Decrypting AML Compliance for Cryptocurrencies and VASPs

Decrypting AML Compliance for Cryptocurrencies and VASPs

by March 25, 2022

Decrypting AML Compliance for Cryptocurrencies and VASPs

According to the IMF, the total market value of crypto assets surpassed $2 trillion in September 2021 – a 10-fold increase since early 2020. As the Virtual Asset Service Providers (VASPs) market matures and expands to all corners of the globe, new opportunities and risks emerge for investors, businesses and entrepreneurs.
In order to manage the new risks, mitigate potential implications on the wider economy, and maintain accessible resilient and safe crypto markets, the regulatory landscape for cryptocurrencies is constantly evolving. In particular, there is an increased focus on financial crime regulation to ensure that cryptocurrencies and markets are not used for illicit purposes, including money laundering and terrorist financing. But with different regulatory approaches in different jurisdictions, and the cross-border nature of cryptocurrencies, it can be challenging to understand your obligations and set up the right compliance program.
In this webinar, we will explore the regulatory landscape and share best practice AML compliance tips from our experience working with cryptocurrency exchanges.
Join the session to discover: 
  • The latest emerging cryptocurrency regulations and implications for financial crime compliance
  • Challenges around customer onboarding and due diligence
  • Best practices for implementing efficient, automated and scalable screening solutions

Register here: https://refini.tv/3wBTdUg

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