As a CASP in Poland...
- Admin
- Mar 28, 2024
- 1 min read
As a CASP in Poland, you become an obliged institution covered by the web of AML/CFT compliance requirements. Some of them require reporting to Polish financial intelligence unit - General Inspector of Financial Information in Poland - GIIF. But in order to report anything via the GIIF IT system, first and foremost you should remember to submit an initial form identifying your CASP and after that, you should remember to update this form in the event of any changes.
Some of the reporting done through the GIIF IT system include:
providing information regarding above-threshold transactions, on the basis of Art. 72 of the Polish AML Act
reporting suspicions of money laundering or terrorist financing, on the basis of Article 74, 86 and 90 of the Polish AML Act
submitting quarterly reports to GIIF, which is an obligation introduced by GIIF in September 2023, on the basis of Article 76 of the Polish AML Act 📋
submitting or making available any other information or documents at the request of GIIF, as stipulated in Article 76 of the Polish AML Act
Remember that our team can assist you in ensuring the form is submitted and in fulfilling the reporting obligations – please feel free to reach out to us.