Why should you Register a VASP Company in Ireland?

Why should you prefer setting up VASP in Ireland? Virtual Assets Service Providers certified in Ireland are entitled to passport to other EEA member states.

A VASP Ireland carrying on business in Ireland is now an elected person for the reasons of the Irish anti-money laundering or else countering the financing of terrorism (CFT) framework, signifying that it is subject to AML/CFT compulsions usually, and will require registering with the Central Bank of Ireland (CBI). These necessities came into consequence on 23 April 2021.

How can we assist you setting up your VASP entity in Ireland?

We help in the full registration procedure with Central Bank. If you are planning setting up VASP in Ireland, Atrium Legal Lab can provide you its lawful, practical and business proficiency and consulting support.

Our dedicated Financial Services Regulatory Team works personally with customers who are subject to AML / CFT needs across different sectors. We have also suggested a number of clients occupied in offering crypto services in Ireland.

We have huge knowledge in dealing with AML or else CFT issues throughout the spectrum from establishing an AML or else CFT framework plus preparing policies plus procedures; offering annual training; advising on doubtful transaction report filings; suggesting on supremacy and outsourcing agreements related to AML or else CFT and guiding customers through themed examinations and managerial or else enforcement engagement on AML / CFT.

Setting up VASP in Ireland is now subject to Ireland’s AML/CFT framework as well as must catalogue with the Central Bank of Ireland.