, the ESAs (ESMA, EIOPA, and EBA) published their respective opinions on the first set of European Sustainability Reporting…

15 February 2023

UK FCA Discussion Paper on finance for positive sustainable change

On 10 February 2023, the UK’s Financial Conduct Authority (FCA) published a Discussion Paper on finance for driving positive sustainable change. The…

13 February 2023

Crypto advertising in the UK - new regulatory regime incoming

On 1 February HM Treasury published a consultation and call for evidence on its proposals for a financial services regulatory regime for cryptoassets…

13 February 2023

The EU regime for crypto-asset service providers under the Markets in Crypto-Assets Regulation

The Markets in Crypto-Assets Regulation (MiCA or the Regulation) will introduce the first European framework for crypto-assets. The regime covers…

13 February 2023

Canada: Proposed Retail Payment Activities Regulations Issued

The Department of Finance Canada has published proposed Retail Payment Activities Regulations (the “Regulations”) to support the Retail Payment…

13 February 2023

All you need to know about DORA: New obligations for the financial sector

The Digital Operational Resilience for the Financial Sector Regulation 2022/2554 (hereinafter the "Regulation" or "DORA") of the 14th of December…

13 February 2023

Bollywood buzzing over NFTs

Non-fungible tokens (NFTs) are all the rage among Indian celebrities, but scepticism remains due to the legal ambiguity of the blockchain ecosystem…

13 February 2023

Fannie and Freddie Confirm Choice of SOFR as Replacement for LIBOR in Existing Mortgage Loans

Although the transition from LIBOR interest rates has been planned for quite some time now, Fannie Mae and Freddie Mac recently provided additional…

12 February 2023

Fed Policy Statement Adds Hurdles to Digital Asset Activities and Innovation by State Banks

The Federal Reserve Board ("Board") has issued a new policy statement ("Policy Statement") imposing limits, including Board…

10 February 2023

VARA issues full market product regulations

The Virtual Assets Regulatory Authority (VARA), established in March 2022 to regulate all activities relating to virtual assets in Dubai, has issued…

09 February 2023

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