Finance Law and Banking Law

This monthly newsletter examines pivotal regulatory developments reshaping UK and European financial markets, from the FCA's comprehensive overhaul of the AIFM regime to landmark cryptoasset regulations and critical third-party designations. How will these sweeping changes impact financial institutions, fund managers, and digital asset firms operating across jurisdictions?

Scotland's fintech sector is experiencing significant momentum through a combination of private investment and public sector support, with recent developments highlighting the country's growing reputation as a centre for innovation in financial services. Major funding announcements and strategic initiatives are positioning Scotland as a leader in AI-driven financial technology and responsible innovation, while raising important questions about intellectual property protection and sustainable competitive adv

The FCA is proposing to replace three separate remuneration codes with a single, more flexible framework for UK solo-regulated firms. While the new regime would reduce prescriptive requirements around deferral, malus and clawback, it maintains a strong emphasis on governance and evidence-based decision-making. Firms can begin preparing now by reviewing their scope, pay structures and documentation practices ahead of the September consultation deadline.