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Questions and Answers
What does the AMLA define as financial intermediaries?
What does the AMLA define as financial intermediaries?
- Persons assisting in the investment or transfer of their own assets
- Persons holding assets which belong to others (correct)
- Persons who only assist in the transfer of assets
- Persons holding assets which belong to themselves
What is the notice period for termination of VQF membership?
What is the notice period for termination of VQF membership?
- Immediate withdrawal
- 1 month
- Only allowed at the end of the calendar year
- 6 months (correct)
What can lead to the loss of association membership according to SRO membership rules?
What can lead to the loss of association membership according to SRO membership rules?
- Group membership
- Immediate withdrawal
- Selling a company
- Restructuring (correct)
Who is defined as a Virtual Asset Service Provider (VASP) based on the FATF definition?
Who is defined as a Virtual Asset Service Provider (VASP) based on the FATF definition?
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What are the duties of due diligence according to AMLA?
What are the duties of due diligence according to AMLA?
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