• Self-Custody Arrangement

    • CRA-8.2.8

      For the purposes of Paragraph CRA-8.2.2(c), the CBB considers scenarios where clients are required to self-custodise their crypto-assets as being a material risk given that the burden of protecting and safeguarding crypto-assets falls wholly upon clients, and that the crypto-assets face the constant risk of being stolen by malicious actors. As such, licensees requiring clients to self-custodise crypto-assets are required to disclose this fact fully and clearly upfront to clients and meet the disclosure standards as specified in Paragraph CRA-4.5.8.

      Amended: April 2023
      Added: April 2019

    • CRA-8.2.9

      [This Paragraph was deleted in April 2023].

      Deleted: April 2023
      Added: April 2019