{"id":2262,"date":"2025-06-20T08:42:35","date_gmt":"2025-06-20T08:42:35","guid":{"rendered":"https:\/\/support.flexado.com\/what-is-the-aml-2\/"},"modified":"2025-06-24T14:47:32","modified_gmt":"2025-06-24T14:47:32","slug":"what-is-the-aml-2","status":"publish","type":"post","link":"https:\/\/support.flexado.com\/en\/what-is-the-aml-2\/","title":{"rendered":"What is the AML?"},"content":{"rendered":"<p class=\"p1\">The <span class=\"s1\"><b>WWFT (Wet ter voorkoming van witwassen en financiering van terrorisme)<\/b><\/span> is a Dutch law that requires organizations to take measures against financial-economic crime. Consider: <\/p>\n<ul>\n<li>\n<p class=\"p1\">Laundering of criminal money<\/p>\n<\/li>\n<li>\n<p class=\"p1\">Financing terrorism<\/p>\n<\/li>\n<li>\n<p class=\"p1\">Use of sham structures to hide ownership or money flows<\/p>\n<\/li>\n<\/ul>\n<p class=\"p1\">The WWFT applies to, among other things:<\/p>\n<ul>\n<li>\n<p class=\"p1\">Banks and insurers<\/p>\n<\/li>\n<li>\n<p class=\"p1\">Notaries and accountants<\/p>\n<\/li>\n<li>\n<p class=\"p1\"><b>Domicile providers such as Flexado<\/b><\/p>\n<\/li>\n<\/ul>\n<p class=\"p1\">As a service provider in virtual offices and business mailing addresses, Flexado falls <span class=\"s1\"><b>under the supervision of the tax authorities and the WWFT supervisory office.<\/b><\/span>. This means that we are obliged to: <\/p>\n<ol start=\"1\">\n<li>\n<p class=\"p1\"><b>Conduct customer research (KYC \/ Know Your Customer).<\/b><b><\/b><\/p>\n<\/li>\n<li>\n<p class=\"p1\"><b>Identify UBOs (ultimate interested parties)<\/b><b><\/b><\/p>\n<\/li>\n<li>\n<p class=\"p1\"><b>Report unusual transactions to the FIU (Financial Intelligence Unit Netherlands)<\/b><b><\/b><\/p>\n<\/li>\n<li>\n<p class=\"p1\"><b>Keep records current (recurring compliance)<\/b><\/p>\n<\/li>\n<\/ol>\n<p class=\"p1\">Learn more:<\/p>\n<p class=\"p1\"><a href=\"https:\/\/www.rijksoverheid.nl\/onderwerpen\/witwassen-en-financiering-van-terrorisme\">About the WWFT &#8211; Central Government<\/a><\/p>\n<p class=\"p1\"><a href=\"https:\/\/www.belastingdienst.nl\/wps\/wcm\/connect\/nl\/ondernemers\/content\/toezicht-wwft\">WWFT supervision &#8211; Tax authorities<\/a><\/p>\n"},"excerpt":{"rendered":"<p>The WWFT (Wet ter voorkoming van witwassen en financiering van terrorisme) is a Dutch law that requires organizations to take measures against financial-economic crime. Consider: Laundering of criminal money Financing&#8230;<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[190],"tags":[],"class_list":{"0":"post-2262","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-compliance-en"},"_links":{"self":[{"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/posts\/2262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/comments?post=2262"}],"version-history":[{"count":1,"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/posts\/2262\/revisions"}],"predecessor-version":[{"id":2263,"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/posts\/2262\/revisions\/2263"}],"wp:attachment":[{"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/media?parent=2262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/categories?post=2262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/support.flexado.com\/en\/wp-json\/wp\/v2\/tags?post=2262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}