Regulatory Alerts2020-04-08 | NBB_2020_14Added · Updated
Communication NBB_2020_14 / Communication COVID-19
The National Bank of Belgium extends the deadline for submitting the 2019 AMLCO annual activity report and replying to the 2020 periodic questionnaire on combating money laundering and terrorist financing from 30 June 2020 to 31 August 2020. This two-month postponement applies to all credit institutions, stockbroking firms, insurance companies, payment and electronic money institutions, and settlement institutions under its supervisory powers. The regulator encourages these entities to concentrate AML/CFT resources on detecting and reporting suspicious transactions linked to the surge in fraud and scams associated with the pandemic.