UIAF Resolution 314 of 2021 is Colombia’s virtual-asset transaction reporting regulation for persons and companies that provide virtual-asset services in Colombia. The Unidad de Información y Análisis Financiero (UIAF) lists the measure as vigente, and the operative reporting start date was later moved by Resolution 84 of 2022 to July 1, 2022.
Colombia virtual-asset reporting framework
The resolution is an AML/CFT reporting measure, not a comprehensive crypto licensing statute or a declaration that virtual assets have legal-tender status. It sits within Colombia’s financial-intelligence framework and is designed to bring virtual-asset service providers into UIAF’s reporting perimeter for suspicious-operation, transaction, no-activity, and customer information reports.
Covered virtual-asset service providers
Resolution 314 applies to natural or legal persons that carry out covered activities for, or on behalf of, another person, regardless of transaction amount. Covered activities include:
- Exchange between virtual assets and fiat currencies, including fiat-to-virtual-asset exchange.
- Exchange between one or more forms of virtual assets.
- Transfer of virtual assets.
- Custody or administration of virtual assets, or instruments that permit control over virtual assets.
- Participation in, or provision of, financial services related to an issuer’s offer or sale of a virtual asset.
- Other services related to virtual assets.
Core reporting obligations
Covered providers must send immediate suspicious-operation reports through SIREL when they detect suspicious activity. If no suspicious operations are identified for a period, they must submit a monthly absence report within the first 20 calendar days of the following month. UIAF’s technical annex for suspicious-operation reports also addresses attempted or rejected operations that have suspicious characteristics.
| Report type | Core trigger or timing |
|---|---|
| Suspicious-operation report | Immediate filing through SIREL after detection of a suspicious operation. |
| Absence of suspicious operations | Monthly filing when no suspicious operations were identified. |
| Virtual-asset transaction report | Monthly report for individual transactions of USD 150 or more and multiple transactions totaling USD 450 or more, or equivalent value. |
| Absence of virtual-asset transactions | Monthly filing when no reportable virtual-asset transactions occurred. |
| Customer report | Monthly report covering active, inactive, and disconnected customers registered on the exchange platform. |
Status, phase-in and enforcement
Resolution 314 was issued on December 15, 2021 and, according to legal-publication records, appeared in Diario Oficial No. 51.898 on December 24, 2021. Article 12 provides that the resolution enters into force upon publication. Article 7 initially set April 1, 2022 as the start date for reports, but UIAF Resolution 84 of 2022 extended that date to July 1, 2022.
The resolution allows UIAF to update reporting amounts and conditions, requires submission through SIREL according to technical annexes, and states that noncompliance may result in administrative fines and other sanctions by the Superintendencia de Sociedades or the relevant supervisory authority, without excluding other administrative or criminal actions.
Technical annexes and reporting channel
UIAF publishes the Resolution 314 text, Resolution 84, and technical annexes on its virtual-assets sector page. The annexes set file formats and operational instructions for suspicious-operation reports, customer reports, and transaction reports. UIAF also notes that providers must preserve case-sensitive wallet, transaction-hash, and counterparty-wallet data exactly where those fields are required in Annexes 2 and 3. Those operational materials may change independently of the short legal text, so the profile should be reviewed against the current UIAF sector page before publication updates.
Relationship to FATF standards
The measure expressly references FATF Recommendation 15 and the AML/CFT risks associated with virtual assets and virtual-asset service providers. For CryptoSlate taxonomy purposes, Resolution 314 is best treated as an in-force Colombian AML/CFT regulation focused on virtual-asset reporting, rather than as a general market-structure, securities, commodities, or consumer-protection framework. It does not resolve separate Colombian questions about prudential supervision, exchange controls, taxation, or token classification.