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FCA issues guidance on COREPRU risk assessments

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FCA prudential requirements include an obligation for firms to perform an overall risk assessment.

The FCA has issued two guidance documents for firms that are subject to its Core Prudential sourcebook (COREPRU), including firms that are providing crypto-asset services.

FG26/9 covers the overall risk assessment that needs to be completed by firms. The FCA envisions a comprehensive evaluation that begins with an understanding of

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