Guidance

Joint Statement from UK Financial Regulatory Authorities: Sanctions and Cryptoassets

A joint statement from OFSI, the FCA and the Bank of England on sanctions and the cryptoasset sector, with information on the requirements on firms.

• From: Office of Financial Sanctions Implementation
• Published: 11 March 2022

Documents

Joint Statement from UK Financial Regulatory Authorities: Sanctions and Cryptoassets

PDF, 140 KB, 3 pages

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Details

This statement contains a summary of the legal and regulatory requirements on firms, steps that firms can take to reduce the risk of sanctions evasion via cryptoassets, and what to do if a firm suspects that it is dealing with the cryptoassets of a designated person.

Published 11 March 2022