CPC declaration widened to include account balances as from 2022

From the beginning of 2022, financial institutions operating in Belgium must submit additional information to the ‘Central Point of Contact for Accounts and Financial Contracts-foreign accounts’ (CPC):

  • bank and current account balances on 30/06 and 31/12,
  • aggregate amounts held under investment contracts and related contracts on 30/06 and 31/12, and
  • aggregate sums in life insurance policies on 31/12. 

This extra reporting requirement is part of the fight against money laundering, financing of terrorism and serious crime, as well as tax evasion.


Credit and payment institutions, electronic money institutions, stock exchange companies and insurance companies have until 31 January 2022 at the latest to submit the following information to the CPC:

  • the balances held in bank and payment accounts and the aggregate amounts under investment contracts and related contracts, recorded on 31/12/2020, 30/06/2021 and 31/12/2021;
  • aggregate amounts under insurance contracts, recorded on 31/12/2020.

Insurance companies then have until 31 March 2022 at the latest to notify the CPC of the aggregate amounts held under insurance contracts recorded on 31/12/2021.

Subsequently, these financial institutions (“reporting agents”) will have to send this data to the CPC twice a year: 

  • by 31 July for the situation on 30 June and;
  • by 31 January for the situation on 31 December.

In the case of life insurance contracts, the deadline is 31 March (for the situation on 31 December).


Given the timing for reporting the data, consultation of the balances and aggregate amounts will not be possible before February 2022 at the earliest

Privacy protection

The data in the CPC are stored with respect for privacy and confidentiality. Both European and Belgian privacy laws are strictly observed.

Any person in whose name information is recorded in the CPC may request access to the data relating to them.

Context and developments

The CPC has been centralising data on the accounts and financial contracts by private individuals and businesses in Belgium since 2011, when the National Bank of Belgium (NBB) was put in charge of managing this information. Since 2013, the CPC has also centralised information on the accounts that Belgian residents hold abroad.

Since it was set up, the CPC has been expanding constantly. This expansion has followed economic needs and technological developments. But also, and above all, needs of the authorities empowered by law to consult the CPC as part of their general interest mission ("parties entitled to access the information") have been key to its development. These include the Federal Public Service Finance and Justice, notaries (in the context of successions) and the Financial Intelligence Processing Unit.

Credit and payment institutions, electronic money institutions, stock exchange companies, insurance companies, leasing companies, professional lenders and Bpost are legally obliged to pass on information on domestic accounts and financial contracts to the CPC. The legislation defines them as "registrants".

Furthermore, Belgian taxpayers also have to inform the CPC themselves about any accounts they hold abroad.

The extended CPC declaration requirement as from 2022 stems from the Programme Law of 20 December 2020 and the Royal Decree of 6 June 2021

More information about the mended CPC declaration (only available in Dutch or French).