Regulatory, supervisory framework to assure AML/CFT compliance across virtual assets to be issued soon

Regulatory, supervisory framework to assure AML/CFT compliance across virtual assets to be issued soon ABU DHABI, 8th March, 2022 – The Securities and Commodities Authority (SCA) stated that it has come closer to issuing the regulatory and supervisory framework related to virtual assets issued for investment purposes.In a statement issued today, SCA said that it has also completed its consultation with the concerned authorities in the country in developing the necessary regulatory framework to address the risks of money laundering and terrorist financing related to virtual assets and virtual a…

Read More