On 7 January, an article from the Basel Institute of Governance about a new report which illustrates 3 points we have long emphasised at the Basel Institute. The report’s authors Sofia Tirini and Leah Ambler have summarised the main findings of the report. The article also says that a larger version of the report will be published by the OECD containing more interesting findings on anti-corruption risks and challenges in SE Asia; and in this broader publication, the OECD will provide information on other issues such as gender policies, risk areas for businesses and the impact of technology among others.
On 8 January, an article from the University of Oxford Faculty of Law says that EU law in the UK is now a matter of a multiple and overlapping legal instruments. Post-Brexit legal arrangements are very complex, perhaps surprisingly so. Although it says that it is not possible to set out these matters here in detail, it would perhaps be worth listing the 11 types of EU law operating in the UK after Brexit.
On 8 January, an article from Hogan Lovells examined a paper issued on 7 January and what the proposals entail, and why the consultation represents an important opportunity to provide clarity in this space. The paper follows a consultation which closed in October and the Chancellor committing to consulting on bringing cryptoassets within the scope of financial promotions regulations; and consulting on broader regulatory approaches to cryptoassets and stablecoins. The paper consists of a further consultation until 21 March on the current regulatory landscape for cryptoassets, and puts forward a policy with specific proposals regarding the regulation of cryptoassets for payments purposes. There is also a call for evidence covering a broad range of questions in relation to cryptoassets.