ESMA’s latest advice on ICOs and cryptoassets identifies gaps and issues with current EU regulation.
New regulation warrants more transparency from UK banks and larger investment firms
Planned measures, and likely outcomes for the banking, insurance, and financial services sectors in the absence of trade agreements.
Andrew Bailey said in a key speech last year: “The FCA is an exciting place to be, the challenges come thick and fast”. The same can certainly be said of the FS sector in 2018.
Given the international reach and inter-connectedness of global financial markets, it comes as no surprise that the legislation’s impact extends beyond the EU.
While important legislative developments have been in gestation for a number of years, recent events have heavily influenced the agenda for the next 12 months.