Pursuant to Transitory Article Two of the Federal Law for the Prevention and Identification of Transactions with Funds from Illegal Sources (Regulations), the obligations regarding the filing of notices by those who carry out the "Vulnerable Activities" referred to in article 17 of the Federal Law for the Prevention and Identification of Transactions with Funds from Illegal Sources (Law), as well as the restrictions to use cash, became effective 60 days after the effective date of the above-mentioned Regulations.
On the other hand, article 23 of the Law sets forth that those who carry out "Vulnerable Activities" shall file the corresponding notices with the Ministry of Finance and Public Credit no later than on the 17th day of the month following the date when the transaction giving rise to the notice was carried out.
We have been informed that those taxpayers obligated to file these notices have recently experienced multiple technical problems trying to enter the Anti-Money Laundering Portal in the Tax Administration Service website, either to register and/or to file the corresponding notices.
In this regard, we reproduce below a message that was published on November 15th, whereby the authority informs that, due to adjustments in the portal system, the term to file the above-mentioned notices is extended to December 17, 2013.
Click here to view text box.
This has also been confirmed with the authorities of the Financial Intelligence Unit; therefore, all those taxpayers who must file these notices may do so by December 17, 2013.