Everything you need to know about the new virtual assets legislation
This presentation was given by VFSC officers to a group of financial services industry representatives.
Topics covered include the purpose of the Act; different types of VASP licenses; license application and renewal fees; application requirements and process; special clauses for Initial Token Offering and Fintech Sandbox Utility; Manager, Director and CTO profile requirements; AML & KYC risk management; custodian requirements; external audits; record keeping; and security breach protocols.
Happy reading! For more details or to apply for a license, contact an FDL agent.
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