Criminal Justice (Money Laundering and Terrorist Financing) Act 2010

106L

F164[Regulatory disclosure statement

106L. (1) Subject to subsection (2), the holder of a registration shall include a statement (in this section referred to as a "regulatory disclosure statement") in the prescribed form in all advertisements for its services stating that the holder of the registration is registered and supervised by the Bank for anti-money laundering and countering the financing of terrorism purposes only.

(2) For the purposes of this section, the Bank may prescribe the form of the regulatory disclosure statement including its size and colour and font type and the manner in which the disclosure statement shall be displayed.

(3) In this section, "advertisement" means any form of commercial communication which is intended to publicise or otherwise promote the holder of a registration in relation to the provision by the holder of virtual asset services.]

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F164

Inserted (23.04.2021) by Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (3/2021), s. 25, S.I. No. 188 of 2021.