Common use of Assessment and Reporting Clause in Contracts

Assessment and Reporting. The intermediary crypto-asset service provider shall take into account missing information on the originator or the beneficiary as a factor when assessing whether a transfer of crypto-asset, or any related transaction, is suspicious, and whether it is to be reported to the FIU in accordance with Directive (EU) 2015/849.

Assessment and Reporting. The intermediary crypto-asset service provider of the beneficiary shall take into account missing or incomplete information on the originator or the beneficiary as a factor when assessing whether a transfer of crypto-assetassets, or any related transaction, is suspicious, suspicious and whether it is to be reported to the FIU in accordance with Directive (EU) 2015/8492015/849 . SECTION 2 a Obligations on intermediary crypto-asset service providers Article 18 a Retention of information on the originator and the beneficiary with the transfer