Regulation Asia recently awarded Notabene "Best Solution: Virtual Assets – Travel Rule Compliance" in the 5th Regulation Asia Awards for Excellence 2022 at an in-person ceremony on November 22, 2022.
The judges examined, challenged, and graded dozens of submissions in each category, ensuring a rigorous and equitable process for all applicants. The Awards program also recognizes providers who have helped create the regulatory landscape in Asia-Pacific over the course of the year.
Notabene was recognized for its full-service solution, which simplifies compliance while maintaining the highest compliance standards amid an evolving and increasingly complex regulatory environment.
“Notabene has built a universal Travel Rule protocol gateway to address the current lack of a messaging protocol that is open to all VASPs.This protocol-agnostic approach, as well as a free sunrise plan being offered by Notabene, helps crypto firms come into compliance even in jurisdictions where the Travel Rule is not yet a regulatory requirement.” - A Regulation Asia awards panel judge.Â
Notabene’s solution enables firms to identify transactions that fall under the requirement immediately, automate counterparty due diligence, and seamlessly and securely exchange and store Travel Rule data. Additionally, customers can set risk-based criteria through a rules engine to automate compliance decisions, verify self-hosted wallet ownership, and generate Travel Rule reports.Â
We would like to thank Regulation Asia for considering us for this prestigious award. Visit Regulation Asia’s website to read the full press release.
