The U.K.’s Money Laundering Regulations 2019 require (among other things) that cryptocurrencies and their exchanges be treated as “obliged entities” for the purposes of customer due diligence (CDD). Further, records on beneficial ownership for corporate clients also need to be updated.
The International Compliance Association (ICA) is a professional membership and awarding body. ICA is the leading global provider of professional, certificated qualifications in anti-money laundering; governance, risk, and compliance; and financial crime prevention. ICA members are recognized globally for their commitment to best compliance practice and an enhanced professional reputation. To find out more, visit the ICA Website.
