GOS Advisory 0001 2021 - FATF removes The Bahamas    GOS Advisory 0002-2021 - High Risk and Other Monitored Jurisdictions Identified by FATF February 2021    GOS Advisory 0003 2021 High Risk and Other Monitored Jurisdictions Identified by FATF June 2021

Our Mandate

The FIU’s mandate is to:

  • Receive and collect reports on suspicious and prescribed financial transactions and other information relevant to money laundering and terrorist financing activities;
  • Receive reports on the cross-border movement of large amounts of currency or monetary instruments;
  • Analyze and assess the information it receives;
  • Provide international law enforcement authorities with the financial intelligence that would be relevant to the investigation and prosecution of money laundering offences and terrorist financing offences;
  • Ensure that personal information under its control is protected from unauthorized disclosure;
  • Ensure compliance by financial intermediaries and other entities with their obligations under the FIU Act and the Money Laundering and Terrorism (Prevention) Act and Regulations;
  • Enhance public awareness and understanding of matters related to money laundering and terrorist financing