SEARCH
VISION To ensure a safe and vibrant financial and business sector free from money laundering, terrorist financing and other financial crimes, and to be recognized as a financial intelligence unit of excellence in the global fight against money laundering and terrorist financing. MISSION To assist in protecting the integrity of Saint Lucia’s financial system and to prevent its abuse by criminals through the detection and dete...
...ENCE AUTHORITY REGISTER OF SUPERVISED ENTITIES Pursuant to Section 4 of the Registration of Supervised Entities Act No. 12 of 2023 (ROSEA), the following categories of persons engaged in other business activities are required to register with the Financial Intelligence Authority (the Authority): A Motor Dealer licensed under the Motor Vehicles and Road Traffic Act, Cap. 8.01 (MVD) A person involved in transactions for a client concerning the buying and selling of real estate (REA) A Dealer in Precious Metals or Stones, when engaging in any transactions equal to or exceeding $25,000 (DPM) An Attorney-at-Law or Accountant, when they carry out transa...
Circular 001.2025 - FATF Public Statements Circular 003.2024 - Approval of Compliance Officer Circular 002.2024 - 2024 MLPA Amendments Circular 008.2023 - Extension of Registration with the FIA Circular 007.2023 - Appointment of Alternate Compliance Officer Cir...
Guidance to Reporting Entities on Suspicious Activity Reportin (May 2023) Guidance on the Identification & Verification of Beneficial Owners (May 2022) Guidance to MSBs (Class A-D) on their Sub-Agents (May 2022) Guidance on the Application of a RBA & Conduct of a Risk Assessment (March 2022) Guidance to Reporting Entities on ...
FATF Advisories - Jurisdictions Under Increased Monitoring (February 2025) FATF Advisories - High Risk Jurisdictions Subject to a Call for Action (February 2025)
Anti-Terrorism Act - Cap. 3.16 Anti-Terrorism (Amendment) Act No.28 of 2019 Anti-Terrorism (Amendment) Act No.8 of 2023 Money Laundering (Prevention) Act - Cap.12.20 (2020 Revision) Money Laundering (Prevention) (Amendment) Act No.20 of 2016 Money Laundering (Prevention) (Amendment) Act No.13 of 2019 Money Laundering (Prevention) (Amendment) Act No.16 of 2021 Money Laundering (Prevention) (Amendment) Act No.5 of 2023 Money Laundering (Prevention) (Amendment) Act No.18 of...
Attorney General Chambers (AGC) https://attorneygeneralchambers.com Financial Services Regulatory Authority (FSRA) https://fsrastlucia.org Caribbean Financial Action Task Force (CFATF) https://www.cfatf-gafic.org ...
Overview The Financial Intelligence Authority (the FIA) was established in October 2003 pursuant to the provisions of the Financial Intelligence Authority Act 2002 and continued its operations under the Money Laundering (Prevention) Act, Chapter 12.20 of the 2013 Revised Laws of Saint Lucia (the MLPA). The FIA is responsible for receiving, analysing, obtaining, investigating and disseminating information which relate to the proceeds of criminal conduct and in particular information derived from suspicious transaction reports (STRs...
Money laundering and the financing of Terrorism is an international problem which serves to compromise the efficiency and stability of a country’s financial system. The events of September 11, 2001 have heightened international concern especially with regard to the financing of terrorism. The International Monetary Fund has stated that the aggre...
Customer due diligence or background checks is closely associated with the flight against money laundering. Financial institutions and certain other business activities are required by law under the Money Laundering (Prevention) Act to carry out identification and verification of identity procedures before entering into a business relationship with a potential customer or client. ...
Yes, if the Compliance Officer decides that the information does substantiate a suspicion of money laundering, he or she should disclose this information immediately. If he or she is genuinely uncertain as to whether such information substantiates a suspicion, he or she should nevertheless submit the report. It is also an offense if a person fails to report a suspicious transaction relating to money laundering .
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est l...
Customer due diligence or background checks are closely associated with the fight against money laundering. Financial institutions and certain other business activities are required by law under the Money Laundering (Prevention) Act to carry out identification and verification of identity procedures before entering into a relationship with a potential customer or client. Instituti...
The enactment of the Registration of Supervised Entities Act No. 12 of 2023 requires specified persons engaged in Other Business Activities to REGISTER with the FIA. View Information below to Learn More.. NOTICE - Requirement to Register Circular 002.2023 - Registration of Supervised Entities Act...
BEWARE OF FRAUDULENT INVESTMENT SCHEME The Consumer Affairs Department, Financial Services Regulatory Authority (FSRA) and Financial Intelligence Authority (FIA) wish to alert the public to the existence of unauthorized investment schemes operating in Saint Lucia, which may be classified as pyramid schemes. FRAUDULENT INVESTMENT SCHEME
The Financial Intelligence Authority wishes to inform members of the public that it has not engaged in any consultation or deliberation with any person or persons either internally or externally, which has resulted in a finding that the investment scheme operating under the name CREATORS ALLIANCE is not in violation of any of the laws of Saint Lucia.
