With the U.K.'s crypto regulatory framework shifting from registration to full authorisation, companies must navigate a different FCA application process – one that brings heightened compliance expectations and new regulatory requirements.
A joint briefing by AlixPartners and Skadden
In this webinar, speakers from AlixPartners and Skadden discuss:
- The current status and expected timetable of the incoming regulations
- The commercial implications of the new licensing regime
- The FCA's expectations around legal entity structuring and operating model design
- Practical guidance to help firms position themselves for a successful application
Agenda and timestamps:
- Regulatory timetable (04:58)
- Should you get a UK licence? (09:47)
- Resolving the legal entity and perimeter question (19:20)
- The key gaps to be addressed by crypto firms (25:25)
- The application – how ready is enough? (37:58)
- Immediate steps (42:25)
- Q&A (46:48)
Panellists:
- Munib Ali, Partner, AlixPartners
- Sebastian J. Barling, Partner, Skadden
- Simon Toms, Partner, Skadden
About Munib:
Munib is a Partner in AlixPartners' Risk practice with 28 years of experience in financial services regulation. He has served as Chief Compliance Officer of a global banking institution, held senior consulting roles, and previously worked for a UK financial services regulator.
He supports boards and senior management on conduct, prudential and financial crime matters across the capital markets, wealth management, banking, payments and cryptoasset sectors. His expertise spans risk and compliance operating-model transformation, regulatory engagement, governance and supervisory controls, financial crime, market abuse, remediation, AI governance, and helping cryptoasset firms prepare for emerging regulatory regimes.
Munib has extensive experience guiding firms and senior executives through periods of intense regulatory scrutiny and helping them overcome regulatory obstacles to achieve strategic objectives.
