What FATF Recommendation 16 - Wire Transfers and Virtual Assets Travel Rule: Originator/Beneficiary Information Requirements and VASP-to-VASP Data Transmission requires
FATF Recommendation 16 requires virtual asset service providers (VASPs) to obtain, hold, and transmit accurate originator and beneficiary information for virtual asset transfers above USD/EUR 1,000, mirroring the wire transfer rules for banks. This applies to all VASPs, including cryptocurrency exchanges and custodial wallet providers, when facilitating transfers between customers and other VASPs or financial institutions.
Pillar: Financial Crime, AML & Sanctions · Authority: Financial Action Task Force (FATF) · Version: 1.0.0 · Last updated:
Primary source: https://www.fatf-gafi.org/en/topics/virtual-assets.html
SHA-256 integrity: f37acf36d1ed3d0f6067384b4770a94bc1f4c3c13a897645f62f32b9fd28823a
Primary Citations — 5 traced to source
- FATF Recommendations, Recommendation 16 - Wire Transfers
- FATF Recommendations, Interpretive Note to Recommendation 16, Paragraph 1 - Scope and Application to Virtual Assets
+ 3 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/fatf-recommendation-16-travel-rule-va.json — 6-field metadata
- Vault (full node): /api/v1/vault/nodes/fatf-recommendation-16-travel-rule-va.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
- Canonical URL: https://bidda.com/intelligence/fatf-recommendation-16-travel-rule-va
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