# Preventing Financial Crime in Trinidad and Tobago
======================================================

As the country strives to maintain a safe and stable financial, social, and economic environment, preventing financial crime has become a top priority for authorities. In this effort, the Financial Intelligence Unit of Trinidad and Tobago (FIUTT) plays a crucial role in detecting and deterring money laundering and financing of terrorism.

## Mission and Vision
--------------------

Established in 2010, the FIUTT is a specialized intelligence-gathering unit responsible for collecting financial intelligence and information from various sources, including law enforcement authorities, financial institutions, and listed businesses. Its mission is to effectively detect and deter money laundering and financing of terrorism, while its vision is to create strong and dynamic financial and business sectors free from these crimes.

## Core Functions
-----------------

The FIUTT's core functions include:

* Receiving and analyzing Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs)
* Disseminating intelligence reports to relevant authorities
* Exchanging information with international counterparts
* Monitoring trends and patterns of money laundering and financing of terrorism
* Providing strategic analysis to inform policy decision-makers

## Compliance Guidelines
----------------------

To achieve its goals, the FIUTT has established guidelines for reporting entities to ensure compliance with anti-money laundering and counter-financing of terrorism regulations.

### On-Site Examinations and Reviews
-----------------------------------

The FIUTT also conducts:

* On-site examinations of financial institutions and listed businesses
* Desk-based reviews of financial records and documents
* Outreach programs to educate the public about anti-money laundering and counter-terrorism financing regulations

## Consolidated List of High Court Orders (Terrorist Financing Sanctions List)
------------------------------------------------------------------------

In a bid to prevent financial crime, the FIUTT has implemented a Consolidated List of High Court Orders (Terrorist Financing Sanctions List), which is updated regularly and circulated to all financial institutions and listed businesses in Trinidad and Tobago.

## Contact Information
--------------------

For more information on how to prevent financial crime in Trinidad and Tobago or to learn more about the FIUTT's roles and functions, contact the unit at [fiutt@gov.tt](mailto:fiutt@gov.tt) or visit its website at http://www.fiu.gov.tt/.