This article compares key aspects of the EU’s draft regulation on Markets in Cryptoassets (MiCAR) and the UK’s approach outlined in HM Treasury’s recent consultation, drawing out key similarities and differences and their implications.
1 APR 2023This article examines the safeguarding requirements for e-money institutions and payment services firms and their treatment under the UK’s depositor protection regime, which was recently updated to address the legal uncertainty resulting from the Court of Appeal’s decision in the Re Ipagoo case and highlights the likelihood of further regulatory reform in this area.
1 MAY 2023For the EU’s and UK’s securities and markets regulators nothing is in the name nor in the technology used when it comes to the need for a trading venue licence. Yet, noting some uncertainty around the application of key concepts to certain facilities, each regulator has sought to provide clarity for their respective markets via recently published guidance.
1 NOV 2023