Financial Crime World

Saint Pierre and Miquelon’s Financial Intelligence Unit Takes Center Stage

The Financial Intelligence Unit (FIU) is the national agency responsible for receiving, requesting, analyzing, investigating, and disseminating information related to suspicious financial transactions in Saint Pierre and Miquelon.

Organizational Structure

With a robust organizational structure in place, key individuals oversee the system that outlines how activities are directed towards achieving the FIU’s goals. This ensures that the unit operates efficiently and effectively in its mission to combat financial crimes.

E- filing Report System

One of the key features of the FIU is its e-filing report system, which allows for secure electronic filing of suspicious transaction reports through a dedicated network. This innovative approach enables the FIU to stay ahead of the curve in combating financial crimes and maintain the integrity of Saint Pierre and Miquelon’s financial system.

Staying Up-to-Date with Best Practices

The FIU remains committed to staying up-to-date with the latest developments and best practices in anti-money laundering and counter-terrorism financing. In fact, the agency has been actively working alongside the Financial Action Task Force (FATF) to build a robust regime against these types of financial crimes in Dominica.

Collaboration with International Organizations and Government Agencies

As part of its ongoing efforts, the FIU collaborates closely with various affiliates, including international organizations and government agencies, to ensure that its operations are informed by best practices and global standards. By working together, the FIU plays a vital role in:

  • Maintaining the integrity of Saint Pierre and Miquelon’s financial system
  • Protecting it from illegal activities
  • Staying ahead of emerging threats and trends in financial crimes

By leveraging its e-filing report system and staying up-to-date with best practices, the FIU is well-equipped to take center stage in combating financial crimes and protecting Saint Pierre and Miquelon’s financial system.