This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Small UK cryptoasset businesses to feel regulatory pressure as FCA widens money laundering net

By Annie Robertson and Fiona Maxwell ( August 24, 2020, 16:15 GMT | Insight) -- Small UK cryptoasset and payments businesses could be compelled to provide their annual financial-crime reports to the Financial Crime Authority, as part of a proposed new crackdown against money laundering. After issuing a spate of fines for failings against larger companies, the regulator wants to pull firms of any size deemed at higher risk into the scope of its framework.Small UK cryptoasset and payments businesses could be compelled to provide their annual financial-crime reports to the Financial Crime Authority, as part of a proposed new crackdown against money laundering....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login