What a difference a year makes! The crypto assets landscape has experienced not only extreme turbulence but sudden crashes. This May, the stable coin Terra USD and its linked token Luna imploded, losing a combined capitalization of $40 billion. Subsequent shock waves rippled through global crypto markets causing bitcoin to fall below $20,000, approximately 70 per cent of its November 2021 peak.
These events, and others, have stirred influential regulators in Asia, EU, UK and the US to focus more on making regulations fit for managing crypto assets. In this seminar we discuss what offensive and defensive weapons regulators are relying on to combat reckless crypto asset activity. We also propose answers to the question what else should be in the regulators’ armoury?
Speaker:
A qualified barrister and solicitor, Iain Sheridan has over 20 years' experience advising on financial regulation, especially FSMA and MiFID. His consulting experience includes advising ABN AMRO, Bank of America, Barclays, Citadel, Deutsche Bank, Fidelity Investments and Société Générale. He was also the former head of legal (EMEA and APAC) for the boutique FIG investment bank Fox-Pitt Kelton.
As a member of Grant Thornton’s business risk services (BRS) team, he focuses on financial regulation, ESG and risk in the financial services sector working with FinTech, hedge fund and investment bank clients. His skill set combines an understanding of regulation, technology, and intellectual property rights relevant to financial services firms. He studied data science at Oxford and machine learning at Cambridge. He is also the author of the practitioner book ‘Financial Regulation and Technology’ (Elgar Publishing).
Date
Thursday, 17 November 2022
Time
10:00 - 10:45 GMT
Cost
Free
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