Originator Information

Definition ∞ Originator information consists of the identifying details of the sender or initiator of a financial transaction or digital asset transfer. This data typically includes the sender’s name, account identifiers, and sometimes physical address or digital wallet address. Such details are crucial for tracking the source of funds and complying with regulatory requirements. Accurate collection helps prevent illicit financial activities.
Context ∞ In the digital asset sector, collecting originator information is a core component of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations, often referred to as the “Travel Rule.” Virtual asset service providers (VASPs) are increasingly required to collect and transmit this data for transfers exceeding specific thresholds. This regulatory push aims to bring greater transparency and accountability to virtual asset transactions, a frequent topic in news concerning crypto compliance and regulatory enforcement.

→Anti-Money Laundering

→Beneficiary Data

→Financial Transparency

FATF Revises Global Travel Rule, Mandating Enhanced Payment Transparency Standards

Virtual Asset Service Providers must immediately begin architectural planning to integrate new standardized data requirements for cross-border transfers exceeding €1,000.

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→Virtual Asset Transfers

→Cross-Border Payments

→VASP Compliance Framework

FATF Revises Travel Rule Mandating Enhanced Global Payment Transparency Standards

The revised Recommendation 16 requires Virtual Asset Service Providers to integrate enhanced originator and beneficiary data into cross-border transfers.

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→Crypto Asset Service Providers

→Off-Chain Data

→Transaction Monitoring

European Banking Authority Finalizes Travel Rule Guidelines for Crypto Asset Transfers

EU CASPs must immediately integrate EBA guidelines into AML/CFT compliance architecture to ensure transaction tracing and meet the December 30, 2024, enforcement deadline.

Originator Information

FATF Revises Global Travel Rule, Mandating Enhanced Payment Transparency Standards

FATF Revises Travel Rule Mandating Enhanced Global Payment Transparency Standards

European Banking Authority Finalizes Travel Rule Guidelines for Crypto Asset Transfers

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