UK

REGULATION

PIMFA calls on Government to grasp Post-Brexit opportunity to improve financial services regulation

PIMFA calls on Government to grasp Post-Brexit opportunity to improve financial services regulation

PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, is calling on the Government to take the opportunity offered by the completion of Brexit to reshape the regulatory environment for financial services in the UK.

CRYPTOCURRENCY

FCA crypto ban is a setback for the UK in race to lead growing digital assets marketplace, says GDF

FCA crypto ban is a setback for the UK in race to lead growing digital assets marketplace, says GDF

The Financial Conduct Authority’s (FCA) recent decision to ban the sale of derivatives and exchange traded notes (ETNs) linked to cryptoassets to retail customers is a huge setback for the UK in maintaining its dominant position as a global fintech hub. The FCA’s decision has left many in the cryptoasset sector questioning the regulator’s willingness to collaborate with them and listen to the views of key market participants.