CTIF-CFI definition

CTIF-CFI the Belgian Financial Intelligence Processing Unit referred to in Article 76; 17° “ supervisory authorities”: the authorities referred to in Article 85; 18° “obliged entity”: an obliged entity as referred to in Article 5, §§ 1 and 4; 19° “obliged entity established in another Member State or in a third country”: an obliged entity which has a subsidiary, branch or other form of establishment in another Member State or in a third country, where it is represented on a permanent basis by agents or distributors; 20° “obliged entity governed by the law of another Member State”: an obliged entity as referred to in Article 2(1) of Directive 2015/849, which is subject to the legal and regulatory provisions of another Member State which transpose that directive;
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CTIF-CFI the Belgian Financial Intelligence Processing Unit referred to in Article 76; 17° “supervisory authorities”: the authorities referred to in Article 85; [17°/1 “competent authorities”: a public authority whose legal tasks include combating money laundering and terrorist financing or related predicate offences, the tax authorities, the public authorities in charge of seizing and confiscating criminal assets, the public authorities that receive information on the cross-border transportation or transfer of money or bearer negotiable instruments, CTIF-CFI and the supervisory authorities;]7 18° “obliged entity”: an obliged entity as referred to in Article 5, §§ 1 and 4; 19° “obliged entity established in another Member State or in a third country”: an obliged entity which has a subsidiary, branch or other form of establishment in another Member State or in a third country, where it is represented on a permanent basis by agents or distributors; 20° “obliged entity governed by the law of another Member State”: an obliged entity as referred to in Article 2(1) of Directive 2015/849, which is subject to the legal and regulatory provisions of another Member State which transpose that directive;
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Examples of CTIF-CFI in a sentence

  • Any document sent by CTIF-CFI to another FIU shall state that the information received may only be used for analytical purposes for which the information was requested or provided, and that any disclosure of this information to another authority, another agency or another department, or any use of this information for other purposes than those initially approved by CTIF-CFI requires prior consent from CTIF- CFI.

  • Any manager, employee, agent or distributor of an obliged entity referred to in Article 5, § 1, 1° to 22°, and 29° to 33°, as well as any employee or representative of an obliged entity referred to in Article 5, § 1, 23° to 28°, who is an obliged entity himself, shall nevertheless personally report the relevant information or intelligence to CTIF-CFI each time when the procedure referred to in the first subparagraph cannot be followed.

  • The supervisory authorities or, where appropriate, the authorities designated by other laws, the Minister of Finance and the Minister responsible for bpost shall inform CTIF-CFI of the administrative fines they have imposed pursuant to this Title and of any appeal in relation thereto and of the outcome thereof.

  • The obliged entities respond to the requests for additional information sent by CTIF-CFI, in accordance with Article 81, within the periods determined by CTIF-CFI.

  • Obligation to report suspicions and send additional information to CTIF-CFI Art.

  • In principle any information or intelligence referred to in Article 47 and 48 is reported to CTIF-CFI by the person(s) designated pursuant to Article 9, § 2.

  • The information and intelligence referred to in Articles 47, 48, and 66, § 2, third subparagraph, is reported to CTIF-CFI in writing or electronically, in accordance with its terms.

  • When the analysis referred to in paragraph 1 reveals a serious indication of ML/FTP, CTIF-CFI disseminates the information in question to the Public Prosecutor or the Federal Public Prosecutor.

  • CTIF-CFI also informs the Central Office for Seizure and Confiscation referred to in Article 80, § 3 when assets of significant value, of any nature, are available for a potential judicial seizure.

  • The King may, upon the advice of CTIF-CFI, determine by ▇▇▇▇▇▇, a list of obliged entities for which the reporting of information and intelligence referred to in the first subparagraph, is done exclusively online.