Financial Crime Financial Crime

Tackling UK crypto misconduct requires new rulebook, FCA's enforcement lead warns

By Annie Robertson
  • 22 Jun 2021 12:26
  • 22 Jun 2021 12:26
The UK can't tackle cryptoasset-related misconduct and financial-crime risks without a new regulatory framework, the Financial Conduct Authority's enforcement chief warned today.

“We are the anti-money laundering supervisor for UK-based crypto firms … [but] there’s not enough regulation to really sop up the significant risks that exist in the market,” Mark Steward told a conference*. 

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