The UIF has published its second newsletter of 2022, containing a brief outline of the activities carried out in the second half of 2021.
In that timeframe, the Unit received 69,401 STRs, 15.2 per cent more than in the second half of 2020, continuing the constant rise recorded during the year.
In the second part of the year, the UIF issued 10 suspension orders, for a total amount of €3.8 million.
The exchanges with the judicial authorities and with other FIUs increased as well.
With the restrictions put in place due to the pandemic gradually being lifted, seven on-site inspections were initiated, also involving some non-financial operators that had never been inspected before. Moreover, four delocalized inspections started, concerning intermediaries granting COVID-19-related financial aid.
Decree Law 157 was issued in November, which compelled obliged entities to refrain from acquiring tax credits, should they detect elements that would require them to file a suspicious transaction report (provision converted into Law 234/2021, known as the Budget Law).
