Photo of Simon Lovegrove (UK)

Simon Lovegrove (UK)

On 11 July 2025, the European Securities and Markets Authority (ESMA) published a Final Report on revised guidelines on outsourcing to cloud service providers (CSPs).

Background

On 18 December 2020, ESMA published a Final Report on guidelines on outsourcing to CSPs. The guidelines are intended to help in-scope firms identify, address

On 11 July 2025, the European Securities and Markets Authority (ESMA) issued a public statement – Avoiding misperceptions: Guidance for crypto-asset service providers (CASPs) offering unregulated services. The purpose of the statement is to set out some of the risks that are likely to arise and the issues that CASPs should

On 11 July 2025, the European Securities and Markets Authority (ESMA) issued a Final Report on guidelines for the criteria on the assessment of knowledge and competence under the Markets in Crypto Assets Regulation (MiCA).

Background

Article 81(15) of MiCA provides for ESMA to issue guidelines specifying the criteria for the

On 10 July 2025, the Financial Conduct Authority (FCA) issued a press release stating that it is planning to review its client categorisation rules to unlock more opportunities for wealthy investors and support capital markets, driving economic growth.

Nikhil Rathi, chief executive of the FCA, said: ‘Modernising the client classification regime will provide

On 9 July 2025, the Financial Policy Committee, which forms part of the Bank of England (BoE), published its latest Financial Stability Report (Report) which sets out its views on the outlook for UK financial  stability. The Report highlights several key developments around the UK’s financial stability including that UK household

On 10 July 2025, the European Securities and Markets Authority (ESMA) published the results of a peer review that looked at the authorisation of crypto asset service providers (CASPs) in Malta under the Markets in Crypto Assets Regulation.

The peer review analyses the approaches adopted by the Malta Financial Services Authority