AML Issues for Virtual Assets in Asia Pacific – A Regulatory View

1-888-216-3544

                              

AML Issues for Virtual Assets in Asia Pacific

AML issues for virtual assets in APACThere are risks associated with virtual assets, in particular with regards to the anonymity of the sources and uses of virtual funds. Virtual asset transactions can be difficult to integrate into financial institutions’ existing KYC and AML processes. The fact that virtual assets are not bound by geographic limitations adds another complication, as it can be challenging to pinpoint the relevant jurisdiction or regulatory regime for such transactions.

Read our white paper for an overview of how virtual assets are posing new challenges for financial institutions in Asia Pacific.

Access Full White Paper Here

Download PDF

Contact Us

LexisNexis and the Knowledge Burst logo are registered trademarks of RELX Inc. Other products and services may be trademarks of their respective companies. Copyright © 2019 LexisNexis. All rights reserved.

Products You May Be Interested In