Travel Rule
Travel Rule readiness
FATF Recommendation 16 requires VASPs to share originator and beneficiary information. Sanctuary helps you screen counterparty VASPs before exchanging Travel Rule data.
What is the Travel Rule?
FATF Recommendation 16 (the "Travel Rule") requires VASPs to collect and transmit originator and beneficiary information when transferring virtual assets above a defined threshold (typically $1,000). The rule applies to both the ordering and beneficiary VASPs.
Enforcement is expanding globally. The EU's Transfer of Funds Regulation (TFR), Singapore's PSA amendments, and South Korea's VASP framework all incorporate Travel Rule requirements. VASPs that cannot demonstrate compliance risk losing their licenses.
What Sanctuary provides today
Counterparty wallet screening
AvailableBefore exchanging Travel Rule data, screen the counterparty wallet. Is the address sanctioned? Associated with mixers? Flagged by community? Make the decision before sharing your data.
VASP risk profiling
AvailableWhen your counterparty is a known VASP, Sanctuary checks if their addresses have been involved in illicit flows. A clean VASP counterparty reduces your compliance risk.
Compliance documentation
AvailableSigned check snapshots and PDF reports serve as evidence that you performed counterparty due diligence before the transfer. Built for audit review, partner diligence, and internal compliance records.
Roadmap
2026 H2
Travel Rule data exchange protocol
Direct VASP-to-VASP messaging via open protocol. Sanctuary acts as the compliance layer — validate, sign, transmit.
2026 H2
VASP directory integration
Cross-reference counterparty VASPs against global VASP registries. Automatic jurisdiction and license verification.
2027 Q1
Travel Rule workflow engine
Configurable rules per jurisdiction: threshold-based triggering, field requirements, STP for low-risk transfers.
Roadmap items are planned features and may change. Available features are labeled accordingly.
Prepare for Travel Rule today
Start with what's available: counterparty wallet screening and compliance documentation. When Travel Rule enforcement reaches your jurisdiction, your compliance records will be ready.