The FMLC has drafted a response to the Consultation in the form of two complementary reports. Part I comprises comments on the classification of cryptoassets. Part II comprises comments in response to the section of the Consultation dealing with cryptoassets which fall within the E.U. regulatory perimeter.
Directive (EU) 2018/843 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (the “Fifth Anti-Money Laundering Directive” or “5MLD”) expands […]
A meeting of the Finance and Technology Scoping Forum was held on 9 August 2018. The meeting was chaired and hosted by Catrin Lewis of the Law Society. Forum members […]
Following the increasing popularity of digital currencies such as Bitcoin, the FMLC was asked by stakeholders to explore legal uncertainties arising from their proliferation. In response, the FMLC established a […]