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Animated film for insurance intermediaries – Know the warning signs of money laundering

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In recent years, the FSMA has reinforced its supervision in the struggle against money laundering and the financing of terrorism.

In the course of its supervision, the FSMA has noticed that some non-tied insurance intermediaries active in life insurance did not meet their obligations in this regard because of a lack of knowledge about or a misunderstanding of the legislation.

In addition to its many publications about this subject, the FSMA wishes to support insurance intermediaries in an innovative way via animated films that convey the main messages of the legislation.

The first animated film is ready and is available on the website of the FSMA.

This first film is intended to alert insurance intermediaries to the fact that they could fall victim to a money laundering or terrorist financing network. The film does so by drawing their attention to certain situations in which they should request additional information and, if necessary, file a report with the Belgian Financial Intelligence Processing Unit (CTIF/CFI).

In the coming months, additional animated films will be posted. They will address topics in the money laundering legislation in which the FSMA has noticed that not all intermediaries are sufficiently well versed.

View the animated film… (available in French or Dutch only)

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Regulator Information

Abbreviation: FSMA
Jurisdiction: Belgium

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