Cryptoasset promotions: Consultation outcome


INSIGHT
Published
Jan 18th '22
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This consultation has concluded. Download the full outcome – Cryptoasset promotions: Consultation response (PDF)

 

Detail of outcome

The government has confirmed its intention to legislate to bring certain cryptoassets into the scope of financial promotion regulations. This document summarises feedback to the consultation, and sets out further detail on how the government intends to regulate relevant cryptoasset promotions.

 

Original consultation

 

Summary

Regulating the promotion of certain types of cryptoassets: government consultation on a policy proposal.

 

This consultation ran from 1pm on 20 July 2020 to 12:15am on 26 October 2020

 

Consultation description: The government is consulting on a proposal to bring certain cryptoassets into the scope of financial promotions regulations.

 

Documents

 

Originally published: 20 July 2020. Last updated: 18 January 2022.

 

Source: HM Treasury

 

Need some promotional advice? If you want to understand more about how to make sure your marketing materials meet FCA standards, please click here.

 

About us

The Compliance workload shows no signs of decreasing. An ever-growing list of requirements and regulatory changes makes the compliance role harder than ever.

 

When you face business or regulatory challenges, we provide solutions that are tailor-made to your needs with a view to releasing your energies to focus on your clients.

 

LS Consultancy has wealth of experience in reviewing adverts and financial promotions and can do so on a one-off or on an on-going basis.

 

We are also skilled in reviewing and assessing your financial promotion procedures and can assist you to establish the necessary framework to help future compliance with regulatory requirements.

 

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As always, our team of professional consultants are on hand to assist you in reviewing and developing your compliance framework. If you have any questions, please get in contact by phoning 020 8087 2377 or email info@lscprom.co.uk.

 

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