Prescribed Transactions Reporting (PTR) Frequently Asked Questions

Prescribed Transactions Reporting (PTR) Frequently Asked Questions

Date Published: 
January 2018

The Frequently Asked Questions in this document are specific to Prescribed Transactions Reporting (PTR).

The new Anti-Money Laundering and Countering Financing of Terrorism (Prescribed Transactions Reporting) Regulations 2016 introduce new requirements for reporting entities to report “prescribed transactions” to the Financial Intelligence Unit (FIU).

From 1 November 2017, reporting entities must submit PTRs to the FIU.