Planned measures, and likely outcomes for the banking, insurance, and financial services sectors in the absence of trade agreements.
Stakeholders can submit responses until 3 September 2018.
While other regulators are still in “wait and see” mode the Swiss Financial Market Supervisory Authority has published guidelines on ICOs.
Initial Coin Offerings are now mushrooming in Germany as well and the regulator published a guidance note explaining the circumstances under which tokens are “financial instruments”.
Financial data is one of the most attractive data sets for hackers, so financial institutions are at a high risk of being attacked.
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.