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Investment entities

Investment entities as defined in Section 1:1 of the Financial Supervision Act (Wet op het financieel toezicht, Wft)

Branch office in the Netherlands of an investment entity with its registered office outside the Netherlands (Wwft Act Section 1, subsection 1, part a, sub-subsection 9 in conjunction with sub-subsection 7).*

Pursuant to the Money Laundering and Terrorist Financing (Prevention) Act (Wwft), it is compulsory for investment enitities to report unusual transactions. Such reports must be submitted to FIU-the Netherlands. On the first occasion that you submit an unusual transaction report, you must start by registering as a reporting entity. FIU-the Netherlands will then provide the necessary information and provide you with internet access to the reporting portal. Once your account has been set up, you can report unusual transactions over the internet. FIU-the Netherlands analyses all reports on a daily basis and determines which reports to pass on to the investigative authorities.

For reporting unusual transactions there are indicators: several objective indicators and one subjective indicator. If your report falls under one of the objective indicators, no further assessment is necessary on your part: you must report it. If the report does not fall under any of the objective indicators, the subjective indicator may apply. In that case, you assess the transaction for yourself and then decide whether it falls under the subjective indicator. But do take note: it is up to you to assess whether reporting is necessary, but if you do not report an incident when you should properly have done so, you will be held responsible.

The following indicators apply to your type of business:

Subjective indicator*

  • A transaction for which the entity has reason to believe that it might be related to money laundering or terrorism financing.

Objective indicators*

  • It is reasonable to assume that transactions reported to the police or the Public Prosecution Service in connection with money laundering or terrorism financing are also reported to FIU-the Netherlands.
  • All entities registered with FIU-the Netherlands will be kept informed of any changes to the legislation or reporting procedures, trends, and other relevant developments.

    *The English version is a translation of the official Dutch legislation and is for information purposes only. Any discrepancies or differences created in the translation are not binding and have no legal effect for compliance or enforcement purposes. In case of a discrepancy, the Dutch original legislative text will prevail.

    Vastgoed is één van de risicosectoren in Nederland ten aanzien van het witwassen van illegale gelden. Maar er is nog een andere reden waarom vastgoed aandacht van de poortwachters verdient. Criminaliteit dient zelf namelijk ook gehuisvest te worden. Denk hierbij aan het onderbrengen van hennepteelt, de productie van harddrugs of bijvoorbeeld het huisvesten van slachtsoffers van mensenhandel. Het huisvesten van criminaliteit gebeurt op grote schaal. Uit het rapport ‘’Criminele gebouwen’’ van het Wetenschappelijk Onderzoek en Documentatie Centrum (WODC) komt naar voren dat ongeveer 50.000 panden in Nederland gebruikt worden voor ondermijnende criminele activiteiten . Het WODC schat dat van deze panden ongeveer 80% woningen zijn, oftewel 40.000. Ter vergelijking, een middelgrote stad als Zwolle heeft een kleine 60.000 woningen. 

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