Search results with tag "Virtual currencies"
REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL …
main.sci.gov.in2.6. Thereafter, a report titled “Virtual Currencies – Key Definitions and Potential AML/CFT Risks” was issued in June 2014 by FATF, highlighting, both legitimate uses and potential risks associated with virtual currencies. What is of great significance about this FATF report is that it defined 2 important words.
Advice - Europa
www.esma.europa.euExamples of crypto-assets range from so-called cryptocurrencies or virtual currencies, like Bitcoin, to so-called digital tokens issued through Initial Coin Offerings (ICOs). Some crypto-assets have attached profit or governance rights while others provide some consumption value. Still others are meant to be used as a means of exchange.
HONG KONG
www.fstb.gov.hkLike elsewhere in the world, Hong Kong is not immune from the threats of money laundering (“ML”) and terrorist financing (“TF”). ... Virtual currencies (“VCs”) are virtual commodities not accepted for payment in Hong Kong and have only drawn speculative investment. While we have not found substantial risks in these newly developing ...
CIRCULAR TO BANKING INSTITUTIONS NO. 2/2018: VIRTUAL ...
www.rbz.co.zw1 CIRCULAR TO BANKING INSTITUTIONS NO. 2/2018: VIRTUAL CURRENCIES 1. Further to the Circular dated 16 November 2015 and Press Statement issued by the
COMPARISON BETWEEN THE PROPOSED …
www.acams.org6 Changes Article 47(1) – Registration of E-Wallet Providers, E-Currency Exchanges Addition proposed in July 2016 Member States shall ensure that providers of exchanging services between virtual currencies and fiat currencies, custodian
Taxin Virtual Currencies - OECD
www.oecd.orgcalled for by the G20 since 2018: At the Leaders’ level, the first reference to the need to address the policy challenges posed by crypto-assets was made at the December 2018 Buenos Aires G20 summit: “We will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF
FATF REPORT Virtual Currencies - fatf-gafi.org
www.fatf-gafi.orgFINANCIAL ACTION TAS K FORCE. The Financial Action Task Force (FATF) is an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing
Virtual currencies eSports and social gaming …
www.gamblingcommission.gov.ukVirtual currencies, eSports and social gaming . 2 . 2 What is gambling? 2.1 The fundamental concept in the Gambling Act 2005 (the Act) is the concept of providing
VIRTUAL CURRENCIES - FATF-GAFI.ORG
www.fatf-gafi.orgto convertible virtual currency exchangers. This Guidance is also intended to help national authorities understand and potentially develop regulatory responses including the need to amend their national laws in order to address the ML/TF risk of VCPPS. This Guidance is also intended to help the private sector better understand the relevant AML/CFT