On Apr. 24, ITA CB extended deadlines for non-financial operators.
ITA CB notice on new AML reporting deadline for non-financial operator cash manager.
Overview
Temporary measures to facilitate performance of activities of supervised non-financial operators cash handlers, registered in art 8 list of DL 350.2001, for money laundering.
As such it granted extension until Sep. 30, 2020 to send first report for purposes of money laundering and TF (art 23 of provision of Apr. 23, 2019) regarding Q2 2020.
Deadline for compliance with AML function report (which includes risk self-assessment for 2019) as per art 19 of provision of Apr. 23, 2019 also extended to the same date.
Effectiveness
New deadline for AML reporting obligations has been scheduled for Sep. 30, 2020.
ITA CB will continue to monitor situation's evolution and take further action, if needed.
Jul. 2020 Update
On Jul. 8, 2020, ITA CB issued release reminding firms of reporting deadline, etc.
Re Q2 2020 data, reports must be received by Sep. 30, 2020; functionality available on Cash Portal from Jul. 13 to send data re withdrawals (RIT file), grants (SOV file).
Only non-financial operators registered in cited list by Mar. 31 are required to report.
Operating manual available to assist fulfillment of mentioned obligations for periodic AML reporting, portal case studies facilitate checks on correctness of data to report.
Oct. 2020 Q3 Data Submission
On Oct. 1, 2020, ITA CB published release issued in Sep. 2020 re data submission.
As regards data for Q3 2020 reports must be received by Oct. 30, 2020.
Forwarding functions will be made available on cash portal from Oct. 1, 2020.
For data relating to withdrawals (RIT file) and grants (SOV file).
Only non-financial operators registered in list by Jun. 30, 2020 must submit data.
To support reporting entities ITA CB reminds more information is available in Operating Manual for periodic reports for anti-money laundering purposes (available online).
Mar. 2021 Reporting Q1 2021 Data
On Mar. 25, 2021, ITA CB issued reminder for Q1 2021 AML cash handlers reporting.
Per prov of Apr. 2019 non-financial operators managing cash registered on the list are required to send quarterly data on cash handling i.e. banknotes withdrawn.
Subsidized at bank branches, postal offices, at operating large distribution points, etc.
Data for Q1 2021 must be received by Apr. 30; thus from Apr. 1 forwarding functions to be enabled on ITA CB Cash Portal for data re withdrawal (RIT file), grant (SOV file).
Refers reader to Operations Manual for periodic reports for AML purposes; further clarifications or information can be requested at email address provided.
Jun. 2021 Reporting Q2 2021 Data
On Jun. 23, 2021, ITA CB issued communication on deadline to report information.
Non-financial cash operators registered on list must send quarterly data on activity of handling banknotes withdrawn and subsidized at bank branches and post offices.
Also at large-scale distribution operating points as well as management of banknotes withdrawn and subsidized on behalf of another cash operator or the same operator.
With reference to information re Q 2 2021, reports must be received by Jul. 30, 2021.
Forwarding functions will be made available on Cash Portal from Jul. 1, 2021 for data re withdrawals (RIT file), grants (SOV file); Operating Manual provides more guidance.
Oct. 2021 Q3 Data Submission Date
On Oct. 4, 2021, ITA CB issued note of Sep. 2021 on cash manager AML reporting.
Reports with reference to data for Q3 2021 must be received by Oct. 29, 2021.
From Oct. 1, 2021 functions to forward data relating to withdrawals (RIT file) and grants (SOV file) will be made available on ITA CB Cash Portal.
Apr. 2022 Q1 Data Submission Date
On Apr. 1, 2022, ITA CB announced deadline to submit data re Q1 by cash managers.
Per provision of Apr. 2019, non-financial operators managing cash registered on the list are required to send data on banknotes withdrawn from circulation or subsidized.
At bank branches, postal offices, at operating points of large distribution, also on those withdrawn or subsidized at bank counters of another operator or of the same operator.
Re Q1 2022 reports must be received by Apr. 30, 2022; from Apr. 1, 2022 functions to forward withdrawals (RIT file), grants (SOV file) will be available on the Cash Portal.
Refers to Operating Manual for Periodic Reports for Anti-Money Laundering Purposes.
Jun. 2022 Q2 Data Submission Date
On Jun. 28, 2022, ITA CB announced deadline for cash managers to submit Q2 data.
Reports must be received by Jul. 31, 2022; forwarding function will be available on the cash portal on Jul. 1 for data relating to withdrawals (RIT file) and grants (SOV file).
Sep. 2022 Q3 Data Submission Deadline
On Sep. 26, 2022, ITA CB announced deadline for cash managers to submit Q3 data.
Reminds of Operating manual for periodic reports for anti-money laundering purposes.
From Oct. 1, 2022, the functions for forwarding the data relating to withdrawals (RIT file) and grants (SOV file) will be available; reports must be received by Oct. 31, 2022.
Dec. 2022 Q4 Data Deadline
On Dec. 19, 2022, ITA CB issued information on deadline to submit Q4 required data.
Reports must be received by Jan. 31, 2023; from Jan. 2, 2023, functions to send data will be made available on Cash Portal for withdrawal (RIT file) and subsidies (SOV file).
Operating manual on periodic reports for AML purposes is available to assist with this.
Jun. 2023 Q2 2023 Report Deadline
On Jun. 16, 2023, ITA CB issued reminder for reporting entities re data for Q2 2023.
Reports must be received by Jul. 31, 2023; from Jul. 3, 2023, functions for forwarding will be made available on Cash Portal for withdrawals (RIT file) and subsidies (SOV file)
Operating manual for AML periodic reports is available online; any further clarifications or information may be requested at email address provided.
Jan. 2024 Q4 2023 Report Deadline
On Jan. 2, 2024, ITA CB communicated deadline to forward information re Q4 2023.
Non-financial operators managing cash registered in list of art 8 of Decree 350/2001 are required to send quarterly data on their banknote processing activity.
Re withdrawn, subsidized banknotes at bank branches and post offices, at large-scale retail outlets plus banknotes withdrawn at counters of another operator/same operator.
For Q4 2023 data, reports must be received by Jan. 31, 2024; on Jan. 2, 2024 function to forward data re withdrawals (RIT file) and grants (SOV file) to ITA CB to be enabled.
To assist Operating Manual for periodic reports for AML purposes is available online.
Jul. 2024 Q2 2024 Deadline
On Jul. 2, 2024, ITA CB updated on dates to submit reporting files for Q2 2024.
Reports must be received by Jul. 31, 2024; from Jul. 1, 2024 forwarding functions will be made available in Cash Portal for data re withdrawals (RIT file), grants (SOV file).
Dec. 2024 Q4 2024 Reporting
On Dec. 27, 2024, ITA CB issued communication to non-financial operators handling cash on start of periodic quarterly reports via Cash Portal CASH-IT re Q4 2024.
Reports must be received by Jan. 31, 2025; from Jan. 2, 2025 functions for forwarding data re withdrawals (RIT file), subsidies (SOV file) will be made available in the portal.
Operating Manual for periodic reporting for anti-money laundering purposes available to assist in carrying out the said obligations; clarifications can be requested by email.
Regulators
ITA CB
Entity Types
Corp; MSB
Reference
Com 12/27/2024; Com 7/2/2024; Com 1/2/2024; Com 6/16/2023; PR 12/19/2022; PR 9/26/2022; PR 6/28/2022; PR 4/1/2022; PR 10/4/2021; PR 6/23/2021; PR 3/25/2021; PR 10/1/2020; PR 7/8/2020; PR 4/24/2020; Prov 4/23/2019; DL 350/2001; COVID-19
