Reporting suspicions – Who do I need to contact, if I would like to report a money laundering suspicion?
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Regardless of the value of the asset in question or the transaction amount, you are required to submit a report to the Financial Intelligence Unit as the central body for investigations concerning financial transactions, as soon as one of the following indications applies:
- the asset value might originate from a criminal act or an illegal source,
- the transaction or the asset is intended for or in any way related to terrorism financing,
- and/or the transaction partner does not disclose to you, whether they are acting on behalf of a beneficial owner.
Important: The obligation to submit a report applies regardless of the transaction value (for rental agents, goods traders, art agents and art store keepers it therefore also applies below the threshold value of EUR 10,000, and for precious metal traders and bookmakers also below the threshold value of EUR 2,000) and the payment mode (cash or cash-free).
Duty to register electronically
Since 1 January 2020, and independent of any reported suspicions, all obliged entities must register for the electronic process of the Central Office for Financial Transaction Investigations – FIU. To do so, please use the link indicated above.
Senatedepartment for Economics, Energy and Public Enterprises
Money laundering supervision
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All downloads on the topic of money laundering prevention
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Communications from the supervisory authority on the subject of money laundering prevention can be found here