Andrew Griffith News
26.02 / 12:03
Blockchain
Citizens
Action
Trade
students
Universities
country
Euroviews. The patchwork of UK crypto regulation is still too complex to bring real benefit
Yet another cryptocurrency scam has taken advantage of UK consumers.
12.07 / 19:11
UPS
Election
innovations
Rishi Sunak names temporary shadow cabinet as David Cameron resigns
The Conservatives ended up with 121 seats and came second to Labour, which took 412 seats. Many of the former Tory ministers will remain in the same roles from before the election, with James Cleverly now shadow home secretary, Jeremy Hunt shadow chancellor and Andrew Griffith appointed shadow secretary of state for science, innovation and technology. Keir Starmer names cabinet ministers with Angela Rayner as deputy PM But many former Tory frontbenchers are absent, either due to losing their electoral seat last week (4 July), or having stepped down in the aftermath, causing a mass...
20.11 / 09:41
UK
Treasury
ESG
Government earmarks £4.5bn for investment into British manufacturing sector
In a statement, the Treasury said that the funding will be available across eight UK sectors, with £960m allotted for a Green Industries Growth Accelerator to push clean energy development.
17.11 / 13:01
HSBC
Bloomberg
UK
Treasury
ISAs
Chancellor Hunt weighs allowing ISAs to hold fractional shares - reports
HMRC’s existing policy prevents ISAs from holding fractional shares of stocks, or less than a full share of a stock, which can require investors to sell their stakes and incur taxes on the gains.
15.11 / 10:37
Digital
coinbase
economy
crypto regulation
country
Department
UK Appoints Bim Afolami as Economic Secretary to Oversee Crypto Regulation
Bim Afolami has been appointed as the economic secretary to the Treasury of the United Kingdom, where he will have authority over policies that impact the adoption of digital assets and central bank digital currencies within the country.
15.11 / 08:33
UK
Premier Miton Investors
reform
services
Financial
Financial services CEOs call for ISA 'reform' at Autumn Statement
The group said that reforming ISAs in next week’s statement would 'help reverse this by putting the £68bn a year invested into ISAs to work on behalf of the UK economy'.
14.11 / 16:59
Government
regulation
policies
UK crypto
Crypto Policy
Bim Afolami takes the reins on UK crypto policy as new Economic Secretary
King Charles II has approved the appointment of Member of Parliament Bim Afolami to the position of economic secretary to the Treasury of the United Kingdom.
14.11 / 14:39
UK
People moves
Andrew Griffith replaced as City minister by former HSBC executive
Former City minister Andrew Griffith (pictured)
13.11 / 09:33
financial conduct authority
Investment trusts
House of Lords
Bill to overhaul investment trust cost disclosure rules to be debated in parliament
If the bill’s passage through the House and Lords and House of Commons is successful, investment companies will no longer be classified as AIFs and their costs will be removed from data feeds.
31.10 / 18:11
Provident
Art
Digital
Experts
information
reports
regulatory
UK Treasury Unveils Crypto Asset Regulatory Framework – Here’s What You Need to Know
The UK government has issued a comprehensive response to its consultation on crypto asset regulation, unveiling a final regulatory framework based on input from businesses, experts, and significant market events, including the ongoing FTX court case.
31.10 / 09:41
NFT
cryptoassets
Treasury
financial conduct authority
Treasury finalises plans to regulate crypto industry
The Treasury also declined to regulate decentralised finance (DeFi) in this phase of regulation, saying it would be 'premature and ineffective'.
30.10 / 14:09
Digital
Bill
stage
recommendations
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will look to bring in formal legislation for crypto activities by 2024.
16.10 / 19:09
Citi
UK
country
voice
reports
guidelines
ad
UK City Minister Andrew Griffith Advocates Clarity in Crypto Ad Rules
UK City Minister Andrew Griffith has called for more clarity and flexibility in the country's recently enacted crypto advertising rules, according to a Financial Times report.
30.09 / 00:49
27.09 / 12:17
regulation
Bitcoin
Coinbase CEO slams Chase UK for ‘totally inappropriate’ crypto move
Brian Armstrong, CEO of major United States-based cryptocurrency exchange Coinbase, has condemned the decision of JPMorgan’s subsidiary Chase UK to restrict crypto-related transactions.
14.09 / 12:23
Treasury
ESG
Grant
Defence secretary Grant Shapps: ESG considerations risk undermining UK defence industry
Grant Shapps was appointed as defence secretary on 31 August. Image: Lauren Hurley / DESNZ
24.08 / 08:33
business
Government
regulation
Scams
UK government
Cold Calls
UK considers blanket ban on crypto investment cold calls
As the United Kingdom prepares for a ban on finance-related cold calls, the UK Treasury issued a consultation and call for evidence to gauge a full picture of the impact on businesses, or the costs associated with introducing and implementing the ban.
09.08 / 07:29
07.08 / 09:27
Citi
Aware
LSE
Browser
Morningstar
Rheinmetall
social
Britain's investors shy away from UK defence companies
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03.08 / 07:41
regulation
Bank of England
financial conduct authority
Sky News
FCA
reports
Treasury to appoint next chief of City regulators' complaints body - reports
City minister Andrew Griffith (pictured) is understood to have said that the independence of the position would be significantly enhanced by the fact that the new commissioner will be appointed by the government, rather than regulators themselves.
31.07 / 12:55
UK
Asset management
ESG
UK ministers: 'Perverse' divestment from defence over ESG puts security at risk
'A failure to invest in defence and security firms also damages the economy.'
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