Course Code

  • 1902CDAC

Dates

  • Cryptocurrency and Digital Asset Compliance
    21 February, 2019
    9:30 am - 12:30 pm

Venue

  • City of London

Course Fees (excl. VAT)

  • Single Booking £395.00 (GBP)
  • Multiple Booking £355.50 (GBP)


CPD Credits

  • 3
Book Now Download PDF Get this course in-house

Or call 0203 178 4230 or email info@fstp.co.uk today.

Course Overview

The world of Cryptocurrency is evolving rapidly, with a small number of regulated financial services firms already seeking to benefit from this innovation, particularly in the area of payment services.  The take up in the commercial mainstream is only set to grow as knowledge of the subject increases, the technology becomes better understood and potential blind spots around AML and Compliance are identified and addressed.

This course provides an introduction to digital currencies, the risks currently associated with them and the steps that firms need to be taking in order to ensure that compliance requirements are fulfilled.

Digital currencies can be introduced as an alternative method of payment, or form of investment. As long as the technology and risks associated with block chain are understood, then a frame work can be established to manage and mitigate the risks, whilst allowing firms to benefit commercially from this innovation.

Learning Objectives

  • Building confidence among senior execs and CCOs when dealing with digital assets, (virtual currencies) and digital ledger technology (blockchain).

 

  • Considering how regulatory guidance should shape the in-house risk and compliance frame work, for effective risk management when dealing with digital assets.

 

  • Understanding digital assets as a means of exchange and payment, including facilitating regulated payments.

The Course Agenda

Current Regulatory Frame work

  • Understanding the terms ‘bitcoin’, ‘blockchain’, ‘smart contracts’ – to take you from “I’ve heard of blockchain but I’m not sure what it is” to “I can accept cryptocurrencies in my business and start serving clients in this sector”
  • Exploring FCA guidance on the subject
  • Gaining an appreciation of what other countries are doing in this space and the competition in general

Risk and Compliance issues associated with cryptocurrency

  • Considering how risks associated with crypto currencies can be managed and mitigated
  • Understanding how current mechanisms around compliance and AML can be adapted to the meet the demands of the evolving technology

The commercial benefits

  • Understanding the practical application of cryptocurrencies in the day to day running of firms
  • Considering the ethical and moral position in relation to the new technology and innovation
  • Exploring the possible impact of Brexit on London as a hub of fintech and innovation through making the most of the opportunities associated with digital assets
Book Now Download PDF Get this course in-house

Or call 0203 178 4230 or email info@fstp.co.uk today.

Meet The Tutor

Azy Shojaeian

Associate

Azy is a competent senior compliance leader with over 7 years experience of being in a control function for regulated financial institutions. She has held senior positions within 4 top tier one banks in the UK financial market. A former Head of Compliance with in depth subject matter expertise of regulatory frameworks from the FCA, HMRC & EBA (PSD2, 4MLD, GDPR & Mifid2). Azy has experience of establishing and supervising compliance functions with an oversight of operational framework. She has successfully completed ICA Professional Postgraduate Diploma in Governance, Risk and Compliance and progressed to University of Law for a post graduate law degree in GRC.

Who is this course for?

It’s perfect for anyone looking to use Cryptocurrency in their firm.

Training that makes a difference

Experienced engaging trainers

With first hand industry knowledge and an intimate understanding of the regulatory environment, we always guide you with an expert (and friendly) hand.

Experienced engaging trainers

With first hand industry knowledge and an intimate understanding of the regulatory environment, we always guide you with an expert (and friendly) hand.

Get personalised attention

Sessions are practical workshops not PowerPoint lectures. All courses are limited to no more than 14 attendees, so we’re able to explain concepts in the context of your business.

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Compliance Monitoring

Available in-house. Please contact for more information.

City of London

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