FIU ni watu gani hawa?

[mwanakijiji]

Kwa mujibu wa sheria kunatakiwa kuwe na Financial Intelligence Unit, hivi hiki chombo Tanzania kipo na kinahusiana vipi na vyombo vingine vvya kijasusi? Na kinaongozwa na nani?

[Kepa]

Financial Intelligence Unit in the offing

2007-03-30 08:41:27
By Adam Ihucha, Arusha

All is ready for the establishment of Financial Intelligence Unit (FUI) for purposes of enforcing the Anti-Money Laundering Act, 2006.

The Act intends to track and seize ill gotten money and would be operational next July.

`The roadmap has been developed for the establishment of the FIU before July to enforce the law,` Deputy Minister for Finance, Abdisalaam Khatibu said Monday.

Khatibu told the 13th meeting of the Eastern and Southern Africa Anti Money Laundering Group (ESAAMLG) in Arusha that the Act was passed by the Parliament in November last year.

The Parliament also endorsed consequential amendments to all other related laws to provide for a comprehensive legal regime to implement the United Nations Anti Money Laundering and Combating the Financing of Terrorism Measures in the country.

The Act, already inked for implementation by President Jakaya Kikwete in January this year, makes provisions for the prevention and prohibition of money laundering as well as the establishment of the FIU by July 1, 2007.

`A national task force is currently working extra time to consult internal and external partners widely in this process of establishing FIU` he said.

Money launders manipulate their illicit proceeds in an endeavor to conceal or disguise their true nature, source, location, disposition and movement, with ultimate objective of integrating these proceeds into and through legitimate economy.

Analysts argue that those involved in the fight against money laundering and terrorists financing must have access to certain kind of financially related information in order to conduct financial investigation.

In this regard experts are of the view that financial intelligence unit would play an increasingly important role in the process. Financial investigations seek to discover the financial trail left by criminal rings.

As part of this process, investigators analyze financial institution account records, real estate records, documents on liens and judgments, corporate registries, brokerage and mutual funds accounts, insurance contracts and a full spectrum of other financial and business relations records.

Illicit financial operations have recently grown more sophisticated and complex, requiring traditional investigators to acquire new and specialized financial intelligence tools.

* SOURCE: Guardian

[Kepa]

Kwa mujibu wa sheria kunatakiwa kuwe na Financial Intelligence Unit, hivi hiki chombo Tanzania kipo na kinahusiana vipi na vyombo vingine vvya kijasusi? Na kinaongozwa na nani?

Wenzetu India mambo yako hivi..... sisi je???

Functions of FIU in India

The main function of FIU-IND is to receive cash/suspicious transaction reports, analyse them and, as appropriate, disseminate valuable financial information to intelligence/enforcement agencies and regulatory authorities . The functions of FIU-IND are:

* Collection of Information: Act as the central reception point for receiving Cash Transaction reports (CTRs) and Suspicious Transaction Reports (STRs) from various reporting entities.

* Analysis of Information: Analyze received information in order to uncover patterns of transactions suggesting suspicion of money laundering and related crimes.

* Sharing of Information: Share information with national intelligence/law enforcement agencies, national regulatory authorities and foreign Financial Intelligence Units.

* Act as Central Repository: Establish and maintain national data base on cash transactions and suspicious transactions on the basis of reports received from reporting entities.

* Coordination: Coordinate and strengthen collection and sharing of financial intelligence through an effective national, regional and global network to combat money laundering and related crimes.

* Research and Analysis: Monitor and identify strategic key areas on money laundering trends, typologies and developments.