Regulation · Instrument · United Kingdom · Policy statement (final rules) · Financial Conduct Authority
FCA PS26/11: Regulated cryptoasset activities
Final conduct rules for trading platforms, intermediaries, lending and borrowing, staking and custody, including the new CASS 17 chapter for client cryptoassets.
Final, not yet in force · effective 25 Oct 2027 · part of UK cryptoasset regulatory regime (FSMA cryptoasset activities)
Key points
- CASS 17 applies to client cryptoassets with protections for ownership rights, records, reconciliation and technology-neutral private key management; the settlement float limit was raised to 2%.[1]
- CASS 17 does not yet apply to custody of relevant specified investment cryptoassets (tokenised securities), which stays under CASS 6.[1]
- Responds to CP25/14, CP25/40 and CP26/4; the rules apply to firms authorised under FSMA on or after 25 October 2027.[1]
Timeline
- 30 Jun 2026 · FinalPS26/11 published.[1]
- 25 Oct 2027 · In force · upcomingRules apply at full commencement of the regime.[1]
Deployments operating under it
None recorded with a source yet.
Sources
- [1]Cryptoasset regime: final rules and guidance (policy statements PS26/9 to PS26/13) — Financial Conduct Authority, 30 Jun 2026. Accessed 12 Oct 2026.A