Financial Intelligence Unit Takes Centre Stage in Wallis and Futuna

Combating Money Laundering and Terrorist Financing

The Financial Intelligence Unit (FIU) of Wallis and Futuna has emerged as a crucial institution in the fight against money laundering, terrorist financing, and related financial crimes. Established under the country’s laws, the FIU plays a pivotal role in receiving, analyzing, and disseminating financial information to law enforcement agencies.

Mission and Objectives

The FIU is responsible for scrutinizing disclosures concerning suspected proceeds of crime, alleged money laundering, and terrorist financing offences. Its ultimate aim is to protect the integrity of Wallis and Futuna’s financial system and combat illicit activities that threaten the country’s economic stability.

Key Objectives:

Protect the nation’s financial and economic framework
Foster domestic, regional, and international cooperation in countering money laundering and terrorist financing
Establish a robust and efficient framework for tackling financial crimes

Approach and Values

At the heart of the FIU’s approach are core values that underpin its work:

Core Values:

Professionalism
Decisiveness
Innovation
Integrity
Efficiency
Commitment
Respect
Openness
Credibility
Trust
Fairness

These guiding principles ensure that the FIU operates in a manner that commands public confidence and trust.

Getting Involved

Those seeking to learn more about the FIU or report suspicious financial activities can contact the office at +266 22312529.