5 Questions
What does the AMLA define as financial intermediaries?
Persons holding assets which belong to others
What is the notice period for termination of VQF membership?
6 months
What can lead to the loss of association membership according to SRO membership rules?
Restructuring
Who is defined as a Virtual Asset Service Provider (VASP) based on the FATF definition?
Persons or entities involved in exchange, transaction, storage, or administration of virtual assets
What are the duties of due diligence according to AMLA?
Procedure on money laundering and terrorist lists
Test your knowledge about SRO membership, key facts, permitted and prohibited activities, interaction with VQF, termination of VQF membership, duties of due diligence according to AMLA, VASP, and self-regulatory organizations licensed and supervised by FINMA.
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