Whether it's effective this minute or might take a few more months doesn't seem prudent in the planning of a business. Plan as if it's already active, since it's clear SVG intends to and has no choice but to︀ align with what FATF and ECCB say. So you might be technically for now, but︁ it seems strange to just not even bring up that they have passed a law.︂
One of the roles of FATF is to︄ ensure KYC requirements are aligned across the world. Their motivation is that no country has︅ an isolated financial system. It's all interconnected, so the whole world should follow the same︆ KYC requirements.
Expect KYC to be or in the near future become the same all︇ over the world.
Those seem to be the kind︉ of websites that present no company, and/or have a network of related and unrelated companies︊ behind the scenes.
Exclude countries︌ you don't want to draw attention from and countries which draw attention to you if︍ not blocked. The list of countries changes, so keep an eye on alerts from FATF-GAFI,︎ EU, US, and others with major international influence.
One of the roles of FATF is to︄ ensure KYC requirements are aligned across the world. Their motivation is that no country has︅ an isolated financial system. It's all interconnected, so the whole world should follow the same︆ KYC requirements.
Expect KYC to be or in the near future become the same all︇ over the world.
Those seem to be the kind︉ of websites that present no company, and/or have a network of related and unrelated companies︊ behind the scenes.
Exclude countries︌ you don't want to draw attention from and countries which draw attention to you if︍ not blocked. The list of countries changes, so keep an eye on alerts from FATF-GAFI,︎ EU, US, and others with major international influence.