Response to consultation on Guidelines on preventing the abuse of funds and certain crypto-assets transfers for ML/TF (Travel rule Guidelines)
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Question 1. Do you agree with the proposed provisions? If you do not agree, please explain how you think these provisions should be amended, and set out why they should be amended. Please provide evidence of the impact these provisions would have if they were maintained as drafted'?
Dear Sir or Madam,
please find attached the comments of the German Banking Industry Committee.
Kind regards,
Dr. Christian Koch
German Savings Banks Association