+54. For this purpose, the redemption plan should describe the processes, the measures to identify …

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

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
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