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Version status: In force | Document consolidation status: No known changes
Version date: 10 January 2020 - onwards
  Version 2 of 2    

Regulation 8 Amendment of Part 8: information and investigation

(1) In the heading to Part 8, for "Information and Investigation" substitute "Information, Investigation and Directions".

(2) In regulation 72 (provision of information and warrants: safeguards), in each of paragraphs (1), (2) and (3), for "or 70" substitute ", 70, 74A or 74B";

(3) In regulation 73(1) (admissibility of statements), for "or 70(7)(e)" substitute ", 70(7)(e) or 74B(6)".

(4) After regulation 74 (powers of relevant officers) insert -

"74A. Reporting requirements: cryptoasset businesses

(1) Each cryptoasset exchange provider and custodian wallet provider ("cryptoasset business") must provide to the FCA such information as the FCA may direct -

(a) about compliance by the cryptoasset business with requirements imposed in or under Parts 2 to 6 of these Regulations;

(b) which is required by the FCA for the purpose of calculating charges under regulation 102 (costs of supervision); or

(c) which is otherwise reasonably required by the FCA in connection with the exercise by the FCA

Comparing proposed amendment...