Regulatory Alerts2023-06-07
Added · Updated
PS23/6: Financial promotion rules for cryptoassets
The Financial Conduct Authority issued Policy Statement PS23/6 to finalize new rules governing the financial promotion of cryptoassets in the UK. These regulations establish specific requirements for how firms must communicate information about cryptoassets to consumers to ensure clarity and prevent misleading practices. The policy aims to enhance consumer protection by bringing cryptoasset promotions under a standardized regulatory framework effective from the specified implementation dates.