UK’s Financial Conduct Authority (FCA) Seeks to Fill Multiple Crypto Positions

UK’s financial regulatory body, Financial Conduct Authority (FCA), conduct regulator of over 58,000 financial services firms, has recently listed a crypto-related position. In particular, they are looking to hire a crypto intelligence associate for the intelligence services team reports The Block.

Upon visiting the job description listed on the official FCA website, the crypto intelligence associate will be involved in a number of,

“liaison and stakeholder management with internal and external patterns on topics of crypto assets, financial and economic crime-linked themes.”

Some of the tasks involved with said position include the delivery of intelligence support to,

“Authorisations, Supervision and Enforcement for processing of applications,”

as well as doing the necessary research, preparation and breakdown of intelligence material. Others include taking part in the decision-making processes, building relationships within the FCA and external stakeholders, training staff and attending events that share knowledge and opportunities.

When it comes to cryptocurrencies, this respective position will focus on providing a “guidance on crypto assets,” while ensuring that the average investor/trader/consumer is aware of the regulatory framework and what it implies.

As for a goal set in place by FCA, The Block reported that it includes increased emphasis on anti-money laundering regimes, with a law that could potentially come into effect on January 2020.

When it comes to investing, the FCA has advised that crypto derivatives and exchange-traded notes are “ill-suited” for consumers lacking knowledge on said matters. This is a fair statement given the nature of the assets (i.e. possibly a risk).

For more on the skills and experience required of the crypto intelligence associate, click here.

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Nirmala Velupillai
Nirmala Velupillai
Nirmala is a blogger who has been fascinated by the world of technology and its contributions to societal development. While a novice, her eager to learn about the crypto world has led her to write a number of pieces on its positive and negative aspects. On her spare time, she indulges in understanding and building statistical models and enhancing her painting skills.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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