Financial Institutions
MiCA Art. 68 deadline: July 2027. Manual screening will not scale.
EU financial institutions must screen crypto-asset transactions against sanctions and PEP databases or face fines up to 10% of annual turnover. Sanctuary screens deposits in under 3 seconds — before you credit the balance.
MiCA Art. 68 — July 2027
EU financial institutions must screen crypto-asset transactions against sanctions and PEP/adverse-media databases. Non-compliance fines: up to 10% of annual turnover or €5M.
AMLD6 correspondent exposure
Correspondent relationships with VASPs now carry AML liability. Westpac paid $1.3B in 2020. ING paid €775M in 2018. A single unscreened crypto channel is enough.
Regulator audit trail requirements
FSA, BaFin, AMF, and DNB examiners now request screening logs for crypto-linked accounts. Paper records don't pass. You need timestamped, signed, queryable evidence.
Payment-flow API — sub-3s response
One POST to /screen before crediting any crypto-linked payment. Score, sanctions flags, and recommendation returned synchronously — no async delays in your settlement flow.
SAR auto-drafting
For every flagged transaction, a SAR draft is generated in FinCEN BSA, goAML 5.0.2, or NCA format. Compliance officer reviews, signs, and files — no manual re-entry.
Tamper-proof audit trail
Every check is stored as a cryptographically signed snapshot. Immutable. Queryable by date, address, risk level, or case ID. Ready for supervisory examination.
Case management
Escalate flagged transactions directly to cases. Assign to analysts, attach correspondence, set status. Full audit history from alert to resolution.
OFAC + EU + UN sanctions, live
Sanctions lists updated within 30 minutes of designation changes. Separate current designations from historical records — no over-blocking on old data.
Batch screening for portfolio reviews
Upload a CSV of addresses for periodic CDD reviews. Scores and flags returned within minutes. Direct export to your case management system.
MiCA compliance doesn't wait
July 2027 is the hard deadline for EU institutions. Build your crypto screening infrastructure before the regulator asks for it.