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Viscount Waverley to ask Her Majesty's Government what assessment they have made of the Financial Conduct Authority’s decision to require authorised firms to re-apply for registration to engage in (1) non-cryptocurrency blockchain, and (2) non-cryptocurrency distributed ledger technology financial services innovation; and what assessment they have made of whether the implementation of a dual requirement framework is compatible with (a) Her Majesty’s Government’s policy of encouraging innovation in financial services, and (b) the recommendations of the Kalifa Review.  HL3333

Question HL3333: tabled on 21 October 2021 and due for answer by 4 November 2021

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Question text

Viscount Waverley to ask Her Majesty's Government what assessment they have made of the Financial Conduct Authority’s decision to require authorised firms to re-apply for registration to engage in (1) non-cryptocurrency blockchain, and (2) non-cryptocurrency distributed ledger technology financial services innovation; and what assessment they have made of whether the implementation of a dual requirement framework is compatible with (a) Her Majesty’s Government’s policy of encouraging innovation in financial services, and (b) the recommendations of the Kalifa Review.  HL3333
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