Cryptocurrencies: Cryptoasset businesses: are you ready for 5MLD?

30 Dec 2019 7:45 AM | Anonymous member (Administrator)

From 10 January 2020, the FCA will supervise the anti-money laundering (AML) compliance of certain cryptoasset businesses which, for the first time, will be brought within scope of the UK's Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the MLRs).

https://www.dentons.com/en/insights/articles/2019/december/20/cryptoasset-businesses-are-you-ready-for-5mld

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