October 29, 2018 @ 6:23 pm By JD Alois  |  

In the wake of the Autumn Budget  delivered by Chancellor of the Exchequer Philipp Hammond today, the Financial Conduct Authority (FCA), Bank of England, and HM Treasury has published their final report on the topic of regulating cryptoassets and distributed ledger technology (DLT/blockchain). The Cryptoasset… Read More

September 19, 2018 @ 9:25 am By Cali Haan  |  

The UK can no longer rely on “feeble” warnings to consumers from its securities regulator and should swiftly extend existing legislation to govern the cryptocurrency and digital asset sector in country, says a Parliament Treasury Committee established in February to examine the matter. After doing its… Read More

September 12, 2018 @ 3:36 pm By JD Alois  |  

The United Kingdom and Singapore held their 4th joint meeting of financial services regulators and policymakers. The meeting took place in London yesterday where officials discussed regulatory initiatives and standards of conduct in the financial sector. Both the UK and Singapore have pursued Fintech innovation… Read More

September 4, 2018 @ 7:54 am By JD Alois  |  

As in most parts of the world, smaller businesses drive the bulk of job growth in the UK. Over 99% of all UK businesses are SMEs employing 0-249 people and 96% (approximately 5.5 million) are micro-businesses employing up to 9 people, accounting for 33% of… Read More

May 21, 2018 @ 2:45 pm By JD Alois  |  

Today was the first meeting of the UK Cryptoassets Taskforce. The previously announced group involves the participation of the Financial Conduct Authority (FCA), Bank of England (BoE), HM Treasury and other Senior government officials. Some of the named participants include, Katharine Braddick, Director General of… Read More

March 22, 2018 @ 10:41 am By JD Alois  |  

HM Treasury Publishes Fintech Strategy In a widely anticipated speech today during the midst of UK Fintech Week, Chancellor of the Exchequer Philip Hammond told the audience Britain is the global capital of Fintech and he will do everything he can to maintain this title…. Read More

December 15, 2017 @ 8:16 am By JD Alois  |  

HM Treasury will host their second International Fintech Conference following the success of the inaugural event in 2017. Scheduled to be held in London on March 22, 2018, the event will highlight the UKs standout Fintech innovators as well as up and coming Fintech firms… Read More

November 10, 2017 @ 1:30 am By JD Alois  |  

There is a growing number of women in the finance industry – even more so in alternative finance. The UK, via HM Treasury’s Women in Finance Charter, is actively pursuing the promotion of women executives in this vitally important sector of business. According to HM… Read More

October 27, 2017 @ 4:28 pm By JD Alois  |  

“Cybercrime as a Service” is a Growing Problem In the UK, HM Treasury and the Home Office have published a report on money laundering and terrorist financing. As one of the largest economies in the world that is based on global trade and quite open… Read More

October 27, 2017 @ 10:18 am By JD Alois  |  

Deepbridge Capital, a company that provides investment access to small and medium sized UK growth businesses, has shared a wish list regarding the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) and measures it would like to see in Chancellor Philip Hammond’s forthcoming… Read More

September 22, 2017 @ 9:37 am By JD Alois  |  

Earlier this week, the Sunday Times reported that the UK government was examining plans to “clamp down” on the Enterprise Investment Scheme (EIS). This program is a tax exemption that seeks to incentivize investment in early stage companies – an intrinsically risky endeavor. By providing… Read More

September 8, 2017 @ 9:58 am By JD Alois  |  

According to a census taking by EY and Innovate Finance (on behalf of HM Treasury), UK Fintech firms are quite bullish on their prospects in the coming year. The report, the 2017 UK FinTech Census, states that about half of the firms polled expect revenue… Read More

September 8, 2017 @ 9:26 am By JD Alois  |  

The United Kingdom and Singapore has held their third UK-Singapore Financial Dialogue in Singapore today (September 8).  According to information provided by the Monetary Authority of Singapore, the two countries exchanged views on domestic and international financial market developments and covered a broad range of… Read More

August 4, 2017 @ 8:17 am By JD Alois  |  

The UK government has proposed a  new “National Investment Fund” launched to help innovative UK start-ups become “world-leading unicorns”.  According to HM Treasury, the Fund will ostensibly fill a £4 billion funding gap between US and UK firms and boost investment into entrepreneurial firms. HM… Read More

November 1, 2016 @ 8:47 pm By JD Alois  |  

A group of prominent Fintech firms met with City Minister, Simon Kirby, to discuss how early success in financial innovation could be maintained.  HM Treasury recognizes that London has garnered global accolades for its robust entrepreneurial environment that has created multiple disruptive Fintech firms. The… Read More

February 24, 2016 @ 9:49 pm By JD Alois  |  

In a report published today by HM Treasury, in partnership with EY, the UK declared global domination in the world of Fintech. The UK has consistently punched above its weight-class when it has come to financial innovation.  The Brits have benefited from elected officials that… Read More

December 2, 2014 @ 3:56 pm By JD Alois  |  

As expected, the Bank of England and HM Treasury have jointly announced a one year extension of the Funding for Lending Scheme (FLS).  The program, launched back in July of 2012, is designed to encourage lending to SME’s.  To date the program has failed to… Read More

March 19, 2014 @ 5:46 pm By JD Alois  |  

Retirement accounts can be a pretty mundane topic.  But creating an environment where people can save for their retirement is incredibly important.  Having endured punitive restrictions in the US, I can appreciate the increase in ISA limits.  The tax free limit for the “New ISA”… Read More

November 7, 2013 @ 10:33 am By JD Alois  |  

HM Treasury has published an Infographic on the Seed Enterprise Investment Scheme (SEIS).  Described as the “Little Sister” to the Enterprise Investment Scheme (EIS), the incredibly powerful incentive for investors to help fund small businesses is experiencing some very positive results.  Only launched in 2012,… Read More

September 4, 2013 @ 10:13 am By JD Alois  |  

Crowdcube Equity Crowdfunding Platform has Raised Over £12 Million to date for 64 Busineses. Crowdcube founders Luke Lang and Darren Westlake ventured off to Downing Street today to meet with British authorities to discuss the equity crowdfunding revolution and realities of today.  Representatives from HM… Read More