FCA extends date of Temporary Registration Regime for existing crypto-asset businesses: next steps

In its policy statement PS19/22, “Guidance on crypto-assets”, the Financial Conduct Authority divided crypto-assets into “three broad categories”: exchange tokens, utility tokens and security tokens.

Related briefings

A review of the post-Brexit UK financial sanctions regime – where are we now?

Following its departure from the EU, the UK now has the opportunity to develop its own international sanctions regime, separate from the EU. The Foreign Office is now responsible for international sanctions policy and this will be implemented and enforced by the Office of Financial Sanctions Implementation (OFSI) on behalf of HM Treasury.

The aviation industry in 2021 and beyond – Recovery, restructuring and disputes

As airlines and the network of businesses linked to the airline industry continue to struggle with the effects of the pandemic, Collyer Bristow’s aviation litigation expert Simon de Broise is joined by his colleague Ryan Lynch, a specialist in insolvency and complex commercial disputes, to discuss recent developments around restructuring and insolvency.

Latest Briefings

Portugal: Rent updating coefficient to apply in 2022

Under article 24 of Law 6/2006 of 27 February, which approved the New Urban Renting Rules, and article 11(5) of Decree-Law 294/2009 of 13 October, which approved the New Rural Renting Rules, the National Statistics Institute is responsible for calculating the annual rent update coefficient applicable to urban and rural leases. This coefficient must then be published in a notice appearing in the official gazette, Diário da República, no later than 30 October of each year.

How will costs be treated in a no-fault divorce?

At the end of this month, court fees are increasing. The change is the result of a consultation led by the Ministry of Justice earlier in the year which considered whether court fees should be increased by inflation.

Limited network exemption under PSD2 – EBA consults on Draft Guidelines

In summer 2021 the European Banking Authority published Draft Guidelines on the limited network exemption under the Payment Service Directive 2 for consultation. The Draft Guidelines are meant to foster supervisory convergence amongst the EU’s national competent regulators.

Energy Innovators Roundtable series: Reshaping regulation to recognize the imperative for technological change

Whether they like it or not, energy regulators are the new gatekeepers of the technology shift that is needed to meet Canada’s carbon reduction goals. This will require significant and near-term changes to the construct under which Canada’s utilities have traditionally been regulated. Traditional regulation doesn’t incent utilities to retire technology simply because something better has come along. Should regulation transition from “used and useful” to “better”? Join Gowling WLG for the first 2021 roundtable in the Energy Innovators Roundtable series.

Recommended

Chris Kangis

AEG Europe GC resurfaces in new role

The former VP and general counsel of AEG Europe, which owns UK venues such as the O2 and Wembley, has taken on a new position one year after leaving the business. Chris Kangis, who departed from the sports and entertainment company and worked as a consultant from March 2020, will become general counsel of shared […]

Simmons & Simmons

Five contenders line up in Simmons’ election race

Simmons & Simmons is gearing up for official hustings next week, as five contenders look set to battle it out in the senior partner election race. The Lawyer understands that the line-up includes three London partners and two international ones, in Hong Kong and Germany respectively. The partners in question are London financial services partner […]

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Hogan Lovells pays tribute to corporate partner Richard Diffenthal

Hogan Lovells has announced that City partner Richard Diffenthal has sadly passed away. Diffenthal, who was 40, was a homegrown Hogan Lovells corporate talent, having trained at the firm before making partnership in 2016. His wealth of experience covered the full range of corporate practices, including equity capital markets, joint ventures and corporate advisory work, […]

Stephenson Harwood’s HK spin-off launches City office

Hong Kong firm MB Kemp, which was set up by a team that left Stephenson Harwood’s regional base last year, has expanded internationally with three new offices. MB Kemp’s new London operations will be spearheaded by partner Marco Pocci, who left Stephenson Harwood’s Hong Kong office after a brief stint of less than two years. […]

Linklaters favours Continental Europe in bumper promotions round

Linklaters has promoted 35 lawyers to its partnership, including 13 in London. The number of elevations is its highest since 2019, when the firm made up 33 lawyers to partner in its biggest round since the recession. The magic circle firm promoted 38 lawyers in 2007. Starting from May 2021, the firm will see the […]

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