AML & Financing Controls - Advising on Compliance for Cryptofirms

Introduction

AML and financing controls remain the leading hurdle to crypto registration with the FCA, as well as the principal source of FCA investigations and enforcement of cryptofirms.

It is vital that cryptofirms understand, evidence, and effectively advocate their controls. This course is relevant to any firms operating with crypto regardless of being otherwise registered or authorised. It is suitable for boards, MLROs, legal advisors, and compliance functions of cryptofirms operating in the UK.

What You Will Learn

This live and interactive course will cover the following:

• Your obligations under the Money Laundering Regulations
• FCA requirements for cryptoasset registration
• How to go about cryptoasset registration with the FCA
• ‘What good looks like’ for cryptofirms
• Key lessons from the Joint Money Laundering Steering Group (‘JMLSG’) Guidance for cryptofirms
• FCA ‘assertive supervision’ and enforcement approaches to cryptofirms
• How to conduct a cryptofirm Business Wide Risk Assessment (‘BWRA’)
• How to comply with the travel rule

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.