The Centrale Bank van Aruba (CBA) has issued a revised version of its Handbook for the prevention and detection of money laundering and financing of terrorism (AML/CFT Handbook). Effective January 1, 2020, it replaces the AML/CFT Handbook of June 1, 2011, as well as the Guidance Notes for designated non-financial service providers of June 30, 2011.

As of January 1, 2020, the AML/CFT Handbook applies to all financial service providers and all designated non-financial service providers, as defined in section 1 of the AML/CFT State Ordinance, which include, among others: 

  • Banks;
  • Credit Unions;
  • Life Insurers;
  • Pension Funds;
  • Money Transfer Companies;
  • Trust Service Providers;
  • Insurance Brokers;
  • Casinos;
  • Lawyers; 
  • Notaries;
  • Tax advisors; 
  • Accountants; 
  • High value dealers (e.g. Jewelers, Car dealers);
  • Real Estate Agents.

The revised version is available on the CBA’s website under the heading “Supervision”: 

The AML/CFT Handbook should always be read in conjunction with the official text of the AML/CFT State Ordinance (in the Dutch language). 

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