Paper Title
THE ROLE OF RECOMMENDATIONS OF THE FINANCIAL ACTION TASK FORCE (FATF) IN THE REGULATION OF VIRTUAL ASSETS

Abstract
Abstract - The article examines the contents of the updated Recommendations of the Financial Action Task Force (FATF) and their impact on the fight against money laundering and terrorist financing, regarding the regulation of virtual assets and the activities of service providers with them. The following were analyzed: Guidance Financial Action Task Force on Money Laundering for a Risk-Based Approach for Virtual Assets and Virtual Asset Service Providers (VASPs) and the Law of Ukraine "On Prevention and Counteraction to Legalisation (Laundering) of Criminal Proceeds, Terrorist Financing and Financing of Proliferation of Weapons of Mass Destruction". The results of the study indicate the importance of the Group's Recommendations on the development of financial measures in the fight against money laundering in the field of virtual assets. Keywords: Virtual Assets, Financial Action Task Force (FATF), Virtual Asset Service Providers, Anti-Money Laundering, Anti-Terrorist Financing, Risk-Based Approach.