Frequently asked questions about when to file a report
-
Yes. If you believe a transaction is unusual, you should report it to FIU-the Netherlands, regardless of whether it is a completed transaction or merely an intended transaction.
-
Indicators of unusual transactions are listed in the 2018 Implementation Decree for the Money Laundering and Terrorist Financing (Prevention) Act (Wwft) (Uitvoeringsbesluit Wwft 2018 [in Dutch]). These indicators differ per reporting entity. The page on reporting groups gives an overview of the various indicators per reporting group. If in your view a transaction meets one or more of the indicators that apply to your reporting group, you must report that transaction to FIU-the Netherlands.
If you have questions about how to interpret a given indicator, you can ask your Wwft supervisory authority. This page shows which supervisory authority is responsible for your reporting group. This division of roles is addressed in more detail in the FAQ “What is the role of the Wwft supervisory authorities in relation to FIU Netherlands?’’.
Career switch: from criminal to real estate entrepreneur?
We can’t emphasize enough how valuable the reported unusual transactions (UTRs) reported by obliged entities are.
New format FIU-notices
As of January 1st 2024, FIU-the Netherlands stopped with its traditional newsletter to obliged entities.
Legal entity and real estate used for money laundering
Legal entities and real estate. Both can be used by criminals to launder their illicit assets. This case also involved financing from abroad, which can also be a way to conceal the origin of money.
Annual review FIU - the Netherlands 2022
On June 29, 2023, the Minister of Justice and Security presented the 2022 Annual Review of the Financial Intelligence Unit the Netherlands (FIU-Nederland) to the Members of the House of Representatives.
Transaction description now mandatory
Starting today, reports of unusual transactions made based on the subjective indicator without a transaction description will be rejected.
Together against terrorist financing
Together we can take the global fight against terrorist financing to an even higher level.