Common use of Assessment and Reporting Clause in Contracts

Assessment and Reporting. The crypto-asset service provider of the beneficiary shall take into account missing or incomplete information on the originator or the beneficiary as a factor when assessing whether a transfer of crypto-assets, or any related transaction, is suspicious and whether it is to be reported to the FIU in accordance with Directive (EU) 2015/849 . SECTION 2 a Obligations on intermediary crypto-asset service providers Article 18 a Retention of information on the originator and the beneficiary with the transfer

Assessment and Reporting. The intermediary crypto-asset service provider of the beneficiary shall take into account missing or incomplete information on the originator or the beneficiary as a factor when assessing whether a transfer of crypto-assetsasset, or any related transaction, is suspicious suspicious, and whether it is to be reported to the FIU in accordance with Directive (EU) 2015/849 2015/849. SECTION 2 a Obligations on intermediary crypto-asset service providers Article 18 a Retention of information on the originator and the beneficiary with the transfer