The International Regulatory Strategy Group (IRSG) would like to share its concerns, in line with other industry representatives, on the cloud sovereignty requirements which are currently being discussed as a key element of the EU Cybersecurity Certification Scheme for Cloud Services (EUCS).
TheCityUK response to FCA consultation paper 25/14: 'Stablecoin Issuance and Cryptoasset Custody'
Our response supports the FCA's aim to bring certain stablecoin activities within the UK’s financial regulatory perimeter. However, our response highlights some key considerations to ensure the future framework is a proportionate, effective and globally competitive regime.