Global Compliance & Reporting

Navigating the UK Regulatory Framework

The United Kingdom has established itself as a key jurisdiction for digital assets, but with this status comes a robust and evolving regulatory framework. Firms operating in this space, including exchanges and custodian wallet providers, are subject to stringent Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations, overseen by the Financial Conduct Authority (FCA).

Altura Accounting provides specialised compliance and reporting services to ensure your business not only meets but exceeds these regulatory standards. We help you build a resilient compliance framework that protects your operations, enhances your reputation, and prepares you for future regulatory developments.

Your Partner in Regulatory Excellence

Our services are designed for businesses that require institutional-grade compliance solutions. We provide the expertise and support necessary to operate with confidence in a regulated environment.

• Regulatory Registration: We guide cryptoasset businesses through the complex FCA registration process, ensuring all requirements under the Money Laundering Regulations are met.
• Policy and Framework Development: We assist in drafting and implementing comprehensive AML/CTF policies, risk assessments, and internal control systems tailored to your business model.
• Financial Reporting: Our chartered accountants prepare accurate financial statements that correctly account for digital asset holdings, transactions, and valuations in line with UK GAAP or IFRS.

Core Service Areas

We provide end-to-end support for your compliance and reporting obligations:

• FCA VASP Registration: Comprehensive assistance with applications for Virtual Asset Service Provider (VASP) registration in the UK.
• AML/KYC System Audits: Independent reviews of your Know Your Customer (KYC) and transaction monitoring systems to ensure they are fit for purpose.
• Regulatory Reporting: Preparation and submission of required reports to the relevant authorities, including HMRC and the FCA.
• Corporate Governance: Advisory on establishing strong governance structures appropriate for a regulated financial technology business.
• Stakeholder Assurance: Providing investors, banking partners, and auditors with the confidence that your financial operations are managed to the highest professional standards.

Build a Resilient Operation

Strengthen your regulatory standing and secure your business's future. Contact Altura Accounting to learn how our compliance and reporting services can provide you with the institutional assurance you need to succeed.

Discuss Your Compliance Needs