Solomon Islands Financial Intelligence Unit Vows to Combat Money Laundering and Terrorist Financing

The Solomon Islands Financial Intelligence Unit (SIFiu) has reaffirmed its commitment to protecting the country’s financial system from illicit activities, including money laundering, terrorist financing, and other serious crimes.

Mission Statement

“Our vision is a Solomon Islands safe from money laundering and terrorist financing,” said SIFiu Director, emphasizing the organization’s mission: “to formulate and implement strategies to prevent such malicious activities, ensure adherence to global anti-money laundering and counter-terrorist financing (AML/CFT) standards, and support the investigation and prosecution of related offenses.”

Strategic Approach

To effectively combat money laundering and terrorist financing, SIFiu is dedicated to:

• Providing timely and quality information and advice to stakeholders
• Developing a skilled workforce to fortify the Solomon Islands’ financial system against these threats

By strengthening its capabilities and collaborating with international partners, SIFiu aims to safeguard the economic stability and integrity of Solomon Islands.

Global Cooperation

In alignment with the global community, SIFiu has pledged to be an active participant in the ongoing efforts to combat money laundering and terrorist financing. The unit recognizes that these financial criminal activities are a significant threat to national security and economic stability, and is committed to working closely with international partners to address them.

By combating money laundering and terrorist financing, SIFiu is helping to create a safer and more stable financial environment for the people of Solomon Islands.