Financial Crime, Digital Assets, and the Tokenised Future
The FCA’s CP25/28 marks a major step toward integrating distributed ledger technology into authorised funds, signalling both innovation and a new compliance frontier. Tokenisation promises efficiency and transparency but expands financial crime risk, demanding upgraded controls for digital wallet KYC, on-chain monitoring, and data integrity. Done right, it can transform compliance from reactive to real-time, redefining the infrastructure of trust in asset management.