FCA consults on proposals for regulating cryptoassets

The FCA has released a Discussion Paper (DP) to develop rules for cryptoasset admissions and disclosures (A&D) and cryptoasset market abuse controls (MARC). The proposals focus on balancing risk reduction with fostering innovation and growth in the UK cryptoasset...

New guidance on detecting and preventing money mules

The FCA published key findings from its multi-firm review of payment account providers’ systems and controls against money mule activity, outlining examples of good practice, areas for improvement and how firms manage the risks…