Cryptoassets – UK costs AML/CFT supervision

Sushil Kuner (+44 (0)20 7759 6542, sushil.kuner@gowlingwlg.com) is a principal associate and Ian Mason (+44 (0)20 7759 6685, ian.mason@gowlingwlg.com) a partner and Head of the UK Financial Services Regulatory Team at Gowling WLG.

The UK Financial Conduct Authority,appointed to supervise cryptoasset businesses, is grappling with how to defray the associated costs. Sushil Kuner and Ian Mason of Gowling WLG run a slide rule over its proposals.