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Select Committee
Letter to the Chair from Kate Roche, Public Affairs Advisor, Advertising Standards Authority, dated October 2023

Correspondence Nov. 15 2023

Committee: Communications and Digital Committee

Found: We are committed to evidence -based regulation, and we continually review new evidence to ensure the


Select Committee
ASA System
LLM0098 - Large language models

Written Evidence Oct. 31 2023

Inquiry: Large language models
Inquiry Status: Closed
Committee: Communications and Digital Committee

Found: We are committed to evidence-based regulation, and we continually review new evidence to ensure the


Departmental Publication (Policy paper)
Home Office

Oct. 25 2023

Source Page: Government response to the Law Commission’s review of confiscation
Document: final review (PDF)

Found: will declare bankruptcy.28 (3) the person’s ability to hide their identity when holding assets in cryptocurrencies


Select Committee
Cabinet Office, Cabinet Office, and Cabinet Office

Oral Evidence Oct. 17 2023

Inquiry: Lobbying and Influence: post-legislative scrutiny of the Lobbying Act 2014 and related matters
Inquiry Status: Closed
Committee: Public Administration and Constitutional Affairs Committee

Found: That means making sure that we are not unnecessarily bringing people or organisations into regulation


Select Committee
Fourteenth Report - NFTs and the Blockchain: the risks to sport and culture

Report Oct. 11 2023

Committee: Culture, Media and Sport Committee (Department: Department for Digital, Culture, Media & Sport)

Found: million. 3 However, as NFTs entered into the public consciousness, underpinned in part by the boom in cryptocurrencies


Deposited Papers

Sep. 26 2023

Source Page: The six-monthly report on Hong Kong: 1 January to 30 June 2023. 32p.
Document: Six-monthly_Report_on_Hong_Kong_1_Jan_to_30_June_2023.pdf (PDF)

Found: From 1 June, Hong Kong’s Securities and Futures Commission (SFC) introduced new regulation for the trading


Departmental Publication (Guidance and Regulation)
Foreign, Commonwealth & Development Office

Sep. 19 2023

Source Page: Six-monthly report on Hong Kong: January to June 2023
Document: Six-monthly report on Hong Kong: 1 January to 30 June 2023 (PDF)

Found: From 1 June, Hong Kong’s Securities and Futures Commission (SFC) introduced new regulation for the trading


Select Committee
Foundation Model Taskforce, Alan Turing Institute, University of Cambridge, and Stability AI

Oral Evidence Sep. 12 2023

Inquiry: Large language models
Inquiry Status: Closed
Committee: Communications and Digital Committee

Found: We will be assessing the Government’s White Paper and their proposed approach to regulation.


Select Committee
Sarah Breeden

Oral Evidence Sep. 12 2023

Committee: Treasury Committee (Department: HM Treasury)

Found: What will change is I will become a member of the Prudential Regulation Committee and a member of the


Written Question
Cryptocurrencies: Regulation
Monday 4th September 2023

Asked by: Alun Cairns (Conservative - Vale of Glamorgan)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment has he made of the adequacy of the capacity of the Financial Conduct Authority to regulate cryptocurrencies.

Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)

The government is proposing an approach to cryptoasset regulation under which firm requirements are designed and implemented by the independent regulators to ensure an agile regime able to respond to developments in the sector. The recent Financial Services and Markets Act included powers to bring stablecoins and cryptoasset activities within the FCA regulatory perimeter.

The FCA completed its Transformation Programme in March 2023 seeking to make the FCA a more innovative, assertive and adaptive regulator. It involved significant investment in the FCA’s systems and capabilities to enable better use of data and intelligence to regulate 50,000 firms effectively and efficiently. Further information on the delivery of the Transformation Programme is contained in the FCA Annual Report 2022-2023

The Government will continue to regularly discuss delivery of the Transformation Programme with the FCA to monitor progress.