# The Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2025, Paragraph 2


(1) In this paragraph “statement” has the same meaning as in paragraph 1.
(2) A person (“D”) does not incur a liability under regulation 14 (compensation for statements in a qualifying cryptoasset disclosure document or supplementary disclosure document) for loss caused by a statement if D satisfies the court—
(a) that before the qualifying cryptoasset in question was bought or subscribed for, a correction had been published in a manner calculated to bring it to the attention of a person likely to buy or subscribe for it, or
(b) that D took all such steps as it was reasonable for D to take to secure such publication and reasonably believed that it had taken place before the qualifying cryptoasset in question was bought or subscribed for.
(3) Nothing in this paragraph is to be taken as affecting paragraph 1.

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Source: https://www.legislation.gov.uk/ukdsi/2025/9780348277586/schedule/2/paragraph/2 (the official version)
Page: https://openlegislation.uk/draft-financial-services-and-markets-act-2000-cryptoassets-regulations-2025/schedule-2/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.