The House of Lords (Financial Services Regulation Committee) has launched an inquiry, with an accompanying call for evidence, into the use of regulatory sandboxes in UK financial services. The … [Read more...] about House of Lords Committee Opens Inquiry into Financial Services Regulatory Sandboxes
FCA publishes final report on distribution of pure protection products
The FCA has published the final report of its market study into the distribution of pure protection products – such as life insurance, critical illness cover and income protection – to retail … [Read more...] about FCA publishes final report on distribution of pure protection products
FCA and Bank of England set out the path for tokenisation in UK wholesale markets
On 14 September 2026, the FCA and the Bank of England ("BoE") published a feedback statement (FS26/1) on supporting the safe adoption of tokenisation in UK wholesale financial markets. The statement … [Read more...] about FCA and Bank of England set out the path for tokenisation in UK wholesale markets
DWP consults on solving the ‘small pots’ problem
The Department of Work and Pensions ("DWP") has begun consulting on a proposal to implement the automatic consolidation of deferred small pots through the establishment of consolidator schemes. At … [Read more...] about DWP consults on solving the ‘small pots’ problem
Cryptoassets – High Court permits service of proceedings exclusively by NFT
On 13 January 2023, the High Court handed down a landmark decision in the case of Osbourne v Persons Unknown and others [2023] EWHC 39 (KB). In what is understood to be a first in the Courts of … [Read more...] about Cryptoassets – High Court permits service of proceedings exclusively by NFT
Bank of England reports on AI in financial services
The Bank of England has published its report "Machine Learning in UK Financial Services". The report sets out its findings, following a survey of around a hundred regulated firms in the UK. It … [Read more...] about Bank of England reports on AI in financial services