Add as a preferred source on GoogleFurther Asset Management Adopts Chainlink ACE for Abu Dhabi Asset Checks
The Anubis platform will screen transactions before execution, checking asset permissions, custody, sanctions and other compliance controls.
Chainlink announced that Further Asset Management has adopted its Automated Compliance Engine (ACE) for tokenized-asset checks, with an initial rollout in Abu Dhabi Global Market (ADGM) to support institutional compliance.
Anubis will check transactions against rules set in advance before execution. The review spans asset issuance, know-your-customer (KYC) and anti-money laundering (AML) controls, permissions to hold or trade assets, custody and sanctions compliance. The system is intended to help institutions meet applicable requirements of the Financial Services Regulatory Authority (FSRA).
Further plans to extend the platform to additional jurisdictions and counterparties.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.