National Cooperative Savings and Credit Union, Presidents of Courts of Appeal, Heads of Customs and Tax Offices, Voivodes or Governors of Districts Obligated to Report Suspicious Transactions

Introduction

The National Cooperative Savings and Credit Union, presidents of courts of appeal, heads of customs and tax offices, and voivodes or governors of districts in Poland are required by law to report any suspicions of money laundering or terrorist financing to the General Inspectorate for Financial Information (GIFI).

Obliged Institutions’ Responsibilities

• The obliged institutions must immediately notify the GIFI of any suspicions of money laundering or terrorist financing.
• They must provide information or documents upon request from the GIFI, which verifies the suspicions based on information obtained from the obliged institutions, cooperating institutions, and foreign Financial Intelligence Units (FIUs).
• In cases where a well-founded suspicion exists, the GIFI notifies the prosecutor, who takes steps to prosecute the suspects in cooperation with law enforcement authorities.

Role of the General Inspectorate for Financial Information

• The GIFI verifies the suspicions based on information obtained from the obliged institutions, cooperating institutions, and foreign FIUs.
• It provides information and documents to courts and prosecutors upon request for criminal proceedings.
• In cases where an offence or fiscal offence other than money laundering or terrorist financing is suspected, the GIFI forwards information justifying the suspicion to relevant competent authorities.

International Cooperation

• The GIFI exchanges information with foreign FIUs in combating money laundering and terrorist financing.
• It may also request consent from a foreign FIU to transmit information received from it to other authorities or use such information for purposes other than its own tasks.

Participation in International Organisations and Institutions

• The GIFI participates in international organisations and institutions working in the area of counteracting money laundering and terrorist financing, including:
  • European Union
  • Council of Europe
  • Financial Action Task Force
  • Others

Contact Information

General Inspectorate for Financial Information (GIFI) Ministerstwo Finansów ul. Świętokrzyska 12 00-916 Warszawa, Polska tel.: +48 22 694 30 60 fax: +48 22 694 54 50 e-mail: sekretariat.if@mf.gov.pl