Prescribed Transactions Reporting (PTR) Frequently Asked Questions
Date Published:
June 2024
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.