thewealthnet

Jersey regulator details travel guidance for virtual asset transfers

News Team, 27/02/2024

The Jersey Financial Services Commission (JFSC) has published guidance on how virtual asset service providers (VASPs) in the jurisdiction are expected to implement the Financial Action Task Force's travel rule.

This rule requires transfers of virtual assets - digital representations of value that can be digitally traded or transferred can be used for payment or investment purposes - to be accompanied by accurate originator and beneficiary information.

The JFSC expe...


Continue reading this article...


Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@thewealthnet.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM