Exchanges and OTC desks
Know where the money came from, and where it goes next.
AuditKey checks source of funds at deposit and monitors the next hops after settlement so layering does not leave the desk unseen.
60,000+ VASPs and fintechs in the directory.
The obligation
OTC is where layering happens.
Clean in, split out
OTC is where layering happens. Funds arrive clean-looking and leave in pieces. AuditKey monitors the next hops after settlement for a set period.
Travel Rule data rarely travels
You need to know the counterparty VASP, its license and whether it can exchange originator and beneficiary data. AuditKey's directory carries Travel Rule readiness for 60,000+ VASPs and fintechs.
More than one regulator
Cross-border desks answer to more than one regulator: FinCEN and OFAC in the US, the BCB and COAF in Brazil, and the CNV for PSAVs in Argentina.
Source of funds, then the next hops.
OTC KYT screens the deposit and watches where funds go after settlement, tied to Travel Rule status on the counterparty VASP.
The laws an OTC desk answers to.
- The Bank Secrecy Act and MSB registration make a US OTC desk a money services business. AuditKey OTC KYT and the VASP directory are the controls mapped to that program.
- The FATF Travel Rule, Recommendation 16, and the US rule at 31 CFR 1010.410(f) require originator and beneficiary data on qualifying transfers. AuditKey shows whether the counterparty VASP can exchange that data.
- Brazil's Law 14,478/2022 creates the PSAV regime, and BCB Resolution 521 covers FX treatment. AuditKey traces source and destination for desks that settle in Brazil.
- Argentina's CNV RG 994/2024 requires PSAV registration. Those entities are in the AuditKey directory.
Proof
A directory built for the Travel Rule.
60,000+ entities
VASPs and fintechs, filterable by country, license and Travel Rule readiness, including BCB and CNV status.
What investigators say.
DTCC AI Hackathon winner: 42 teams, 250+ participants.
“AuditKey replaces black-box data magic with a VASP directory and deterministic labeling database. That clear line of tracking is what accelerates crypto investigations.”
Claudio Costa, Police Officer & Founder of Cilada CriptoTalk to a specialist about OTC KYT.
Volume-based, scoped with each desk.
Confirm MSB, PSAV and Travel Rule obligations with counsel.
OTC KYT questions
Travel Rule, next hops, and Brazil FX treatment.
Does AuditKey support Travel Rule compliance for OTC desks?
The FATF Travel Rule (Recommendation 16) and 31 CFR 1010.410(f) require originator and beneficiary data on qualifying transfers. AuditKey's VASP directory shows license, country and Travel Rule readiness for the counterparty.
Can AuditKey monitor funds after an OTC settlement?
Yes. AuditKey screens source of funds at deposit and monitors the next hops for a set period so layering after settlement is visible.
Does this cover BCB Resolution 521?
BCB Resolution 521 covers FX treatment for cryptoasset service providers in Brazil. AuditKey traces source and destination of funds for desks in that regime.