The chairs of TheCityUK’s Green and Sustainable Finance Group and the IRSG ESG Committee wrote to Baroness Penn, Parliamentary Secretary, HMT, following the publication of the Update to the Green Finance Strategy. The strategy marks a significant step forward in the UK’s move towards a greener future and, with the right delivery, will put the UK in a strong position to attract private finance and implement its net-zero commitments.
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.