In today’s episode, Host Louis Thompsett is joined by Shaanil Senarath-Dassanayake, Associate at Charles Russell Speechlys, as the duo discuss the seismic shifts in the UK’s regulatory landscape and what the transition from "unregulated" to "fully authorised" actually means for the next generation of fintech innovators.

Key Discussion Points

• The Crypto Authorization Gateway: Why the move from AML registration to full FCA authorization is more than just a paperwork exercise—it’s a total shift in operational expectations.
• Senior Management Accountability: How the extension of SM&CR to crypto firms is forcing founders to rethink personal liability and governance in a maturing market.
• The BNPL "Regulation Day": Navigating the July 15, 2026, deadline for Deferred Payment Credit and the compliance hurdles for firms facing FCA consumer credit rules for the first time.
• Structural Shakeups: What the consolidation of the PSR into the FCA means for payments firms and whether a "single supervisor" model will truly simplify the complex UK ecosystem.
• The AI Liability Gap: Insights from the FCA’s Mills Review on where the legal "buck stops" when agentic and generative AI systems cause consumer harm.

Host: Louis Thompsett
Guest: Shaanil Senarath-Dassanayake
Producer: Anaya McDonald
Editor: Anaya McDonald

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