Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)

Directives

Directive for Implementation of the Travel Rule relating to Crypto Asset Transfers in accordance with the Financial Action Task Force Recommendations

9. Effective Date and Non-Compliance
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9.1 This Directive comes into operation on 30 April 2025.

 

9.2 A crypto asset service provider that fails to comply with a provision of this Directive is non-compliant and is subject to an administrative sanction in accordance with section 45C of the FIC Act.

 

 

Mr P Smit

Acting Director

Financial Intelligence Centre