Guidance Note: How to register a reporting entity on goAML Web
Reporting entities are required to report suspicious transactions in a prescribed form to the Commissioner of Police. That prescribed form, and the means by which it must be submitted, is goAML Web.
All reporting entities must register with the Financial Intelligence Unit (FIU) before they can access goAML Web. If you do not register on the goAML Web, then you will not be able to file a suspicious transaction report (STR), when you need to. Failing to report a suspicious transaction may result in a fine of up to $300,000 and/or imprisonment of up to two years for individuals, and a fine of up to $5 million for entities.
This guidance note describes how reporting entities can register as a user of goAML Web.