United Kingdom: FinTech

HM Treasury has published a consultation on modernising the UK payments regulatory framework, signaling transformative changes for stablecoins, tokenised deposits, open banking, and agentic payments.

Almost 7 years on from the UK Jurisdiction Task Force’s seminal report on the law of property relating to purely digital assets and 3 years on from the Law Commission’s own 2023 report on the subject, you would be forgiven for believing that we had reached the point of certainty with respect to how the English law treats digital assets such as crypto-currencies.

Cryptoasset firms face a rapidly evolving regulatory landscape as the FCA's authorisation gateway opens on 30 September 2026. With the Financial Services and Markets Act 2000 (Cryptoassets) (Miscellaneous Amendments) Regulations 2026 laid before Parliament and the FCA's finalised PERG 18 guidance published within 24 hours, firms must navigate significant perimeter changes including new stablecoin payment exclusions.

Hit refresh on the FSR news browser after the long, hot summer with our handy review of developments in June, July and August.

Swedish Insurtech Lassie has launched in the UK with a revolutionary pet insurance model that combines AI-powered claims processing, gamified health rewards, and personalized pet care guidance through a single app. The platform promises to settle claims in just six minutes and offers a prevention-first approach that could fundamentally reshape the traditional pet insurance market. With over 20 million UK pets currently uninsured, Lassie's innovative approach may finally bridge the gap between pet owners and

In this edition we round up FinTech-related financial services regulatory developments for the week ending 28 August 2026.

His Majesty's Treasury has published a groundbreaking consultation paper that could revolutionize UK payments regulation by 2028, introducing frameworks for tokenised payment instruments and agentic AI while fundamentally restructuring how payment services are overseen. The consultation addresses five key pillars including strategic regulatory changes, modifications to the payments perimeter, integration of digital assets, Open Banking frameworks, and responses to emerging AI technologies. With responses du

The UK government's Mansion House 2026 speech and accompanying publications reveal continued progress on financial services reform, with significant developments in digital markets, AI adoption, and regulatory modernization. Key initiatives include the first designations under the critical third parties regime, advancement of tokenisation projects including the Digital Gilt Instrument, and comprehensive plans for AI integration across financial services. While the strategic direction remains clear, much of

The U.K.'s Financial Conduct Authority has published comprehensive final rules establishing a regulatory framework for cryptoassets, marking a pivotal step toward making the U.K. a global crypto hub. The regime introduces core requirements for all firms and activity-specific rules for stablecoin issuers, cryptoasset service providers, and trading platforms, with authorization applications opening September 30, 2026.