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FATF Travel Rule (Recommendation 16)

Global

Effective: 2019-06-21

Originator/beneficiary information sharing for virtual asset transfers

aml

Summary

Requires VASPs to obtain, hold, and transmit originator and beneficiary information during virtual asset transfers. Thresholds vary: $3,000 in US, EUR 0 under EU TFR recast (no de minimis), GBP 0 in UK, JPY 0 in Japan, SGD 1,500 in Singapore, HKD 8,000 in Hong Kong, CHF 1,000 in Switzerland. Convergence toward universal compliance is a key 2025-2026 trend.

Key Requirements

  • Collect originator info
  • Collect beneficiary info
  • Transmit info with transfer
  • Screen against sanctions lists
  • Record keeping (5+ years)
  • Threshold varies by jurisdiction
  • Requires VASPs to obtain, hold, and transmit originator and beneficiary information during virtual asset transfers. Thresholds vary: $3,000 in US, EUR

Jurisdictions Implementing This Framework

AD Andorra AE United Arab Emirates AF Afghanistan AG Antigua and Barbuda AL Albania AM Armenia AO Angola AR Argentina AT Austria AU Australia AZ Azerbaijan BA Bosnia and Herzegovina BB Barbados BD Bangladesh BE Belgium BF Burkina Faso BG Bulgaria BH Bahrain BI Burundi BJ Benin BM Bermuda BN Brunei BO Bolivia BR Brazil BS Bahamas BT Bhutan BW Botswana BZ Belize CA Canada CD Democratic Republic of the Congo CF Central African Republic CG Congo CI Cote d'Ivoire CL Chile CM Cameroon CO Colombia CR Costa Rica CU Cuba CV Cabo Verde CY Cyprus CZ Czech Republic DE Germany DJ Djibouti DK Denmark DM Dominica DO Dominican Republic DZ Algeria EC Ecuador EE Estonia EG Egypt ER Eritrea ET Ethiopia EU European Union FI Finland FJ Fiji FM Micronesia FR France GA Gabon GB United Kingdom GD Grenada GE Georgia GG Guernsey GH Ghana GI Gibraltar GM Gambia GN Guinea GQ Equatorial Guinea GR Greece GT Guatemala GW Guinea-Bissau GY Guyana HK Hong Kong HN Honduras HR Croatia HT Haiti HU Hungary ID Indonesia IE Ireland IL Israel IM Isle of Man IN India IR Iran IT Italy JM Jamaica JO Jordan JP Japan KE Kenya KG Kyrgyzstan KH Cambodia KI Kiribati KM Comoros KN Saint Kitts and Nevis KP North Korea KR South Korea KW Kuwait KY Cayman Islands KZ Kazakhstan LA Laos LB Labuan (Malaysia) LC Saint Lucia LI Liechtenstein LK Sri Lanka LR Liberia LS Lesotho LU Luxembourg LV Latvia MA Morocco MC Monaco MD Moldova ME Montenegro MG Madagascar MH Marshall Islands MK North Macedonia ML Mali MM Myanmar MN Mongolia MR Mauritania MU Mauritius MV Maldives MW Malawi MX Mexico MY Malaysia MZ Mozambique NA Namibia NE Niger NG Nigeria NI Nicaragua NO Norway NP Nepal NR Nauru PA Panama PE Peru PG Papua New Guinea PH Philippines PK Pakistan PL Poland PR Puerto Rico PS Palestine PT Portugal PW Palau QA Qatar RO Romania RS Serbia RU Russia RW Rwanda SA Saudi Arabia SB Solomon Islands SC Seychelles SD Sudan SE Sweden SG Singapore SI Slovenia SK Slovakia SL Sierra Leone SN Senegal SO Somalia SR Suriname SS South Sudan ST Sao Tome and Principe SV El Salvador SY Syria SZ Eswatini TC Turks and Caicos TD Chad TG Togo TH Thailand TL Timor-Leste TM Turkmenistan TN Tunisia TO Tonga TR Turkey TT Trinidad and Tobago TW Taiwan TZ Tanzania UA Ukraine US United States UY Uruguay UZ Uzbekistan VA Holy See VE Venezuela VG British Virgin Islands VN Vietnam VU Vanuatu WS Samoa YE Yemen ZA South Africa ZM Zambia ZW Zimbabwe

188 jurisdictions reference this framework

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Last updated: 2026-06-06. View all frameworks