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FCA Given Official Oversight Of Financial Cryptoassets, Law360

Friday, January 10, 2020

Morgan Lewis partner Chris Warren-Smith was interviewed by Law360 for an article about the European Union’s Fifth Anti-Money Laundering Directive and the implications for UK businesses that handle cryptoassets.

Chris noted that for large organizations the provisions are not new, stating, “The big crypto-exchanges and the big financial institutions are already all over this. It's the medium- to small-sized organizations who aren't necessarily across this yet for which it will likely be the biggest change.”

Read the full Law360 article >>