Regulatory AlertsFinancial Intelligence Unit Act, Revised Edition 2011
The Government of Belize enacted this legislation to establish the Financial Intelligence Unit as an independent body with perpetual succession and the authority to investigate and prosecute financial crimes. The Act empowers the Unit's Director to obtain information, enter and search premises, and apply for attachment orders to secure assets related to suspected financial offenses. It further mandates strict confidentiality for Unit personnel, grants immunity from suit for good faith actions, and amends the Money Laundering (Prevention) Act to define the Unit as the Supervisory Authority.
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