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Demystifying the Regulations: WTR Explainers

Clear, practical explanations of the terms, tools & technicalities that shape wire transfer compliance.

Wire transfer regulation is often dense, technical, and cross-referenced across multiple frameworks but it doesn’t have to be difficult to grasp. This section breaks down complex topics into plain-language explainers designed to clarify core concepts, obligations, and decision points. Whether you're new to the space or brushing up on the finer points, these reads are here to make WTR more navigable, not more complicated.

UK Wire Transfer Regulations & Travel Rule Compliance Framework

Key References under UK Law

Cross-Border vs. Domestic Transfer Compliance

What PSPs Need to Know

Defining the Intermediary Role

Clarifies Who Qualifies as an Intermediary Under WTR frameworks

Risk-Based Monitoring of Payment Information

Meeting WTR Requirements Through Proportionate Payment Scrutiny

Threshold vs. Derogation

Understanding the Distinction That Shapes Regulatory Decision-Making

Navigating Compliance Thresholds

Interpreting & Applying Simplified vs. Full Data Requirements

Payment Data Mapping Guide

Structured Field Reference Across SWIFT & ISO 20022 Message Formats

Payment Controls, Sanctions Screening & WTR

Distinct Roles, Shared Risks

The Travel Rule for Cryptoasset Transfers in the UK

What VASPs Must Collect, Verify & Transmit

What is IVMS101?

A Foundational Standard for UK Travel Rule Compliance

Audit Readiness & Regulatory Reporting

Proving It Works

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