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» Dear CEO
Phone: 07766001774 / Email: contact@crimelawyer.co.uk

“Dear CEO…”

Financial institutions have been warned by the Financial conduct Authority (“FCA“) in their Dear CEO” letter (11 June 2018) that they should enhance their inspection and scrutiny of clients trading Cryptocurrencies (any electronic medium of exchange) or they may be “facilitating financial crimes”. 

The key themes here are training, compliance and due diligence – the FCA observing that, “this class of product can also be abused because it offers potential anonymity and the ability to move money between countries…You should take reasonable and proportionate measures to lessen the risk of your firm facilitating financial crimes which are enabled by cryptoassets”. 

The FCA’s full letter can be found here. 

Please contact me on 07766001774 or email me (contact@crimelawyer.co.uk) to discuss any matters arising from this article.


Client Testimonials

Client Testimonials

1/4

Although I wish our circumstances for meeting were different, I would recommend Abbas to anyone in need of legal assistance. He showed himself to be a perfect gentleman in both his demeanor and punctuality. Coupled with terrifying intellect, he immediately earned my respect.

Mr MN, Data Scientist
2/4

…I regularly communicate with lawyers regarding a number of different issues on a day to day basis. In all my years I can honestly say that I have never met a Solicitor as switched on, in terms of knowledge and tactical awareness, as Abbas.

Mrs NA, Accountant
3/4

Detailed and acutely aware of pre-litigation tactics that have made a real difference to the outcome of cases…

Mr Tanveer Qureshi, Barrister
4/4

Abbas is tenacious, very client focused…he leaves no stone unturned in the pursuit of justice for his clients.

Mr Neil Bateman, Welfare Rights & Social Policy Expert

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Dear CEO

“Dear CEO…” Financial institutions have been warned by the Financial conduct Authority (“FCA“) in their Dear CEO” letter (11 June 2018) that they should enhance their inspection and scrutiny of clients trading Cryptocurrencies (any electronic medium of exchange) or they may be “facilitating…
Read More
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