“provide the identification and verification mechanisms for the Samoan money transfer operators (MTOs) and other financial institutions to assist with their customer due diligence (CDD) processes.”

Also, following Financial Action Task Force (FATF) recommendations on Virtual Asset Service Providers needing to track senders, receivers, transactions, and be able to report in the appropriate format to the designated financial regulator, Everest ensured its implementations continue to adhere to those international standards, which include the “Travel Rule” and other requirements.

Our CEO meeting with Central Bank of Samoa colleagues