Crypto businesses: Update on AML and CTF Regulations
From 10 January 2020, the Financial Conduct Authority (FCA) became the supervisor of anti-money laundering (AML) and counter terrorist financing (CTF) for UK cryptoasset businesses under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 as amended (MLRs). Who is being regulated? The MLRs will now apply to businesses […]