Home Knowledge Virtual Asset Service Providers Become Subject to Registration Requirements and AML/CTF Obligations

Virtual Asset Service Providers Become Subject to Registration Requirements and AML/CTF Obligations

 

Virtual asset service providers (VASPs) are now subject to anti-money laundering and counter terrorist financing (AML/CTF) requirements introduced by the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (the Act).

This briefing provides an overview of AML/CTF obligations introduced by the Act such as:

  • registration with Central Bank of Ireland as a VASP,
  • compliance with AML/CTF obligations,
  • fitness and probity obligations and
  • your next steps as a VASP.

Click the image below to download our briefing.