Digital Assets Practice

Such rapid growth, however, brings challenges.

Crypto regulation is constantly evolving but must preserve the capacity to innovate, protect consumers, financial stability and deter financial crime.

Understanding regulatory expectations and best practices is key in designing and implementing an effective crypto risk management framework.

Plenitude’s Digital Assets Practice can help you navigate this ever-evolving landscape. We’ve assembled a team that brings deep knowledge of cryptoassets, which is essential to understanding crypto business models and the associated risks. We can also help traditional finance firms develop their knowledge of this industry, make informed decisions about their crypto strategy and thus seize the emerging opportunities of the emerging digital economy.

Our services for cryptoassets service providers
- Advice on regulatory obligations applicable to crypto firms, and training with regard to regulatory expectations and effective risk management
- Identification of when and how your
  business needs to be registered / licensed, and help with your application
- Programme / project management and transformation support
- Help with the preparation of regulatory reviews and support with response plans
- Due diligence on crypto issuers and cryptoasset service providers
- KYC / CDD remediation through our KYC Managed Services offering
Our services for financial institutions
- Crypto training and awareness activities to all staff and/or top decision-makers
- Assessment of financial crime risks associated with the crypto business models, use cases and propositions
- Programme / project management and transformation support
- Help with the preparation of regulatory reviews and support with response plans
- Due diligence on crypto issuers and cryptoasset service providers
- KYC / CDD remediation through our KYC Managed Services offering
Our services for both
- Guidance on crypto risk management solutions and help with selection and implementation
- Development and implementation of policies, procedures, systems and controls tailored to crypto-related activities
- Programme / project management support and implementation
- Preparation for regulatory or S166 reviews and support with the development of response or remediation plans

Benefits and Outcomes Delivered

We understand that all firms’ business activity, customer base and risk appetite will differ. We therefore work closely with our clients to develop a deep understanding of their business and FCC framework in order to develop an effective, proportionate and risk-based approach to financial crime risk management.

Plenitude’s services and capabilities are grounded in our multi-jurisdictional expertise, our proprietary suite of tools and RegTech products, and our deep understanding of sector-specific regulatory obligations and needs. This enables us to deliver the following benefits and outcomes to our clients:

Market-leading advisory, transformation and technical expertise with tech-enabled delivery

Our full-service offering enables us to meet all of our clients’ needs. Our tech enabled delivery approach leverages our extensive suite of proprietary tools and RegTech products which enables us to accelerate delivery and reduce overall engagement costs.
Regulatory compliance and assurance

We enable clients to fully understand and meet their regulatory obligations, along with the ability to present robust documentation to demonstrate their conformance with regulatory requirements.
Enhanced efficiency, effectiveness and cost reduction

Our tech advisory, data analytics services and RegTech products enhance efficiency, optimise detection accuracy, streamline workflows and reduce false positives, leading to improved effectiveness and significant cost savings.
Access to cutting edge technology and future-proofed compliance

We enable our clients to stay ahead of evolving regulations and criminal tactics by optimising current systems and controls, deploying the latest AI-powered technology and data analytics services.
Compliance transformation

We partner with clients to transform their entire compliance function, fostering a culture of data-driven decision-making and continuous improvement.