What are VASP Lists?
VASP Lists enable you to have a record of VASPs that you have completed due diligence on by adding to the Trusted, Blocked or Monitored list. These lists can also be used in the Notabene Rules Engine to automatically approve or reject/cancel transfers.
The "Trusted list" contains VASPs you decided are low risk and trust to send/receive transfers.
In contrast, the "Blocked list" contains VASPs you decided are high risk and do not trust to send/receive transfers.
The "Monitored list" consists of VASPs you want to continuously keep an eye on and review transfers on a case-by-case basis.
How does it work?
Review the data displayed on the VASP profile in the Network.
Request access to their Due Diligence Questionnaire.
Add them to either the Trusted, Blocked or Monitored list and click on "Mark Due Diligence as Complete"
Set up Rules based on VASP List in the Rules Engine
You can also filter within the VASP network to see which VASPs you have not yet reviewed
Tip: We recommend you start by reviewing your Top 20 VASPs list as these are your most important counterparties.
Should you have any questions, do not hesitate to contact us at support@notabene.id.