Cayman tells crypto services to comply with AML rules

Pedro Gonçalves
clock
Cayman tells crypto services to comply with AML rules

The Cayman Islands has warned crypto services that they most follow strict anti-money laundering rules as the jurisdiction gets ready to implement the global AML standards for crypto assets set out by the Financial Action Task Force.  The Ministry of Financial Services has issued a statement highlighting that the government is currently preparing a legislative framework to enable compliance of virtual asset service providers with these international measures. "Persons engaged in virtual...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login