In an increasingly regulated financial landscape, ensuring the transparency and traceability of cross-border payments is a critical compliance obligation. The Wire Transfer Regulations encompassing EU Regulation 2015/847, the UK’s Money Laundering Regulations, and FATF Recommendation 16 mandate that PSPs and virtual asset service providers (VASPs) collect, verify, and transmit specific payer and beneficiary information with every qualifying transfer.

This audit programme is designed to help compliance officers assess whether their firm’s systems, controls, and processes meet WTR requirements. It provides a structured framework for evaluating everything from transaction-level data integrity and Travel Rule implementation to exception handling, screening integration, and record retention. Whether you are auditing fiat payments, virtual asset transfers, or both, this programme supports proactive risk management, internal accountability, and readiness for regulatory scrutiny.

Explore the audit areas below to strengthen your compliance posture and ensure your firm’s wire transfer activities remain fully aligned with global standards.