+49 (0) 89 45242970101 contact@sp-partners.de

§ 43 – Reporting Obligation of Obliged Entity

§ 43 – Reporting Obligation of Obliged Entity

§ 43 - Reporting Obligation of Obliged Entity

§ 43 – Reporting Obligation of Obliged Entity

(1) If facts exist which indicate that

  1. a financial asset which is linked with a buisness relationship, broker transaction or other transaction, orginates from a punishable offence of money laundering;
  2. a buisness transaction, transaction or financial assests is linked with terrorist financing
  3. the customer did not fulfil his obligation pursuant to to § 11 paragraph 6 sentence 3 to disclose to the obliged entity  whether he wants to establish, continue or carry out the buisness relationship or transaction for a beneficial owner

the obliged entity has to promptly report this matter to ther Central Office for Suspicious Transactions Reports irresprective of the value of the affected financial asset or the amount of the transaction.

§ 43 – Reporting Obligation of Obliged Entity

(2) In derogation from paragraph 1, obliged entities pursuant to § 2 paragraph 1 Number 10 and 12 are not obliged to report, if the matter subject to a reporting obligation is related to information which they have obtained in the frame of a client relationship subject to a secrecy obligation. However, the reporting obligation shall remain in effect, if the obliged entity knows that the customer used or uses the client relationship for purposes of money laundering, terrorist financing or another criminal offence.

§ 43 – Reporting Obligation of Obliged Entity

(3) A member of the senior management level of an obliged entity has to submit a report pursuant to paragraph 1 to the Central office for Suspicious Transactions Reports, if

  1. the obliged entity has a branch in Germany
  2. the matter to be reported is linked with the activity of the German branch.

(4) The obligation to pursuant to paragraph 1 does not exclude the voluntary character of a report of §261 paragraph 9 of the penal code.

(5) The Central Office for Suspicious Transactions Reports may, in agreement with the supervisory authorities, define type – casted transactions which always have to be reported pursuant to paragraph 1.

 

Further information about AML-CFT – German Version you find direct here:

 

Compliance & Geldwäschebeauftragter – § 43 – Reporting Obligation of Obliged Entity

Unsere Praxisseminare Geldwäsche und Fraud – BasisseminarGeldwäsche und Fraud – AufbauseminarGeldwäsche & Fraud – Update und Geldwäsche & Fraud – Forum verschaffen Ihnen einen umfassenden Überblick zu den aktuellen gesetzlichen Neuerungen und unterstützen Sie dabei, Geldwäsche- und Betrugsstrukturen zu erkennen, zu bewerten und rechtzeitig zu verhindern. In den Compliance-Seminaren wie ComplianceCompliance für VertriebsbeauftragteNeue Compliance-Funktion gemäß MaRisk oder auch Compliance im Fokus der Bankenaufsicht werden Ihnen die Ausgestaltung der Schnittstellen zwischen Compliance, Datenschutz, IT, Zentrale Stelle und Interner Revision näher gebracht. Auch die Mindestanforderungen zum Aufbau eines Gesamt-IKS werden hier beispielsweise näher erläutert.

Zudem haben Sie die Chance, nach Teilnahme der Seminare die Zertifizierungslehrgänge zum Compliance Officer, zum AML & Fraud Officer oder zum Geldwäsche-Beauftragter zu absolvieren.

Pin It on Pinterest