The FSS is calling on the crypto industry to improve their self-regulatory capabilities until the new Virtual Asset User Protection Act is fully implemented.
June 1, 2023ESMA says firms should now use their regulatory status for traditional finance as a marketing tool to promote crypto investments.
May 26, 2023The measures include better disclosures about investment products and services and a ban on inducements for “execution-only” sales.
May 26, 2023Report says unbacked crypto assets such as Bitcoin and Ether do not have intrinsic value and pose significant risks to consumers.
May 19, 2023The NAFR absorbs the CBIRC in its entirety, and takes over certain functions from the PBOC and CSRC.
May 19, 2023The CMA’s initial review will explore the opportunities and risks AI models could bring for competition and consumer protection.
May 6, 2023Banks must confirm by 31 May that they have removed incentives linked to sales measures for salespeople and managers.
May 4, 2023The implementing rules set out the enforcement actions the SEC may take as well as measures to protect financial consumers.
May 2, 2023Securities and futures exchanges must ensure fairness and reasonableness in terms of latency, resource allocation and guarantees, and service agreements, among other areas.
April 27, 2023FCA executive director Sarah Pritchard said the new regime will apply to all firms marketing cryptoassets to UK consumers, regardless of where they are based.
April 26, 2023