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FCA to Collect Up to £250k Economic Crime Levy, including Crypto Firms

FCA to Collect Up to £250k Economic Crime Levy, including Crypto Firms

The UK's government is introducing an 'economic crime levy' (ECL) to fund its efforts in the fight against financial crime and boost anti-money laundering (AML) activities. Brokers of contracts for difference (CFDs), including foreign exchange (FX), as well as cryptocurrency exchanges and digital asset wallet providers, are among the list of companies that will be required to pay the... Read More

Posted: Mar 9 2023, 10:47
Author Name: financemagnates
Views: 102475

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