Crypto Series Two #4/4

Regardless of the information provided by clients during the due diligence process, regulated institutions are obliged to screen and monitor transactions. Crypto analytics and investigative tools offer transaction monitoring systems that institutions can employ to supplement this requirement. Traditional monitoring only looks at the last leg of the transaction in the blockchain, but transactions can also be tracked to several “hops,” with each hop diluting the level of risk but providing new information. This webinar examines how AFC controls, policies and control frameworks can be calibrated to take account the inherent crypto AFC risks and seek information that is necessary for effective implementation of controls. This applies to institutions that offer crypto products and services as well as those that don’t offer them directly.