On 6 October 2023, the FCA updated its webpage ‘Cryptoasset AML/CTF regime: feedback on good and poor quality applications’ by generally updating the page and adding registration statistics. The FCA has been the anti-money laundering and counter-terrorist financing supervisor of UK cryptoasset businesses since 10 January 2020. In the last 12 months it has determined 79 applications. Five of these applications have been registered. The remainder have either been rejected, withdrawn, or refused.
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The Petitions of the Week column highlights a selection of cert petitions recently filed in the Supreme Court. A list of all petitions we’re watching is available here.
Rents in New York City are among the highest in the country and rising. According to a report from brokerage firm Douglas Elliman, median rents in Manhattan reached a record high in May of $ 4,395 per month. Meanwhile, only a handful of residential units in the city are rent-controlled, … Read the rest