Exemption from the reporting obligation

The Head of FIU-Aruba has decided to exempt the reporting obligation of transactions reported under the objective indicators, concerning the deposits of confiscated/seized funds into designated bank accounts.
This decision has been taken based on the conclusion that such transactions present a low risk of money laundering or terrorist financing. The nature of these deposits—being court-ordered or law enforcement-related, and processed through clearly identified and controlled channels—supports the risk-based approach.
It is important to note that this exemption applies solely to the objective indicators. The obligation to report unusual transactions under the subjective indicators remains fully applicable and unchanged.

FIU-Aruba encourages continuous vigilance and the application of sound judgment when assessing transactions that may be indicative of money laundering or terrorist financing