1. Money or Value Transfer Service Providers shall be licensed by or registered with, the concerned Supervisory Authority. The Supervisory Authority shall take the necessary measures to penalize any person providing such services without the license or registration, in accordance with its applicable legislation, and shall ensure that licensed or registered providers comply with anti-crime controls. 2. Money or Value Transfer Service Providers shall maintain an updated list of their agents and make it available to the concerned authorities within the State in which the Money or Value Transfer Service Providers and their agents operate. They shall also include such agents in the anti-crime programs, and monitor their compliance with such programs.
Interpretation and application must be checked against the official text and current version.