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Enforcing the Virtual Asset and Initial Token Offerings Services Act 2021

Event Date & Time : Thursday 18 August 2022 from 10:00 hrs. to 12.00 hrs.

Venue : Virtual Workshop.

The Interagency Coordination Committee (ICC) organised a virtual workshop on ‘Enforcing the Virtual Asset and Initial Token Offerings Services Act 2021 (VAITOS)’ on Thursday 18 August 2022 from 10:00 hrs. to 12.00 hrs. The primary goal of this workshop was to apprise reporting persons of applicability of the Virtual Asset and Initial Token Offering Services Act 2021. Resource persons from the Financial Services Commission (FSC) presented on:

  • Salient features of the VAITOS
  • The powers of the FSC in relation to enforcing the VAITOS
  • The Enforcement process
  • Offences under the VAITOS
  • Case Studies
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