Regulatory Alerts2024-04-22 | 3683Digital Asset Service Providers AML/CFT/CPF Risk Management Guide
The National Commission of Digital Assets (CNAD) issues this guide to establish risk management requirements for Digital Asset Service Providers (DASPs) regarding money laundering, terrorist financing, and proliferation financing. The document mandates adherence to international FATF standards, including a US$1,000 customer due diligence threshold and strict implementation of the Travel Rule for virtual asset transfers. It further classifies specific DASP activities into inherent risk levels and outlines supervisory expectations for internal controls, beneficial ownership verification, and suspicious activity reporting.
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