? Is the EU Transfer of Funds Regulation (TFR) being delayed?
We’ve heard this question from customers and partners alike—and it’s time to set the record straight.
?? The short answer: No, the TFR is not being delayed.
While there’s been recent discussion around MiCA and its transitional timelines, it’s important to understand that MiCA and TFR are entirely separate regulations. Unlike MiCA, TFR has no traditional transitional period, and compliance with the Travel Rule is mandatory by December 30, 2024.
Failing to meet this deadline could result in service disruptions, reputational harm, and regulatory penalties.
In our latest article, we break down:
... continue to read the full article so that you can get the facts straight and ensure your compliance strategy is on track.