Fiji’s Frontline in the Fight Against Financial Crime

The Fiji Financial Intelligence Unit (FIU) plays a crucial role in combating financial crime, including money laundering, terrorist financing, and other serious offenses in Fiji.

Establishment and Mandate

Established by the Financial Transactions Reporting Act of 2004, the FIU is responsible for collecting, analyzing, and disclosing financial information and intelligence. As part of its mandate, the agency oversees compliance with the FTR Act by various entities, including:

• Financial institutions
• Banks
• Foreign exchange dealers
• Money transfer agents
• Real estate agents

Intelligence Gathering and Sharing

The FIU plays a vital role in intelligence gathering, providing insights that help law enforcement agencies track down criminal networks and disrupt their operations. The agency’s expertise enables it to identify emerging trends and threats in money laundering and other serious offenses in Fiji.

Reports and Guides for Financial Institutions

In addition to its law enforcement functions, the FIU publishes annual reports and guides for financial institutions, providing them with critical information on compliance requirements and best practices.

Preventing and Detecting Financial Crime

The agency’s efforts are focused on preventing and detecting money laundering, terrorist financing, and fraudulent activities. To achieve this, it works closely with other government agencies and international partners to stay ahead of emerging threats.

Contact Information

For more information on the FIU’s work and how financial institutions can comply with the FTR Act, readers can visit the agency’s website or contact them directly:

• Fiji Financial Intelligence Unit
  • Address: Tower Level 5, RBF Building, Pratt Street, Suva, Fiji
  • Phone: + (679) 322 3333
  • Fax: + (679) 331 6454
  • Email: info@fijifiu.gov.fj

Copyright Notice

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