FIU Reporting

Introduction

One of the main anti money laundering requirements as set out in national law is the reporting of unusual transactions to the Financial Intelligence Unit (FIU -formerly known as Meldpunt Ongebruikelijke Transactie, MOT). This training will guide you through the process of reporting unusual transactions; from triggers and suspected suspicious transactions, to the evaluation thereof and ultimately to completed reports to the FIU.

Topics

  • Legal requirements
  • Recognizing unusual/ suspicious transactions
  • Triggers
  • Reporting Transaction reports
  • Reporting Procedures
  • Evaluation by MLRO
  • Confidentiality & Recordkeeping

Target group

  • Compliance Officers
  • Reporting Officers
  • Compliance staff
  • Personnel involved with transaction monitoring

Benefits

After this training you will know the aspects that surround the reporting of unusual transactions. You will be able to recognize triggers and be able to evaluate if a transaction is worthy of reporting. You will learn both the internal and external process of reporting.

Requirements

There are no requirements for participation.

Duration of the training

The duration of the training is 8 hours.

Costs

Price: AWG/ANG 710,=  excluding taxes

Costs includes:  Training sheets, Certificate of participation and Lunch.

Registration

Please check our Training Calendar to see when/where this training is planned. In case you are interested in the training but it’s not planned yet please send us an email: training@compliance-caribbean.com, including name training + preferred location, and we will inform you once the training is planned.