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Topic Anti-money laundering Suspicious Transaction Reporting System

German Financial Intelligence Unit (FIU)

Persons and companies subject to money laundering provisions are required to follow up on such transactions or business relationships. If, inter alia, they discover facts indicating that an asset related to a business relationship or transaction originates from a criminal act that could constitute a predicate offence of money laundering or a business transaction related to terrorist financing, such suspicions must be notified to the German Financial Intelligence Unit (Zentralstelle für Finanztransaktionsuntersuchungen)

For further information on this obligation reference is made to section 43 of the Anti-Money Laundering Act and Chapter 10 of the corresponding information in BaFin´s “Interpretative and applications guidance".

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