The EBA consults on new Guidelines on preventing the abuse of funds and certain crypto-assets transfers for money laundering and terrorist financing purpose On November 24th, 2023 the European Banking Authority (EBA) initiated a public consultation on its latest Guidelines aimed at preventing the misuse of funds and certain types of crypto-asset transfers in money laundering and terrorist financing. These guidelines, often referred to as the ‚travel rule‘, outline the responsibilities of Payment Service Providers (PSPs), Intermediary PSPs (IPSPs), crypto-asset service providers (CASPs), and Intermediary CASPs (ICASPs) in identifying and addressing missing or incomplete information in fund and crypto-asset transfers. They provide a detailed framework … EBA-Consultation: Travel Rule Guidelines weiterlesenRead More →