Readers dealing with or having an interest in the Virtual Asset Service Providers (VASP) sector should take a look at the Irish Central Bank’s latest Anti Money Laundering (AML) bulletin published this month. VASPs came within the scope of AML/CFT (counter terrorist financing) legislation in 2021. The bulletin provides Central Bank observations arising from the assessment of VASP registration applications to date in order to assist future applicants in preparing their applications. It sets out some details on the VASP registration process and the Central Bank’s expectations in a number of areas.