On 6 July, TRM Labs published an article about, and analysing, the Second 12-Month Review of the Revised FATF Standards on Virtual Assets/VASP.  It concludes that while FATF does not necessarily cover new ground in is latest report, it makes one thing abundantly clear: it’s time to implement – and that VASP and their regulators around the globe “need to implement the revised FATF Standards, including travel rule requirements, as quickly as possible”, and public private partnerships should be formed in order to facilitate implementation.



Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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