About This Event
“Regulate crypto before it quietly regulates your monetary system.”
A four-day virtual programme on the legal and regulatory frameworks for virtual assets and virtual-asset service providers. You will examine how to define and classify virtual assets, license and supervise VASPs, apply the FATF travel rule, and design a proportionate framework that fits your legal system.
What You'll Explore
A classification test for virtual assets, tokens and stablecoins
A VASP licensing checklist covering fitness, capital and custody
A travel-rule supervision guide aligned to FATF Recommendation 15
A draft outline of core provisions for your virtual-asset framework
A cross-border cooperation map for VASP enforcement cases
Who Should Attend
Open to all qualifying staff, particularly: Legal Counsel, Fintech and Innovation Leads, Payments Regulators, AML/CFT Supervisors, Policy Advisers, Securities Regulators.
Why This Course Matters
Legal Certainty
Without clear definitions, virtual assets fall between banking, securities and payments law. A settled classification tells your institution who supervises what, and closes the gaps firms exploit.
VASP Oversight
Licensing, AML/CFT and travel-rule obligations bring service providers inside the regulatory perimeter. That perimeter is what lets you act when a platform fails or is used for laundering.
Global Consistency
The FSB, IOSCO, Basel Committee and FATF have all issued standards for crypto-assets. Aligning with them reduces regulatory arbitrage and keeps your jurisdiction credible to foreign supervisors.
Programme
Day 1
Defining virtual assets: legal nature & classification
You will work through the legal nature of virtual assets, stablecoins and tokens, and apply a classification test that tells you whether an instrument is a payment, a security, e-money or something new.
Day 2
VASP licensing, the regulatory perimeter & conduct
You will design a licensing regime for VASPs, covering fit-and-proper tests, capital, custody of client assets and conduct rules, and decide where your perimeter should sit relative to existing laws.
Day 3
AML/CFT for VASPs: Recommendation 15 & travel rule
You will apply FATF Recommendation 15 and the travel rule to VASP supervision, learning how to test transaction monitoring, blockchain analytics use and cross-border information sharing in practice.
Day 4
Stablecoins, enforcement & drafting your framework
You will assess stablecoin and monetary-sovereignty risks, review enforcement and cross-border cooperation tools, and draft the core provisions of a virtual-asset framework suited to your jurisdiction.
Standards & Faculty Benchmark
FATF Recommendation 15 & VA/VASP guidance
AML/CFT obligations for virtual assets and service providers, including the travel rule.
FSB crypto-asset regulatory framework
High-level recommendations for crypto-asset activities and global stablecoin arrangements.
IOSCO crypto & digital asset recommendations
Policy recommendations on market integrity and investor protection in crypto-asset markets.
Basel prudential treatment of cryptoassets
The Basel Committee standard on how banks capitalise and manage their cryptoasset exposures.
Foreign supervisors, correspondent banks and FATF assessors will judge your virtual-asset regime against these same standards. Building your framework on them from the start avoids costly rewrites and gives licensed VASPs a regime they can recognise and comply with.
Is This Right for You?
- ☑You draft, interpret or enforce financial-sector legislation
- ☑Your institution is designing or reviewing a VASP regime
- ☑You need legal clarity on crypto, not a technology briefing
Good to Know
Suited to lawyers, regulators and policy staff; no technical blockchain knowledge is assumed, and the technology is explained only as far as regulation needs it. You leave with a classification test and a draft framework outline for your own jurisdiction.
The Bottom Line
Leave with a virtual-asset framework outline your legal team can draft from and your supervisors can enforce.
Recommended For
Open to all qualifying staff, particularly: Legal Counsel, Fintech and Innovation Leads, Payments Regulators, AML/CFT Supervisors, Policy Advisers, Securities Regulators.