Dutch AFM tightens crypto AML rules with a new Annex to its AML/CTF Guidelines, enforcing the Travel Rule and enhanced controls and CDD to bolster the fight against financial crime

This move follows the formal recognition of CASPs as “financial institutions” under the Wwft, effective from February 4, 2025. The annex outlines targeted compliance expectations and practical guidance for CASPs, including obligations related to customer due diligence, transaction monitoring, and adherence to the EU’s Transfer of Funds Regulation (TFR), notably the Travel Rule…