How many controls does FATF Recommendation 16 have?

FATF Recommendation 16 contains 22 controls organized across 2 domains.

Where does FATF Recommendation 16 apply?

FATF Recommendation 16 is applicable in International (FATF — 40 members). Organizations operating in or serving customers in this jurisdiction should evaluate its requirements.

What frameworks does FATF Recommendation 16 map to?

FATF Recommendation 16 has control-to-control mappings with 636 other compliance frameworks in our database. Use our compliance platform to explore these mappings interactively.

How do I get started with FATF Recommendation 16 compliance?

Start by understanding the framework's key controls and domains. Our compliance platform provides AI-powered gap analysis and mapping tools to help you assess your current posture and build a remediation plan.

FATF Recommendation 16 — Virtual Asset Travel Rule

FATF (Financial Action Task Force) Recommendation 16 (the Travel Rule) as applied to virtual assets requires Virtual Asset Service Providers (VASPs) to obtain, hold, and transmit originator and beneficiary information for virtual asset transfers exceeding USD/EUR 1,000. Adopted in 2019 as part of FATF's Updated Guidance on Virtual Assets and VASPs.

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Implementation

Travel Rule Requirements

Frequently Asked Questions

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