search_api_autocomplete

Belgian Audit Oversight Board

Constantly improving audit quality

Home

Combating money laundering and terrorist financing

The Law of 18 September 2017 (available in French - Dutch) imposes various obligations on auditors aimed at preventing, detecting and combat transactions involving money laundering and terrorist financing (ML/FT).

The Belgian Audit Oversight Board has been designated as the Belgian competent authority to supervise compliance by auditors with ML/FT obligations.

 

BAOB’s positions
30 May 2024 - Time of the identification and the verification of the identity of the client and of the client’s beneficial owners and agents(pdf - 545.85 KB)
Files
AML Recommendation of 9 November 2023 - Money laundering typologies – Atypical transactions(pdf - 479.34 KB)
Files
AML Recommendation of 5 October 2023 - Time of the identification and verification of the identity(pdf - 592.09 KB)
Files
AML Recommendation of 7 September 2023 – Trainee auditors(pdf - 583.44 KB)
Files
Sectoral risk analysis of ML/FT 2022(pdf - 1.03 MB)
Files
Notifications
Typologies of money laundering schemes identified by CTIF/CFI
The CTIF-CFI will, as from 30 September 2024, accept suspicious transaction reports exclusively via the “goAML” application(pdf - 593.14 KB)
Files
FATF – Guidance for a risk based approach : Accounting Profession – June 2019(pdf - 1.04 MB)
Files
National Bank of Belgium ML/FT webpage
FSMA ML/FT webpage