Financial Intelligence Unit Act News Today

As of December 19, 2022, the Fourth Round Mutual Evaluation of Belize’s Anti-Money Laundering, Countering the Financing of Terrorism and Combatting the Financing of Proliferation of Weapons of Mass Destruction (AML/CFT/CPF) Systems by the Caribbean Financial Action Task Force (CFATF) commenced. Belize will be assessed against two interrelated components: technical compliance, and the effectiveness of implementation measures.

FIREARMS dealer Hugh Leong Poi wants all information received by the Financial Intelligence Unit (FIU) on him or his dealership from several financial institutions, last year, destroyed. Leong Poi is also questioning the constitutionality of the move by the FIU to request financial information from various institutions for some 35 individuals and 17 businesses associated

IN January, attorneys for former police commissioner Gary Griffith, and his wife Nicole Dyer-Griffith filed a judicial review claim challenging the lawfulness of the request by the Financial Intelligence Unit (FIU)’s acting director, Nigel Stoddard, to several financial institutions for information on their accounts.

A Supreme Court judge has ruled that a local commercial bank restricted a women’s rights advocacy organization for an inordinate and excessive length, when it froze that organization’s bank accounts for four months in 2016. In a judgement dated February 24, Justice Cheryl Grant-Thompson ruled that RBC Royal Bank of Canada (Bahamas) Limited is liable for

Monrovia – The Financial Intelligence Unit of Liberia (FIU) has dismissed two of its staff, Cooper Leamah and Amos Goba for allegedly giving tip off and stealing classified information for personal gains.Their alleged actions are in violation of sect