HM Treasury Issues Consultations
HM Treasury has issued two public consultations today. One is a review of the current requirement for an authorised firm to approve the financial promotion of an unauthorised firm that may not operate as a strong enough safeguard to ensure such financial promotions are compliant with Financial Conduct Authority (FCA) rules. The second pertains to crypto-assets that are currently unregulated.
Regulatory Framework for Approval of Financial Promotions