Course Highlights:

Module 1. Introduction: Regulatory framework and enforcement timelines:  This module begins with an introduction to the Transfer of Funds Regulation (TFR), covering its purpose and foundational elements. It also reviews the Travel Rule’s key milestones and enforcement timeline in the EU, outlining significant dates and events, as well as compares TFR to the Markets in Crypto-Assets Regulation (MiCA).  You will have an understanding of TFR milestones, the MiCA-TFR comparison, and the broader regulatory landscape.

Module 2. Obligations in Withdrawals: This module examines the specific originator and beneficiary information CASPs must transmit for transactions between individuals. As well as the requirements for transactions involving institutional companies, followed by additional obligations related to information transmission.

Module 3.1 Obligations in deposits - Required information and monitoring: This module focuses on deposit transactions. Start by breaking down the four fundamental components required for effective compliance. Then, dive into the specific obligations of beneficiary CASPs, detailing the types of information they must receive from originator CASPs. Finally, explore the monitoring systems CASPs should establish to detect and address potential non-compliance in deposit transactions. This module equips CASPs with the knowledge needed to strengthen their adherence to the Travel Rule in deposit workflows.

Module 3.2 Obligations in deposits - Non-compliant transactions (Part 1): This module covers once CASPs identify a non-compliant deposit, what steps should you take to handle that transaction. 

Module 3.3 Obligations in deposits - Non-compliant counterparties (Part 2): This module covers how CASPs should handle the counterparty that failed to provide the required information.

Module 4.1 Obligations when transacting with SHW—Transactions below 1,000 Euros: This module begins with the general obligations that apply to transactions between CASPs and self-hosted wallet addresses. Then, it covers the obligations that apply to transactions between CASPs and self-hosted wallets of 1,000 euros or below.

Module 4.2 Obligations when transacting with SHW - 1st-Party transactions ≥ €1,000: This module covers first-party transactions over € 1,000. Followed by third-party transactions over € 1,000.

Module 5. Counterparty due diligence obligations: This module covers what is VASP due diligence and why it is important in the context of the travel rule. After, it covers the due diligence obligations for CASPs in the EU.

Disclaimer 

This certification program is for educational purposes only. It does not constitute legal, financial, investment, or any other advice. Notabene aims to ensure that all information in this certification program is accurate and relevant. However, the digital asset space is dynamic and still in a state of development. As a result, some of the information provided here may become outdated as the industry progresses.