The U.K. Financial Services and Markets Act 2023

The U.K. government has published its much-anticipated proposals for regulating the cryptoasset industry. These proposals, currently in the form of a consultation, will see many (but not all) cryptoasset-related activities being brought within the regulatory perimeter for financial services in the U.K.

You will have previously seen a landlord's consent is usually required to enable a pharmacist to assign or sell their lease to a third party.

It is usual for the landlord's consent to be specified not to be unreasonably withheld or delayed.

On a lease assignment a landlord will want to ensure that the tenant is of sufficient financial strength to be able to comply with the lease covenants (including payment of the rent).