Reporting Requirement for Cash Restriction Breach and ML/FT

As of 1st January 2024 a significant change concerning reporting requirements has been introduced with respect to goAML. When there is an element of cash restriction breach and Money Laundering/Financing of Terrorism (ML/FT), two separate reports must be submitted via goAML under their respective report type. Essentially, an SCRBR highlighting the cash breach and an STR/SAR indicating the suspicious ML activity. Apart from that, it is imperative to include the respective report indicator Internal 09, on STR/SAR report type only. 

A guidance document addressing the New Report Type on goAML: Suspicion of Cash Restriction Breach Report (SCRBR) has been released by the Financial Intelligence Analysis Unit (FIAU).

New Technical Package Schema

The FIAU also shared the updated technical package schema, incorporating improvements to enhance the accuracy and efficiency of reporting.

Any questions or requests for clarification are to be addressed to goamlsupport@fiaumalta.org.

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