Pep Pod – financial promotions, the FCA gateway and the cryptoasset regime
Pep Pods from Cummings Pepperdine09/24/24 • 16 min
In this Pep Pod, Claire Cummings and Ian Gobin talk about financial promotions, bringing you up to date with the latest changes and how they affect both crypto and non-crypto products
Cummings Pepperdine is a unique leading legal advisor on crypto and alternative assets, advising a large and diverse global client base and the only firm to provide a complete solution building on the three key areas of law, tax and FCA with legal underpinning at every point.
Visit www.cummingspepperdine.com
09/24/24 • 16 min
Pep Pods from Cummings Pepperdine - Pep Pod – financial promotions, the FCA gateway and the cryptoasset regime
Transcript
CUMMINGS PEPPERDINE
PEP POD: IN CONVERSATION ABOUT FINANCIAL PROMOTIONS
Q: What is a financial promotion?
Excuse the citation of legislation, but the answer to this makes more sense when read in the whole.
The relevant part is section 21 of the Financial Services and Markets Act 2000 (known as FSMA).
This says a person must not, in the course of business, communicate an invitation or inducement to engage in inv
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