You are viewing CRYPTO 9.4 Record keeping requirements as it appeared on 25/10/2027. The current version of CRYPTO 9.4 Record keeping requirements was last updated on 25/10/2027.

CRYPTO 9.4 Record keeping requirements

25/10/2027R

The provisions in this section apply to an authorised cryptoasset firm when providing a qualifying cryptoasset lending or borrowing service to any client who is not an overseas client.

25/10/2027R
  1. (1) A firm must maintain records of the following:
    1. (a) the amount of qualifying cryptoassets provided or received in a qualifying cryptoasset lending or borrowing service for each client and on which blockchain, per day;
    2. (b) whether the qualifying cryptoassets are safeguarded for the client and, if so, by whom;
    3. (c) the total amount of yield earned in relation to the qualifying cryptoasset lending service performed for each client, per day;
    4. (d) for each client to whom the firm provides any qualifying cryptoasset lending service:
      1. (i) a list of the types of qualifying cryptoassets provided in a qualifying cryptoasset lending arrangement by the client to the firm;
      2. (ii) the quantity of each qualifying cryptoasset provided in a qualifying cryptoasset lending arrangement by the client to the firm; and
      3. (iii) the relevant virtual address for each qualifying cryptoasset provided in a qualifying cryptoasset lending arrangement by the client to the firm;
    5. (e) total fees, charges, interest or commission charged to each client per day;
    6. (f) where applicable, the key terms of agreement provided to each client and each client’s express prior consent provided in relation thereto, including the date, time and amount of qualifying cryptoassets provided or received pursuant to the qualifying cryptoasset lending or borrowing service;
    7. (g) all notifications provided to the client pursuant to CRYPTO 9.2.4R;
    8. (h) all notifications provided to the client pursuant to CRYPTO 9.3.9R;
    9. (i) all requests from clients to terminate the qualifying cryptoasset lending or borrowing service or for the client’s qualifying cryptoassets to be returned, including the date, time and amount of qualifying cryptoassets requested to be returned; and
    10. (j) the total amount of qualifying cryptoassets provided or received in the qualifying cryptoasset lending or borrowing service lost per day due to operational disruptions.
  2. (2) Subject to (3), all records in (1) must be retained for a period of 5 years from the point at which the record is generated.
  3. (3) The records specified in (1)(f) to (h) must be retained for a period of at least 5 years from the point at which the record is generated or for the duration of the relationship with the client, whichever is longer.
Point In Time
25/10/2027