Do CDO’s know what cryptoassets your organisation are trading or exposed to – and how this translates to data management needs ?
The FCA is extending the end date of the Temporary Registrations Regime (TRR) for existing cryptoasset businesses from 9 July 2021 to 31 March 2022.
The FCA has stated “A significantly high number of businesses are not meeting the required standards under the Money Laundering Regulations.”
Your organisation needs a data strategy and capability to ensure cryptoasset related data is being effectively managed to robustly support anti-money laundering and counter terrorist regulatory requirements. There is also significant revenue uplift opportunity in the fast evolving cyptoasset market.
Quaylogic can help you establish and build the data capability to meet current and future needs to support regulatory requirements and revenue growth.
Contact us now on info@quaylogic.com or contact the author: Campbell Paterson (Quaylogic Data Management Expert) campbell.paterson@quaylogic.com
