FIU SL signs MoU with Financial Intelligence Center of Japan
|
Naoki Kojima, Chief of International Cooperation Section of
FIU Japan and D M Rupasinghe, Director FIU Sri Lanka,
exchanging the MoU |
The Financial Intelligence Unit of the Central Bank of Sri Lanka (FIU
Sri Lanka) signed a Memorandum of Understanding (MOU) with Japan
Financial Intelligence Center (JAFIC), (Financial Intelligence Unit of
Japan) at a ceremony held in the Central Bank of Sri Lanka on March 11,
2013 to share financial information to facilitate investigations on
money laundering and terrorist financing. Money Laundering and Terrorist
Financing (ML/TF) are often internationally connected activities.
Therefore, a greater coordination among Financial Intelligence
Authorities is needed to fight against these criminal activities. Hence,
FIUs globally adopt MoUs to co-operate each other with the exchange of
information. The MoU with JAFIC will therefore facilitate greater
co-operation and co-ordination in exchange information between two FIUs.
The FIU Sri Lanka has singed MoUs with 20 FIUs so far with FIUs of
Australia, Afghanistan, Belgium, Bangladesh, Canada, Cambodia, Fiji,
India, Indonesia, Malaysia, Mongolia, Nepal, Philippines, Russian
Federation, Slovenia, South Africa, Solomon Islands, South Korea, Saudi
Arabia and United States of America. These MoUs have been signed in
terms of the provisions of the Financial Transactions Reporting Act No 6
of 2006. |
