Following on from our recent community responses to the Bank of England’s consultation on the proposed regulatory regime for sterling-denominated systemic stablecoins, and FCA’s CP25/42 on the prudential regime for cryptoasset firms, The Payments Association will now be bringing our members together to respond to the FCA’s newest consultation CP26/4: Application of FCA Handbook for regulated cryptoasset activities – part 2.
The FCA are consulting on their proposed rules and guidance for firms conducting regulated cryptoasset activities. These include requirements for:
- Consumer Duty (read guidance on applying the Duty)
- Redress and Dispute Resolution (DISP)
- Conduct of Business Standards (COBS)
- Credit for Crypto Purchases
- Training and Competence
- Senior Managers and Certification Regime (SM&CR)
- Regulatory Reporting (SUP 16)
- Cryptoasset Safeguarding
- Retail Collateral Treatment in Cryptoasset Borrowing
- Location Policy Guidance
Who this is for?
- Firms planning to undertake regulated cryptoasset activities as set out in HM Treasury’s Statutory Instrument.
- Industry groups, law firms, and trade bodies representing cryptoasset firms
- Auditors and professional advisers in the cryptoasset sector
- Consumer interest groups
It may also interest:
- Policy makers and other regulatory bodies
- Academics and think tanks
- Industry experts and commentators
We would appreciate as many members attending as possible to ensure our response is comprehensive and representative of the views of our membership.
