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.
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.
