Author Archives: FIU-Aruba
Regulation (EU) 2022 1230
AMENDMENT TO THE NATIONAL SANCTION LIST Having regard for, in particular, Article 2 (3) of Council Regulation 2580/2001 of 27 December 2001 regarding the implementation of restrictive measures against persons, groups, and entities with the aim of combating terrorism, the Council has reevaluated the established list as adopted in Regulation (EU) 2022/147 of 3 February
Annual Report 2017 – 2020
Due to various circumstances, the FIU was not able to publish its annual reports over the de period 2017 – 2020. Therefore, a bundle form is chosen to report over the afore-mentioned period to make up for this backlog. We thank the Minister of Finance who bears the parliamentary responsibility for the FIU, the former
Screening of EU sanction lists in relation to the situation in Ukraine
The invasion by the Russian Federation of Ukraine has prompted the European Union (EU) to implement a broad range of restrictive measures that target, amongst others, the financial sector, defense, airspace, energy, and the transport sector. Furthermore, due to the recent participation of Belarus with the Russian Federation in the aggression against Ukraine, the EU
AMENDMENT TO THE NATIONAL SANCTION LIST
Having regard for, in particular, Article 2 (3) of Council Regulation 2580/2001 of 27 December 2001 regarding the implementation of restrictive measures against persons, groups, and entities with the aim of combating terrorism, the Council has reevaluated the established list as adopted in Regulation (EU) 2021/1188 of 19 July 2021. The Council has concluded that
Dig deeper – Outsmarting the proliferation financer
Service providers can contribute to the countering of the financing of proliferation of weapons of mass destruction in several ways, one of which is by conducting a sound screening of the sanction lists. These sanction lists pertain to North Korea and Iran in particular. When conducting a screening, it is important to keep in mind
FATF Public Statements: Situation in Afghanistan & Financing of ISIL, Al Qaeda and Affiliates – October 2021
FATF Public Statements: Situation in Afghanistan & Financing of ISIL, Al Qaeda and Affiliates – October 2021 During the most recent FATF Plenary meeting, discussions were held and statements were subsequently issued regarding the situation in Afghanistan as well as the risks associated with the financing of ISIL, Al Qaeda and Affiliates. All service providers
FATF: High-Risk Jurisdictions subject to a Call for Action – October 2021
FATF: High-Risk Jurisdictions subject to a Call for Action – October 2021 Periodically, the FATF publishes a list of countries that have significant strategic deficiencies in their national AML/CFT/CPF regimes. For the countries that are considered to be of high risk, all jurisdictions should apply enhanced due diligence or, in the most serious cases, apply
FATF: Jurisdictions under Increased Monitoring – October 2021
FATF: Jurisdictions under Increased Monitoring – October 2021 Periodically, the FATF publishes a list of countries of which strategical AML/CFT/CPF shortcomings have been identified. Whenever the FATF places a jurisdiction under increased monitoring, it means that the country has committed itself to mitigate the identified shortcomings within a certain timeframe. Within this timeframe, the country
DESIGNATION OF SANCTION LISTS
The FIU can publish designations pursuant to article 2, paragraph 1, section b of the Regulation Indicators Unusual Transactions. These designations pertain to the European Union (EU) and United Nations Security Council (UNSCR) sanction lists as well as sanction lists that have been imposed by the EU or the UNSCR and were subsequently implemented through
GEWIJZIGDE NATIONALE SANCTIELIJST
De Raad van de Europese Unie heeft ter uitvoering van artikel 2, derde lid van Verordening (EG) nr. 2580/2001 de reeds vastgestelde lijst van 5 februari 2021, Uitvoeringsverordening (EU) 2021/138, opnieuw geëvalueerd. De Raad heeft besloten dat de lijst geactualiseerd en ingetrokken moet worden. Dit besluit is neergelegd in de Uitvoeringsverordening (EU) 2021/1188 van 19
