Reporting unusual transactions to the FIU Curaçao is only possible by using the new portal. To be able to report to goAML, all reporting entities must first register in goAML

After completing registrations, you will find information on how to report in goAML in the goAML portal.

Questions about our new goAML reporting portal: goaml@fiucuracao.cw

Landsbesluit-goAML-meldportaal.pdf

WHY REPORT UNUSUAL TRANSACTIONS
To maintain the integrity of the financial system and to contribute to the combating of money laundering and financing of terrorism, anyone who renders financial or certain designated non-financial services by virtue of his profession or in the ordinary course of business is under the obligation to report unusual transactions to the FIU Curaçao.

It concerns all unusual transactions of which the service provider takes notice while rendering his service, whether executed or intended, and whether the service provider is a party to such transaction or not. This obligation to report to the FIU Curaçao exists independently of the fact that another party in the service chain has a similar obligation to report to the FIU Curaçao.

It concerns all unusual transactions of which the service provider takes notice while rendering his service, whether executed or intended, and whether the service provider is a party to such transaction or not.

This obligation to report to the FIU Curaçao exists independently of the fact that another party in the service chain has a similar obligation to report to the FIU Curaçao.

WHEN TO REPORT UNUSUAL TRANSACTIONS

Pursuant to the NORUT, all reports should be sent without delay to the FIU. The term “without delay” is interpreted as follows:

1. Regarding Objective Reports (Reports based on an objective indicator):
With the exception of the Banking Sector (in this paragraph to be interpreted as onshore banks, offshore banks, savings banks and the Central Bank of Curaçao and St Maarten CBCS), all reporting entities should send their unusual transaction reports within 48 hours after the transaction has been executed, or after there has been an intention for a transaction.
In individual cases the FIU might extend this time period to a maximum of 5 working days. A request for dispensation should be directed in writing to the FIU, stating the reasons for the extension.
The FIU will inform the respective reporting entity in writing of its decision within 24 hours.

At least 75% of all reports received by the FIU is received from the Banking Sector. Of this amount, approximately 80% are objective reports. It follows, that the Banking Sector has a higher workload than other reporting entities when reporting objective reports.
For the Banking Sector, the reporting period is 5 workdays, from the moment the transaction is executed or from the moment of an intention to execute a transaction. This time period can be extended to a maximum of 10 working days, depending on the amount of transactions.

2. Regarding subjective Reports (Reports based on a subjective indicator):
For all reporting entities, including the Banking Sector (as defined above under 1.), the time period between the execution of the transaction (or the intention to execute a transaction) and the moment the Compliance Officer receives the report, should not exceed 24 hours.
As of the moment that the Compliance Officer receives the transaction report, the Compliance Officer will have 10 working days to complete the relevant research with regard to a possible Money Laundering/Terrorism Financing ( ML/TF) situation.
If after the research period (maximum 10 working days), there is a suspicion of ML/TF, the Compliance Officer must report the transaction within 48 hours to the FIU.

In the case that the above-mentioned time periods are absolutely not feasible, the reporting entity will send a request for dispensation in writing to the FIU, stating the reasons for this extension.
The FIU will evaluate on objective grounds and inform the reporting entity in writing within 48 hours upon reception of the request of its decision.