Regulatory Alerts2025-04-08
CSSF Circular 25/879: Adoption of EBA Travel Rule Guidelines on Fund and Crypto-Asset Transfers
The CSSF issued Circular 25/879 to formally adopt the EBA Guidelines on information requirements for fund and crypto-asset transfers under Regulation (EU) 2023/1113. This circular supersedes previous regulatory frameworks, specifically repealing Circulars 18/680 and 17/660, to align with the updated Travel Rule standards. It mandates that payment service providers implement specific measures to detect missing or incomplete payer and payee information during transfers.
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