What We Do
Overview
The main functions of the FIC in its role as the AML/CFT regulator are: Intelligence Analysis, Supervision, Enforcement, and provision of Procedures & Guidance.
These are explained in detail in this section. The importance of each of these functions and the entailed processes are explained in full detail, for a better understanding of the role the FIC has in the fight against ML/FT.
Intelligence
The Financial Intelligence and Analysis Division's core function is to receive and analyse data and provide actionable intelligence to competent authorities to assist them with combating ML/ TF/PF activities
Intelligence
Read moreSupervision
The Supervision Section is empowered to fulfil its functions at Law, through Article 16(1)(c) of the Prevention of Money Laundering Act (PMLA)
Supervision
Read moreEnforcement
The Enforcement Section ensures implementation of the administrative measures imposed by the FIAU’s Compliance Monitoring Committee (CMC) on AML/CFT breaches committed by subject persons
Enforcement
Read moreProcedures & Guidance
General guidance notes are issued periodically to assist subject persons in fulfilling their Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) obligations.
