Main page > About the company > News and mailing > Jurisdictions news > FATF has published a guide to the legal settlement of cryptocurrency

FATF has published a guide to the legal settlement of cryptocurrency


				28.06.2019
						

The FATF has published a Guide to the application of state control over virtual assets for 37 states, including the Russian Federation on its official website.

The manual gives recommendations on the feasibility of structuring activities in the field of virtual assets, as well as on the need to take measures to combat money laundering and terrorist financing.

FATF recommendations are not generally binding. Each country-member of an organization is entitled to take into account these recommendations and to introduce them into national legislation on a voluntary basis.

Nevertheless, in June 2020 the FATF will conduct an audit for compliance of local legislation with the new standards.

On materials of the following website: https://www.fatf-gafi.org/publications/fatfrecommendations/documents/guidance-rba-virtual-assets.html

Back to the list news

Quickly and confidentially.
A qualified expert will give you a free consultation by telephone, help to determine the position and make an appointment at any time that suits you.
Call just now by phone: +44 203 608 22 48
E-mail us: london@hbcomp.co.uk


News

02/14/2020 13:32:00

UK aims to launch freeports

The UK government has launched a consultation on creating up to 10 ...

Read more

02/12/2020 14:40:00

Ukraine approved the amendments regarding the BEPS plan

The Government of Ukraine announced the adoption by Parliament the ...

Read more

02/11/2020 13:19:00

UK verifies legality of real estate acquisition

On February 5, the High Court of London rejected the appeal of Zam ...

Read more