Author Archives: FIU-Aruba

FATF statement The Financial Action Task Force (FATF) regularly 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 countermeasures in order to protect the

  The following amendment to the sanctions regime has recently been implemented:   Interim Sanction Decree Priority Sanction Regimes (AB2024 no.19): In the interest of the international legal order and the Kingdom’s foreign policy Annex I of the Interim Sanction Decree Priority Sanction Regimes is updated with: EU Regulation 2024/287 and Decision (CFSP) 2024/254, both

Amendments to the sanctions regime have recently been implemented:   Interim Sanction Decree Priority Sanction Regimes (AB2024 no.17): Inclusion of a humanitarian exemption. Amendment to Annex I to include Sudan and Niger   Decree to amend the Sanction Decree Cyber Attacks (AB2024 no.18): Inclusion of a humanitarian exemption. Amendments to the Sanction Decree Human Rights

Effective 21 November 2023, all financial and non-financial service providers are required to include a reference to “Opschorting” in the description of a subjective unusual transaction report (indicators 130201 and 130202) regarding a transaction that is eligible for suspension (opschorting). Currently, the instruction is only available in Dutch. An unofficial translation will be published at

Following the attacks that were executed by the Hamas on 7 October 2023 on Israel, the situation in the Middle-Eastern region has escalated. A former leader of the Hamas has called upon the Muslim world to protest on Friday 13 October 2023 in support of the Palestinians and to escalate the response to Israel by

FIU-Aruba has published a guidance document on its website: Red flags: Money Laundering, Terrorist Financing, Proliferation Financing & Associated Predicate Offences (Red flags: Witwassen, Terrorismefinanciering, Proliferatiefinanciering & Gerelateerde Misdrijven) Currently, the guidance document is only available in Dutch. An unofficial translation will be published at a later moment.

FIU-Aruba has published a new guidance document on its website: Sanctions and the reporting obligation: An Explanation in Understandable Language (Sancties en de Meldplicht: Uitleg in Begrijpelijke Taal) Currently, the guidance document is only available in Dutch. An unofficial translation will be published at a later moment.

  Effective 21 September 2023, and until further notice, all financial and non-financial service providers are required to report subjective unusual transactions related to proliferation financing under indicator 130202 (subjective indicator for terrorist financing). Additionally, all financial and non-financial service providers must include a reference to “Proliferatie” in the description of the report. Currently, the

FIU-Aruba reiterates the importance that service providers stay abreast of the public statements that are published on the website of the Financial Action Task Force (FATF) in relation to jurisdictions that are under increased monitoring and high-risk jurisdictions subject to a call for action. Responsibility of service providers in relation to jurisdictions that are under