Virtual assets – FATF

Overview

The Financial Action Task Force develops standards to address money laundering and terrorist financing risks involving virtual assets and their service providers. Its guidance explains how financial integrity requirements apply to a rapidly changing digital financial environment.

Key themes include customer due diligence, record keeping, suspicious transaction reporting and international implementation of standards. The resources help readers understand the regulatory context for virtual assets and the safeguards intended to prevent misuse. Follow the link below for current standards, guidance and implementation updates.