Expertise that adds value
The recent series of blogs, diagrams, and press releases published by the FCA highlight their commitment to creating a safe, competitive, and sustainable crypto market
An amendment to the UK Money Laundering Regulations which came into force on 1st September has ushered in additional regulatory requirements for cryptoasset businesses. Firms
Cryptocurrencies have exploded in recent years, and criminals have noticed. $3.5 billion was laundered through cryptoassets in 2020, bringing a heightened regulatory focus and new
Crypto firms operating in the UK, prior to 10th January 2020, are required, in compliance with the 5th Anti-Money Laundering Directive (5MLD), to register with
‘IPO’, three letters to embody the essence of a $3.76tn UK market, so fundamental that their meaning speaks even to the uninitiated. Initial offerings, however,
In this blog, Fred McDowell, Senior Manager within the fincrime team in fscom, outlines the key changes in the 6th Anti Money Laundering Directive (6AMLD) and
Yesterday, the FCA published survey results that will not have surprised many in the sector. As at the end of October 2020, 4,000 financial service
The 30 June deadline for crypto asset applications to receive a priority review from the FCA is fast approaching. As you may be aware, cryptoasset
As we propel ourselves fully into 2020, we move forward from a formidable decade of regulatory reform in the financial services sector. The emergence of
Her Majesty’s Treasury published a consultation paper on the UK’s transposition efforts relating to the EU’s 5th Money Laundering Directive (5MLD) earlier this year. The Directive
