DMO software available for download
Articles 20 of Law 10/2010 of 28 April, on the prevention of money laundering and terrorist financing and 27 of its Regulation, approved by Royal Decree 304/2014 of 5 May, establish the obligation of reporting on a monthly basis certain operations to Sepblac. Systematic reports must be sent between the 1st and the 15th of each month and must include a relation of the operations carried out during the immediately previous month.
Likewise, in the event of no transactions susceptible to systematic communication, obliged subjects shall communicate this fact to Sepblac on a semi-annual basis. Thus, when an obliged subject has not reported any operation during the first semester of the year (from January 1 to June 30), it shall be communicated to Sepblac by submitting a negative report between July 1 and 15 following the end of the semester. Similarly, when no operation have been reported during the second semester of the year (from July 1 to December 31), a negative report must be sent between January 1 and 15 following the end of the semester.
In both cases, systematic report of operations must be sent electronically through the DMO software, for which the issue of a digital certificate is necessary. Version 3.0 of the DMO software and its instructions for use and installation are available from June this year for download in the Obliged subjects section of the website of Sepblac or in the following link:
Version 3.0 of the DMO software is the same that Sepblac has been distributing on CD support since February 2014. Those users who already have version 3.0 should not take any action. Installed version on your computer can be checked through the Ayuda > Acerca de… menu in your DMO software.
Notwithstanding the aforesaid, it is recalled that insurance brokers referred to in article 2.1 b) of Law 10/2010 of 28 April, financial advisory companies and obliged subjects referred to in paragraphs k) to y), inclusive, of article 2.1 of the same law are exempted from the obligation of systematic reporting. A list of obliged subjects can be consulted in the Obliged subjects section or by clicking in the following link:
List of obliged subjects bound by Law 10/2010 of 28 April