Article 69 AMLR – Reporting of suspicions 1.   Obliged entities, and, where applicable, their directors and employees, shall cooperate fully with the FIU by promptly: (a) reporting to the FIU, on their own initiative, where the obliged entity knows, suspects or has reasonable grounds to suspect that funds or activities, regardless of the amount involved, are the proceeds of criminal activity or are related to terrorist financing or criminal activity and by responding to requests by the FIU for additional information in such cases; (b) providing the FIU, at its request, with all necessary information, including information on transaction records, within the deadlines imposed. All suspicious transactions, … Continue reading Article 69 AMLRRead More →