FCA GC26/2: Applying the Consumer Duty to Cryptoasset Firms
Overview The Financial Conduct Authority (“FCA”) has published Guidance Consultation GC26/2 (“GC26/2”), setting out clear expectations on how firms undertaking regulated cryptoasset activities must apply the Consumer Duty. While the cryptoasset market offers innovation and growth opportunities, its complexity, volatility and […]
PS26/1 and the Future of BNPL
With the publication of Policy Statement PS26/1: Regulation of Deferred Payment Credit (Unregulated Buy Now Pay Later); the Financial Conduct Authority (FCA) set out its final rules for regulating Deferred Payment Credit (DPC), commonly know as […]
FCA vs HMRC: Who Rules the Register?
Author: James Borley, Director of Payment Services In my experience advising firms across the payments and e-money sector, one of the most persistent areas of confusion concerns Anti-Money Laundering (AML) registration and supervision in […]
Mind and management – Don’t Lose Your Head (Office)!
Authors: Joel Bailey, Consultant James Borley, Director of Payment Services Last week the FCA published a series of helpful videos aimed at helping prospective applicants for authorisation or registration in the payments and digital […]