FIU | MOT

FIU | MOT

The Financial Intelligence Unit of Aruba (FIU) founded on March 1, 1996 is an independent and autonomous government body. It is the national reporting center for the receipt and analysis of unusual transaction reports, submitted by the service providers (the reporting entities). One of the tasks of the FIU is the receipt and dissemination of information and financial intelligence relevant to money laundering, associated predicate offenses, terrorist financing and the financing of proliferation.

Reporting obligation

Pursuant to the State Ordinance for the Prevention and Combating of Money Laundering and Terrorist Financing (AML/CFT State Ordinance) (AB 2011 no. 28), financial institutions as well as designated non-financial businesses or professions are required to report unusual transactions, possibly related to money laundering and/or terrorist financing.

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Task

An important task of the FIU is to collect, register, process and analyze data obtained in order to determine whether this data may be relevant for the prevention, detection and combating of crimes; in particular money laundering, terrorist financing, proliferation of weapons of mass destruction, and associated predicate offenses.

Objective

It is our legal responsibility to make an essential contribution to safeguard the integrity of the financial sector, to maintain public confidence in the companies and institutions that provide financial services and for purposes of both, national and international security.