international regulatory enforcement
New EU Anti-Money Laundering Laws Applicable to Cryptocurrency
By Nina Moffatt & Arun Srivastava
Anti-money laundering and counter terrorist financing requirements to apply to cryptoasset businesses from 10 January 2020. Crypto-businesses will need to overcome obstacles to customer journeys and satisfy fit and proper threshold.
New AML & CTF laws to crypto-businesses.
New registration and fitness and propriety requirements.
Customer due diligence and monitoring requirements.