Topic
Virtual Assets
140 published works
Global Regulation Tomorrow
SFC publishes pro-forma terms and conditions for licensed corporations which manage portfolios that invest in virtual assets
By Etelka Bogardi (HK), Amy Chung
On 4 October 2019, the Securities and Futures Commission (SFC) published the pro forma terms and conditions (the Terms and Conditions) applicable to licensed corporations managing a fund (or portion…
The CLS Blue Sky Blog
Davis Polk Discusses Financial Action Task Force’s Virtual-Asset Guidance
The Financial Action Task Force (FATF), the inter-governmental body that sets international standards for anti-money laundering (AML) and countering the financing of terrorism (CFT), released a highly anticipated interpretive note…
Global Regulation Tomorrow
FATF Guidance for a risk-based approach to virtual assets and virtual asset service providers
On 21 June 2019 the Financial Action Task Force (FATF) adopted its 2019 Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers (the Guidance). The Guidance…
Corporate & Financial Weekly Digest
FATF Publishes Updated Standards Include Interpretative Note on Virtual Assets
By Neil Robson, Nathaniel Lalone, Carolyn H. Jackson
On July 3, the Financial Action Task Force (FATF) published an updated version (dated June 2019) of its anti-money laundering (AML) and counter-terrorist financing (CTF) standards. This version includes a…
Global Regulation Tomorrow
FATF Recommendations updated – interpretative note on virtual assets
By Simon Lovegrove (UK), John Coley (UK), Lisa Lee Lewis (UK)
On 21 June 2019, the Financial Action Task Force (FATF) updated its Recommendations by adding an interpretative note to Recommendation 15 which sets out in detail the application of the…
Global Regulation Tomorrow
FATF Report to G20 leaders’ summit
On 27 June 2019, the Financial Action Task Force (FATF) published its report to the G20 leaders’ summit. The report provides an overview of the FATF’s recent and future work.…
FinTech Update
Financial Action Task Force Publishes Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers
By Herbert F. Kozlov, Le-el D. Sinai
On June 21, 2019 the Financial Action Task Force (the “FATF”), published its long-awaited Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers (the “Guidance”). The…
Global Regulation Tomorrow
FATF Report to the G20 Finance Ministers
On 8 April 2019, the Financial Action Task Force (FATF) published its April report to the G20 Finance Ministers and Central Bank Governors. The report sets out the FATF’s ongoing…
International Financial Law Prof Blog
Outcomes FATF Plenary, February 2019
The main issues dealt with by this Plenary were: 1. Operations and Streamlining the FATF Strengthening the Governance and Accountability of the FATF Appointing the incoming FATF Vice-President for 2019-2021…
Blockchain Legal Resource
New York Attorney General Reports on Crypto Exchanges
A new report from the New York Attorney General summarizes the findings of its recent Virtual Markets Integrity Initiative. The NYAG concluded that crypto trading platforms vary significantly in their…