In this paper, the FMLC explores the ways in which regulators and legislators have attempted to grapple with the many varieties of virtual currencies and in particular those which have arguably come to function as money for legal purposes. The definition of “virtual currencies” in the E.U.’s Fifth Money Laundering
Tag: FinTech
Report: Initial Coin Offerings: 30 July 2019
Initial Coin Offerings (“ICOs”) typically use Distributed Ledger Technology (“DLT”) to offer transferable units (“coins” or “digital tokens”) that confer various rights on the holder of record. ICOs can be […]
Letter to HM Treasury on 5MLD and Cryptoassets: 30 July 2019
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 […]
Finance and Technology Scoping Forum meeting: 8 November 2018
A meeting of the Finance and Technology Scoping Forum was held on 8 November 2018. The meeting was chaired and hosted by Carolyn Jackson of Katten Muchin Rosenman LLP. Forum […]
Finance and Technology Scoping Forum meeting: 9 August 2018
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 […]
Finance and Technology Scoping Forum meeting: 10 May 2018
A meeting of the Finance and Technology Scoping Forum was held on 10 May 2018. The meeting was chaired by Cat Dankos of Herbert Smith Freehills LLP. Professor Andrew Godwin […]
Report: Distributed Ledger Technology and Governing Law: 27 March 2018
Distributed Ledger Technology (“DLT”) systems involve databases that are shared across digital networks. DLT systems are decentralised, borderless and span several jurisdictions, which can often lead to issues of legal […]
Finance and Technology Scoping Forum meeting: 8 February 2018
On 8 February 2018, members of the Finance and Technology Scoping Forum met for the first meeting of 2018. The meeting was chaired by Nina Moffatt of Baker McKenzie LLP. […]