Regulatory Alerts2011-11-18
Added · Updated
FIAU Implementing Procedures Part II Relating to the Banking Sector
The Financial Intelligence Analysis Unit brings into force the section of Part II of the Implementing Procedures relating to the banking sector, approved by the Board of Governors on 14 November 2011. These procedures apply to all subject persons as defined in the Prevention of Money Laundering and Funding of Terrorism Regulations (Legal Notice 180 of 2008). Subject persons are required to read Part II in conjunction with Part I of the Implementing Procedures, as Part II is incomplete on its own.