+54. For this purpose, the redemption plan should describe the processes, the measures to identify …
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54. For this purpose, the redemption plan should describe the processes, the measures to identify …
For this purpose, the redemption plan should describe the processes, the measures to identify and address money laundering and terrorism financing (ML/TF) risks applied by the issuer, and technical facilities adopted or envisaged to be in place to process: - i. the identification of token holders and their entitlement to the redemption of the tokens;
- ii. the collection and permanent removal from circulation of redeemed tokens; and
- iii. the subsequent payout or delivery of assets to the token holders.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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