AML deadline prompts FCA to warn crypto firms
Regulator says firms must not mislead customers about regulatory status
The Financial Conduct Authority has issued a warning to crypto-asset businesses, telling them not to mislead customers about their regulatory status when it takes on the role of anti-money laundering (AML) supervisor next year.
In a document published on October 30, the FCA sets out key information for crypto-asset businesses on how to register with the regulator when its list of responsibilities expands on January 10, 2020.
The extension of its remit coincides with the European Union’s Fifth
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com