HM Treasury has published a response to its consultation on managing the failure of systemic digital settlement asset firms.
The U.K. Jurisdiction Taskforce has published a consultation relating to its proposed Legal Statement offering guidance on the application of English insolvency law principles to digital assets. The proposed Legal Statement will cover a range of areas which are listed in an Annex to the paper.
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.
The recently published Financial Services and Markets Bill (FSM Bill) is intended to recast the U.K.’s regulatory architecture post-Brexit. It was introduced to Parliament on 20 July 2022. The Bill implements the outcomes of the Future Regulatory Framework Review, which assessed whether the U.K.
The recently published Financial Services and Markets Bill (FSM Bill) is intended to recast the U.K.’s regulatory architecture post-Brexit. It was introduced to Parliament on 20 July 2022. The Bill implements the outcomes of the Future Regulatory Framework Review, which assessed whether the U.K.
Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions.
Trends and regulatory climate
TrendsWhat is the current state of the lending market in your jurisdiction and have any new trends emerged over the last 12 months?Austria
Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions.
Asset classes used as collateral for security
Use the Lexology Navigator tol to compare the answers in this article with those from other jurisdictions.
Enforcement
Use the Lexology Navigator tool to compare the answers in this article with those from other jurisdictions.
Structuring a lending transaction