Compliance
Travel Rule Compliance
FATF Recommendation 16 compliance for crypto transfers
Travel Rule Compliance
Compliance with FATF Recommendation 16 for transfers > on local threshold.
- VASP-to-VASP: Swipelux identifies the counterparty VASP and transmits Originator/Beneficiary data via protocol (TRISA/Notabene)
- Unhosted Wallets:
- (a) Swipelux collects required Originator/Beneficiary information
- (b) No data is transmitted since no receiving VASP exists
- (c) Transfers may be blocked if blockchain analytics indicate high-risk exposure