Publications & Consultation
The Implementing Procedures are issued in terms of Regulation 17 of the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR) and are binding on all persons carrying out relevant financial business or relevant activity from the date they are issued.
The main purpose of these Implementing Procedures is to provide guidance to subject persons in their implementation of the rules set out in the PMLFTR. In so doing, the Implementing Procedures assist subject persons to better understand and fulfil their obligations under the PMLFTR, ensuring an effective and harmonised implementation of the salient provisions.
The Implementing Procedures are divided in two parts. Part I is applicable to all sectors and Part II applies to each sector specifically. The Implementing Procedures may, from time to time, be amended to ensure that they remain harmonised with amendments to legislation and other material developments originating from changes in international standards. Subject persons should, therefore, ensure that they always refer to the most recent version.
Remote Gaming Sector
Virtual Financial Assets Sector
Banking Sector – Repealed
Company Services Providers
Accountants and Auditors – In progress
Banks and Financial Institutions – In progress
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The FIAU issues guidance and interpretative notes to assist subject persons to fulfil their AML/CFT obligations.
Factsheet: Typologies & Red Flags: Indicators of Tax-Related ML
Interpretative Note on Assessing Jurisdictional Risk
The Funding of Terrorism: Emerging Trends, Typologies, and Red Flags
Joint Guidance Document on Accounts for FinTech
STR Submissions from Remote Gaming Licensees
Transfer of Funds having Missing or Incomplete Information
COVID-19: Remaining Vigilant Against a Changing Criminal Landscape
Property Sector: Risk Factors, Mitigating Measures, Red Flags and Case Studies
FIAU Notice in Response to the FinCEN Files
AML/CFT Obligations in relation to Payment Accounts with Basic Features.
The Business Risk Assessment
Sanctions adopted in response to the current situation in Ukraine
Common Issues related to the Money Laundering Reporting Officer
Compliance with Beneficial Ownership Obligations by Company Service Providers
The Use of Cash and the Banking Sector
Obtaining Source of Wealth Information related to Parties other than the Customer
Relevant Activity for Notaries
Interpretative Note to assist legal procurators in determining when they are subject to AML/CFT obligations.
Interpretative Note clarifying when Professionals and Professional Firms are subject to AML/CFT obligations.
Relevant Activity for Lawyers
Insurance Intermediary Activities under the Prevention of Money Laundering and Funding of Terrorism Regulations
ML and TF Business Risk Assessment
Supervisory Guidance Paper on Money Laundering and Terrorist Financing Institutional/Business Risk Assessment
The FIAU Annual Reports are issued in terms of Article 42(1) of the Prevention of Money Laundering Act. These reports contain information on the operations of the Unit during the year under review, together with details of other developments and initiatives in the area of AML/CFT.