Your affiliate network in the financial verticals
Dear Affiliates,
As you must have heard, the Financial Conduct Authority ("FCA") has issued policy statement entitled
PS 20/10 ("PS").
The PS prohibits the sale, promotion and distribution of crypto derivatives (including CFDs) and
crypto ETNs, and basically of every
financial instruments referencing crypto assets or having
crypto
assets as their underlying asset. The aforementioned policy came
into force on the 6th of
January
2021 and is therefore enforceable by the FCA. According to the PS, you will not be allowed to
promote CFDs or any other financial products based on Cryptocurrencies in the UK or to UK residents.
Therefore, we hereby prohibit the dissemination of any marketing materials relating to the
distribution of CFDs and other financial
products based on Cryptocurrencies and which are
addressed
to UK residents. If not done already, you are required to take any and
all appropriate actions
to
comply with the PS immediately. If you need any assistance or clarifications, please contact your
account
manager.
Please treat this notice with utmost importance and urgency.
Thank you.