News & insights

France to strengthen AML/CTF measures relating to crypto-assets

Written by Insight & Partnership Team | Oct 18, 2024 10:47:59 AM

 

Key updates include:

  • Enhanced AML/CTF measures for crypto-asset service providers, bringing them in line with EU regulations;
  • New requirements for crypto-asset transfers involving self-hosted wallets to mitigate ML/TF risks;
  • Updated procedures for vigilance and internal controls for service providers operating in France.

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