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Definition[]

A financial intelligence unit (FIU) is

a central, national agency responsible for receiving (and, as permitted, requesting), analyzing and disseminating to the competent authorities, disclosures of financial information: (i) concerning suspected proceeds of crime and potential financing of terrorism, or (ii) required by national legislation or regulation, in order to counter money laundering and terrorism financing.[1]

References[]

  1. Egmont Group, "What is an FIU?"[1]
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