Further to the launch of the regulatory framework for the Virtual Asset (Service Providers) Law, 2020 on 31 October 2020, the Authority requires that entities engaged in or wishing to engage in virtual asset services must complete form AML/CFT Inherent Risks – Virtual Asset Service Provider – AIR 157-84. This obligation also applies to entities engaged in or wishing to engage in virtual asset services currently licensed or registered with the Authority for any other activity.
The form AML/CFT Inherent Risks – Virtual Asset Service Provider – AIR 157-84 is available on the Regulatory Enhanced Electronic Forms Submission (REEFS) platform, to be completed and filed on or before 31 January 2021. Please note that no extensions to the submission due date will be considered. This new form has been packaged with the registration form APP-101-84 and will become available via a link upon successful submission of the registration form. The package is available on the New Request page of REEFS with the name “VASP Registration Process - APP-101-84”. The Guidance Notes for the completion of the VASP AML/CFT reporting forms are available here. For further information, contact firstname.lastname@example.org or see supervisory circular.