Source: https://sp-consulting.co.uk/%C2%A7-45-form-of-reporting/
Timestamp: 2019-06-25 16:27:46
Document Index: 499168121

Matched Legal Cases: ['§ 45', '§ 43', '§ 44', '§ 44', '§43', '§ 44', '§ 45']

§ 45 - Authority to Issue Regualations
(1) The report pursuant to § 43 paragraph 1 or § 44 has to be made electronically. In case of disruption of electronic data communication, communication by mail is admissible. Reports pursuant to § 44 are also binding for the public authorities of the German Federal States which perform supervision due to the particular desire for a uniform data communication procedure.
(2)Upon request, the Central Office for Suspicious Transactions Reports may waive, for avoidance of undue harship, the requirement of electronic communication of a report by an obliged entity and approve communication by mail. A time limit may be set for the exception.
(3) The official form has to be used for communication by mail.
(4) The Federal Ministry of Finance may, by means of a Regulation not requiring the Bundesrats consent, issue regulations in more detail on the form of reports pursuant to §43 paragraph 1 or § 44. Any derogation from paragraph and the regulations of a regulation pursuant to sentence 1 by a law of a German Federal State is inadmissible.
Compliance & Geldwäschebeauftragter – § 45 – Authority to Issue Regualations