You are viewing CRYPTO 9.1 Application as it appeared on 25/10/2027. The current version of CRYPTO 9.1 Application was last updated on 25/10/2027.

CRYPTO 9.1 Application

Who? What?

25/10/2027R
  1. (1) Except as provided for in (2), this chapter applies to an authorised cryptoasset firm when providing a qualifying cryptoasset lending or borrowing service to a retail client who is not an overseas retail client.
  2. (2) The requirements in CRYPTO 9.4.2R and CRYPTO 9.9 apply to an authorised cryptoasset firm when providing a qualifying cryptoasset lending or borrowing service to a client who is not an overseas client.
25/10/2027G

In this chapter, references to a ‘firm’ include circumstances where the firm complies with a requirement through arrangements with a third party, such as a qualifying cryptoasset custodian or other service provider. In such cases, the firm remains responsible for compliance with this chapter and must ensure that its arrangements enable it to meet the relevant requirements.

Point In Time
25/10/2027