# FATF R.20 — Reporting of suspicious transactions - **Part of:** [[FATF Recommendations]] A financial institution that suspects, or has reasonable grounds to suspect, that funds are proceeds of criminal activity or related to terrorist financing must be legally required to report its suspicions promptly to the financial intelligence unit (FIU). The obligation is direct and mandatory, covers attempted as well as completed transactions, and applies regardless of the transaction amount; an indirect or implicit reporting duty triggered only by fear of prosecution is not acceptable. ## Keyed AMLR articles - [[AMLR Art. 69 - Reporting of suspicions|AMLR Art. 69]] — Reporting of suspicions - [[AMLR Art. 70 - Specific-entity reporting|AMLR Art. 70]] — Specific-entity reporting - [[AMLR Art. 71 - Refraining from transactions|AMLR Art. 71]] — Refraining from transactions ## Swiss counterparts - [[StGB Art. 305ter - Lack of due diligence and right to report|StGB Art. 305ter]] — R.20 requires a mandatory duty to report; in Switzerland that is GwG Art. 9, while StGB Art. 305ter Abs. 2 adds a right to report. *(related)* - [[GwG Art. 9 - Duty to report (to MROS)|GwG Art. 9]] — GwG Art. 9 is the mandatory duty to report to MROS on knowledge or reasonable suspicion; Abs. 1 Bst. b also covers negotiations broken off because of a suspicion. *(direct)* - [[GwG Art. 37 - Violation of the duty to|GwG Art. 37]] — GwG Art. 37 fines wilful or negligent breach of the Art. 9 reporting duty. *(related)* - [[GwV-FINMA Art. 25a - Decision-making authority on reporting|GwV-FINMA Art. 25a]] — GwV-FINMA Art. 25a sets who inside the intermediary decides to file a report to MROS. *(related)* ## Authoritative text > [!quote]- FATF Recommendation 20 — text of the Recommendation (FATF Recommendations, updated June 2026); interpretive note not reproduced > **20. Reporting of suspicious transactions** > If a financial institution suspects or has reasonable grounds to suspect that funds are the proceeds of a criminal activity, or are related to terrorist financing, it should be required, by law, to report promptly its suspicions to the financial intelligence unit (FIU).