Ireland To Streamline Licensing Process For Crypto Businesses [Forbes]
FTI Consulting, Inc. (FCN)
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Source: Forbes
Ireland's Central Bank is enhancing its authorization process for crypto companies as the European Union prepares to implement the Markets in Crypto-Assets Regulation. Deputy Governor Derville Rowland announced this development during a speech at AFME's 8th Annual European Compliance and Legal Conference on September 23, 2024. The authorization process, which crypto businesses must complete to operate legally in Ireland, involves regulatory approval of a company's financial stability, risk management systems, and compliance with anti-money laundering regulations. Rowland stated, "We have been working to continually improve our authorisation process," adding, "Better risk assessment, better communication and better supervisory outcomes have been the output of that work." This move comes as part of Ireland's preparation for MiCAR, a EU-wide regulatory framework for crypto-assets. MiCAR aims to establish consistent rules across EU member states for crypto-asset issuers and service p
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FCN
Earnings
- 7/25/24 - Beat
FCN
Sec Filings
- 9/26/24 - Form 8-K
- 8/26/24 - Form 4
- 8/21/24 - Form 4
- FCN's page on the SEC website