RUSI has identified crypto money laundering as a “significant risk” for the UK, with less than two years to go before the FATF assessment.
Assessors are scheduled to visit in June 2027, while the UK’s full crypto rules will not take effect until several months later. According to Decrypt, this means the UK needs to show it can enforce measures against crypto money laundering before the rules are implemented.
· There is a gap between the assessment and the rules taking effect, compressing the window to demonstrate enforcement capabilities to before implementation.
· These are facts about RUSI’s risk assessment and the timeline; they do not constitute a conclusion about the effectiveness of UK regulation.
Which matters more to you: the assessment date or the date the rules take effect?
Assessors are scheduled to visit in June 2027, while the UK’s full crypto rules will not take effect until several months later. According to Decrypt, this means the UK needs to show it can enforce measures against crypto money laundering before the rules are implemented.
· There is a gap between the assessment and the rules taking effect, compressing the window to demonstrate enforcement capabilities to before implementation.
· These are facts about RUSI’s risk assessment and the timeline; they do not constitute a conclusion about the effectiveness of UK regulation.
Which matters more to you: the assessment date or the date the rules take effect?
