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§ 47 – authority to issue regulations

§ 47 – authority to issue regulations

§ 47 - authority to issue regulations

§ 47 – authority to issue regulations

(1) An oblied entity may not disclose to the customer concerned, the principal of the transaction or to other third parties

  1. an intention to submit or the submission of a report pursuant to §43 paragraph 1;
  2. an investigation procedure that was initiated on the basis of a report pursuant to §43 paragraph 1, and
  3. a request for information pursuant to §30 paragraph 3 sentence 1.

§ 47 – authority to issue regulations

(2) The prohibition does not apply to a disclosure of information

  1. to stately entities;
  2. bewtween obliged entities which are part of the same group;
  3. between obliged entities pursuant to §2 paragraph 1 Number 1 to 3 and 6 to 8 and their subordinated group undertakings in third states, to extent that the group is subject to a group program pursuant to §9;
  4. between obliged entities pursuant to § to paragraph 1 Number 10 to 12 from Member State of the European Union or from third states in which the requirements to a system for prevention of money laundering and terrorist financing correspond with those of Directive (EU) 2015/849, to the extent that the respective persons purport their professional activity

a) on a self employed basis;

b) as employees in the same legal person, or

c) as employees in a structure that has a joint owner or a joint senior management or a has a joint control with respect  to compliance with the provisions for prevention of money laundering or terrorist financing;

§ 47 – authority to issue regulations

5. between obliged entities as defined in §2 paragraph 1 Number 1 to 3, 6, 7, 9, 10 and 12 in cases related to the same customer and the same transaction, in which two or more obliged entities are involved, if

a) the obliged entities have their registered office in a Member State of the European Union or in a third state in which the requirements to a system for money laundering and terrorist financing correspond with the requirements of Directive (EU) 2015/849;

b) the obliged entities belong to the same professional category, and

c) comparable obligations apply to the obliged entities with respect to professional secrecy and the protection of personal data.

Information disclosed pursuant to sentence 1 Number 2 to 5 may exclusively be used for the purpose of prevention of money laundering or terrorist financing.

(3) To the extent not otherwise regulated in this Act or other laws, stately entities other than the Central Office for Suspicious Transactions Reports, which have gained knowledge of a report submitted pursuant to § 43 paragraph 1, may not disclose this information to

  1. the customer of the obliged entity;
  2. the principial of the transaction;
  3. the beneficial owner;
  4. a person who was appointed by one of the persons referred to in Numbers 1 to 4.

A disclosure of this information to these persons is only admissible if the Central Office for Suspicious Transactions Reports has given its previous consent.

(4) If obliged entities as defitoned in pursuant to §in paragraph 1 Number 10 to 12 seek to dissuade a client from engaging in illegal activity, this shall not be deemed as disclosure of information.

(5) Obliged entities pursuant to §2 paragraph 1 Number 1 to 9 may mutually share information other than that the information referred to in paragraph 1 on concrete matters containing conspicicuities or unusal features indicating money laundering, one of its predicate offences or terrorist financing, if they may assume that this information is needed by other obliged entities for

  1. the risk assessment of a corresponding or similar transaction or buisness relationship, or
  2. the assessment whether a report pursuant to § 43 paragraph 1 or a legal complaint pursuant to §158 of the Code of Criminal Procedure should be lodeged.

The information may also be shared by use of data basis are operated by the obliged entities as defined in §2 paragraph 1 to 9 or by third parties. The information disclosed may exclusively be used for the purpose of prevention of money laundering, its predicate offences or terrorist financing and only under the conditions predetermined by the communicating obliged entities.

(6) The Federal Ministry of Finance in may, in agreement with the Federal Ministry of Justice and Consumer Protection and the Federal Ministry of Economy and Energy by means of a regulation not requiring the Bundesrats consent, issue further regulations to which no information may be disclosed with respect to obliged entities from third states with increased risk pursuant to Article 9 of Directive (EU) 2015/849.

Compliance & Geldwäschebeauftragter – § 47 – authority to issue regulations 

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.

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