WebProposed Amendments to FIC Act (June 2024) On 23 June 2024, the FIC announced on its website that Mr. Mboweni proposed to amend Schedules 1, 2 and 3 in terms of sections 73, 75 and 76 of FICA. The proposals were gazetted on Friday, 19 June 2024 in Notice No. 684 in Government Gazette No. 43447 and public comments were closed on 18 August 2024. WebJun 22, 2024 · Guidance on Crypto Assets and Providers. The FATF also published its updated Guidance on Friday for a Risk-Based Approach to Virtual Assets and Virtual Asset …
What Do the Latest FATF Guidelines Mean For The Crypto Industry?
WebFeb 24, 2024 · FATF published its updated standards for crypto in 2024, but last June, it said only 11 of 98 surveyed jurisdictions were enforcing the travel rule and urged them to act … WebThe FATF Standards: The FATF Recommendations [amended June 2024] " While crypto-assets do not pose a threat to global financial stability at this point, we remain vigilant to … birth certificate thiruvallur district
FATF Agrees on Action Plan to Drive Implementation of Global …
WebDec 16, 2024 · In October 2024, the Financial Action Task Force (FATF) announced that it would be recommending member countries apply the Travel Rule — a longstanding compliance requirement for traditional financial institutions — to virtual assets (VAs) like cryptocurrencies and virtual asset service providers (VASPs) like exchanges. Web4 hours ago · New Delhi: Finance minister Nirmala Sitharaman has said there is a need for immediate attention to crypto assets from G20 nations, stressing that the response must … WebOct 28, 2024 · The FATF has released revised and finalized crypto guidance, clarifying which crypto entities fall under its recommended requirements. Today the global AML watchdog issued its revised and finalized guidance on virtual asset regulation, covering many of crypto’s most pressing topics, including decentralized financial applications, NFTs, … birth certificate texas locations