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The U.K. Government announced on 9 December 2022 a series of initiatives, billed as the Edinburgh Reforms, to reform the laws for the U.K. financial services sector. In this note, we...
<p><span>Nearly 600,000 people are now paying less in interest and charges on their credit card debt because of changes made by the FCA.</span></p>
<p><span>The FCA is reminding all regulated firms of their existing obligations when they are interacting with or exposed to cryptoassets and related services.</span></p>
Record of the meeting between the Economic Secretary to the Treasury and the Chief Executive of the Financial Conduct Authority (FCA) to discuss the FCA’s Perimeter Report.
The FCA’s regulatory perimeter derives primarily from from FSMA and the universe of secondary legislation surrounding it, particularly the Regulated Activities Order RAO.