Financial Intelligence Authority

Section 32 of the Anti-Terrorism Act, Cap. 3.16 (ATA), "Duty to disclose information relating to property of terrorist groups etc.", states that:

   1) A person shall forthwith disclose to the Financial Intelligence Authority—

1. the existence of any property in his or her possession or control, which to his or her knowledge is terrorist property, or for which there are reasonable grounds to believe is terrorist property;
2. the existence of any property in his or her possession or control, owned or controlled by or on behalf of a specified entity or for which there are reasonable grounds to believe is owned or controlled by or on behalf of a specified entity;
3. any information regarding a transaction or proposed transaction in respect of terrorist property; or
4. Any information regarding a transaction or proposed transaction for which there are reasonable grounds to believe may involve terrorist property.

   2) Every financial institution shall report, every 6 months, to the Financial Intelligence Authority and any body authorized by law to supervise and regulate its activities—

1.  that it is not in possession or control of any property owned or controlled by or on behalf of a terrorist group;
2. that it is in possession or control of such property, and the particulars relating to the persons, accounts, and transactions involved and the total value of the property.

   4) In addition to the requirements of subsection (3), every financial institution shall report to the Financial Intelligence Authority, every transaction which occurs within the course of its activities, and in respect         of which there are reasonable grounds to suspect that the transaction is related to the commission of a terrorist act.

To facilitate your compliance with the obligations under Section 32 of the ATA, United Nations Security Council Resolutions (UNSCRs) concerning amendments to the list of individuals and entities that are subject to assets freeze, travel ban and arms embargo in relation to the prevention and suppression of terrorism and terrorist financing, are uploaded on this page. 

Additionally, the United Nations Security Council Consolidated List can be accessed at:

https://www.un.org/securitycouncil/content/un-sc-consolidated-list