# The Reporting Cryptoasset Service Providers (Due Diligence and Reporting Requirements) Regulations 2025, Regulation 12: Penalties for failure to comply with record-keeping requirements

Extent: E+W+S+N.I.

If a UK reporting cryptoasset service provider fails to comply with regulation 4(2), the UK reporting cryptoasset service provider is liable to a penalty not exceeding £5,000 for each calendar year in respect of which one or more failures have occurred.

---
Source: https://www.legislation.gov.uk/uksi/2025/744/regulation/12 (the official version)
Page: https://openlegislation.uk/reporting-cryptoasset-service-providers-due-diligence-and-reporting-requirements-regulations-2025/regulation-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.