In November 2023, we launched a public consultation on new Guidelines to prevent the abuse of funds and crypto-assets transfers for terrorist financing and other financial crime purposes.

These 'Travel Rule' Guidelines specify the steps that Payment Service Providers (PSPs), Intermediary PSPs (IPSPs), crypto-asset service providers (CASPs) and Intermediary CASPs (ICASPs) should take to detect missing or incomplete information that accompanies a transfer of funds or crypto-assets. The consultation runs until 26 February 2024. We will also hold a virtual public hearing on 17 January 2024 from 14:00 to 16:00 CET.