Directives 11
Directive 9 - Travel rule relating to crypto asset transfers
This Directive applies to accountable institutions listed in items 12 and 22 of Schedule 1 to the FIC Act that are ordering, intermediary or recipient crypto asset service providers, which facilitate or enable the origination or receipt of domestic and cross-border transfers of crypto assets or act as an intermediary in receiving or transmitting the crypto assets for or on behalf of a client. (page 3)
This directive cross-references 4 linked laws.
Relationships in
No relationships recorded.
Relationships out
No relationships recorded.
Linked legislation
Cross-references
Low confidenceFinancial Intelligence Centre Act 38 of 2001 43A
"1.1 This Directive is issued by the Financial Intelligence Centre (Centre) in terms of section 43A(2) of the Financial Intelligence Centre Act, 2001 (Act 38 of 2001)."
Cross-references
Low confidenceFinancial Intelligence Centre Act 38 of 2001
"This Directive applies to accountable institutions listed in items 12 and 22 of Schedule 1 to the FIC Act that are ordering, intermediary or recipient crypto asset service providers, which facilitate or enable the origination or receipt of domestic and cross-border transfers of crypto assets or act as an intermediary in receiving or transmitting the crypto assets for or on behalf of a client."
Used in the current RMCP catalogue
This publication is referenced by the current RMCP citation catalogue. The catalogue records the source URL, corpus SHA-256, publication status, and corpus sync timestamp used when RMCP starter documents are assembled.
- Directive 9
Document
316 No. 51556
GOVERNMENT GAZETTE, 15 NOVEMBER 2024
DEPARTMENT OF FINANCE
NO. 5543
15 November 2024
Financial Intelligence Centre
DIRECTIVE 9
concerning the implementation of the "Travel Rule" relating to crypto asset transfers in accordance with the Financial Action Task Force Recommendations
15 November 2024
This gazette is also available free online at www.gpwonline.co.za
STAATSKOERANT, 15 NOVEMBER 2024
No. 51556 317
Directive No 9 of 2024
1. PURPOSE
1.1 This Directive is issued by the Financial Intelligence Centre (Centre) in terms of section 43A(2) of the Financial Intelligence Centre Act, 2001 (Act 38 of 2001).
1.2 The purpose of this Directive is to ensure that accountable institutions that provide or engage in activities of crypto asset transfers, implement the requirements of Recommendation 16 of the Financial Action Task Force in the context of crypto asset transfers.