United Kingdom: FCA Notice on cryptoasset handling obligations
Progress
Current status
adopted
24 Mar 2022 adopted
Scope
Implementers
United Kingdom
Policy Area
Other operating conditions
Policy Instrument
Other operating condition, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
consumer protection authority
Implementation Level
national
Timeline of events
Issued notice on Cryptoasset Handling Obligations
On 24 March 2022, the UK Financial Conduct Authority (FCA) issued a notice reminding financial service firms handling cryptoassets of the obligations they have to respect. Firstly, the FCA expects clear communication with customers, especially when …
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
consumer protection authority