Chinese Taipei: Opened consultation on Virtual Asset Service Providers and compliance obligations concerning anti-Money laundering measures including business registration requirements
Description
Opened consultation on Virtual Asset Service Providers and compliance obligations concerning anti-Money laundering measures including business registration requirements
On 4 October 2024, the Financial Supervisory Commission (FSC) opened its consultation on draft measures aimed at enhancing anti-money laundering (AML) practices for companies or persons providing virtual asset services (VASPs) until 4 November 2024.…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body