Regulatory AlertsCP26/4: Application of FCA Handbook for Regulated Cryptoasset Activities II
The Financial Conduct Authority proposes applying the Consumer Duty and various FCA Handbook rules to firms conducting regulated cryptoasset activities following new government legislation. The consultation outlines specific requirements for dispute resolution, conduct of business, credit card usage, training, and the safeguarding of client assets. It also addresses regulatory reporting standards and the location policy for international cryptoasset firms to ensure consumer protection and market integrity.
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