The FCA is consulting on whether a company that wants to be allowed to approve promotions should be checked for having “adequate systems, controls and processes in place” and whether it is able to maintain the records of the financial promotions it wants to oversee. Among other things, it would have to assess the viability of the financial product being promoted.
Source: https://www.coindesk.com/policy/2022/12/06/uk-financial-regulator-seeks-comments-on-ad-approval-process-that-covers-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
UK Financial Regulator Seeks Comments on Ad Approval Process That Covers Crypto
The FCA is consulting on whether a company that wants to be allowed to approve promotions should be checked for having “adequate systems, controls and processes in place” and whether it is able to maintain the records of the financial promotions it wants to oversee. Among other things, it would have to assess the viability of the financial product being promoted.
Source: https://www.coindesk.com/policy/2022/12/06/uk-financial-regulator-seeks-comments-on-ad-approval-process-that-covers-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines