WebJul 30, 2024 · On 20 July 2024, HM Treasury (HMT) published a consultation paper proposing to bring the promotion of certain types of cryptoasset within scope of the financial promotions restriction. The proposed changes, together with those proposed in HMT’s parallel consultation on the financial promotions approval regime (see our … WebApr 14, 2024 · The government has undertaken consultations to regulate the financial services aspects of cryptoassets to promote responsible innovation, and to enable consumers to make informed decisions by ensuring that cryptoasset promotions are subject to Financial Conduct Authority (FCA) rules in the same way as promotions of …
PS22/10: Strengthening our financial promotion rules for high
WebDec 21, 2024 · Cryptoasset promotions are currently outside our remit. We will publish our final rules for cryptoasset promotions once the relevant legislation to bring … WebIn regulating cryptoasset financial promotions the FCA will have regard to the Regulatory principles under FSMA, including the principle that a burden or … organifi meal replacement shake
HM Treasury Launches Consultation on the Financial Promotion …
WebJan 20, 2024 · Authorised firms approving financial promotions for unauthorised cryptoasset firms will be required to be assessed and approved by the FCA as suitable to approve financial promotions for them. Option 2: Approval of financial promotions communicated by unauthorised cryptoasset businesses as a ‘regulated activity’ under … WebIn January 2024, HM Treasury (HMT) confirmed its intention to legislate to bring certain cryptoassets within scope of the Financial Promotions Order. Shortly afterwards, the FCA published CP22/2 laying out strengthened rules for financial promotions of high-risk investments including cryptoassets. WebFeb 15, 2024 · The UK Financial Conduct Authority (FCA) has warned cryptoasset firms marketing to UK consumers (including from overseas) to start preparing now to comply … how to use intex data card