On 12 November 2025, the Financial Conduct Authority (FCA) announced a strategic partnership on artificial intelligence with the Monetary Authority of Singapore. For the first time, the FCA will also establish a presence in Singapore with the appointment of an FCA Financial Services Attaché based at the British High Commission. This forms part
On 11 November 2025, the International Organization of Securities Commissions (IOSCO) published a Final Report on the Tokenisation of Financial Assets.
The purpose of the Final Report is to build a shared understanding among IOSCO members of how tokenisation is being adopted across capital markets and how regulators are responding. It examines
On 10 November 2025, the Bank of England (BoE) published a consultation paper setting out its proposed regulatory regime for sterling-denominated systemic stablecoins.
Overview
Sterling-denominated systemic stablecoins are a new type of digital money designed to maintain a stable value and could be used for retail payments and wholesale settlement in the future.
On 5 November 2025, HM Treasury published correspondence from the Economic Secretary to the Treasury commissioning the Financial Services Skills Commission to produce a report on AI and other disruptive technologies as provided for in the Financial Services Growth and Competitiveness Strategy published in July 2025.
On 29 October 2025, the Australian Securities and Investments Commission (ASIC) updated Information Sheet 225 Digital assets: Financial Products and Services (INFO 225).
Background
In December 2024, ASIC consulted on updates to INFO 225 (CP 381) to clarify when certain digital assets are financial products. CP 381 also sought
Introduction
The Australian Government has released exposure draft legislation that, if passed, will significantly transform the regulatory framework in the digital assets space. The proposals aim to bring digital asset and tokenised custody platforms within the financial services regulatory perimeter under the Corporations Act 2001 (Cth) (Corporations Act), requiring operators of them to
On 27 October 2025, the Financial Conduct Authority (FCA) published information for firms looking to offer crypto exchange traded notes (cETNs).
Background
The FCA explained that it lifted the ban on retail access to certain cETNS on 8 October 2025, meaning that retail consumers can now access cETNS when they are
On 14 October 2025, the Financial Conduct Authority (FCA) published a Consultation Paper (CP25/28) setting out proposals to encourage the adoption of tokenisation and tokenised funds in the UK.
We have now released a new briefing note on the FCA’s latest proposals and what this means for firms.
On 24 October 2025, the Chancellor of the Exchequer announced the launch of a Scale-up unit that will be jointly led by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).
Overview
The Chancellor explained that the Scale-up Unit will provide growing financial sector regulated firms with tailored support and
On 24 October 2025, the European Securities and Markets Authority (ESMA) issued a press release welcoming the strong initial engagement by Member State national competent authorities (NCAs) on cyber risk and digital resilience and called for continued efforts on the Union Strategic Supervisory Priorities (USSPs). ESMA notes that since