February 10, 2023

By: Mike Castiglione, Director of Regulatory Affairs, Digital Assets, Eventus   Only 15 percent of cryptoasset applicants have gained approval under the UK Financial Conduct Authority (FCA) anti-money laundering (AML) and countering-terrorist finance regime, according to a recent FCA notice. To assist applicants, the FCA offers guidelines about what constitutes good and bad applications to …

UK’s Financial Regulator Gives AML Application Guidance Read More »

By: Mike Castiglione, Director of Regulatory Affairs, Digital Assets, Eventus   The UK Treasury (HMT) published a consultation paper on February 1, 2023 to outline its thinking about expanding crypto regulations, such as applying elements of the Market Abuse Regulation (MAR) that covers other asset classes and to give crypto trading venues monitoring responsibilities. The …

UK Cryptoasset Policy Paper Emphasizes Market Abuse Rules Read More »

By: Christopher Waitz, Director of Regulatory Affairs, Eventus   Last year, U.S. futures exchanges continued to pursue enforcement action, with fines up to $500,000, for each violation of exchange Operator ID rules. The Operator ID, commonly known as “Tag 50” due to the data field used by CME group exchanges, is used to uniquely identify …

Tag 50: US Future Exchanges’ Operator ID Rules Read More »