RUSI publishes Virtual Asset Risk Assessment guide

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The Royal United Services Institute (“RUSI”), a defence and security think-tank providing public and sector-specific insights, has published its Institutional Virtual Asset Service Providers and Virtual Assets Risk Assessment Guide.

The guide is designed to provide a standardised approach to assessing financial crime risk within the cryptocurrency industry.

The guide provides information on:

  • Financial crime risks and elevated risk factors;
  • Risk mitigation strategies; and
  • Best practices for a robust compliance framework and risk assessment.

Firms can read the publication to understand the potential risks relevant to the virtual asset sector and how to mitigate them.

https://static.rusi.org/institutional-vasps-and-var-assessment-guide.pdf

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