Financial Crime & Analysis Unit - Montserrat

30/09/2024

13/09/2024

🚨 We’re Moving to a New page! 🚨

Exciting news! We’re shifting to a brand-new page to serve you even better! 🎉

👉 Our current page will soon be inactive, so please join us at Montserrat Financial Intelligence Unit - https://www.facebook.com/share/BdzNJWSDzKZ7NCth/?mibextid=LQQJ4d to stay connected for all updates, photos, and exciting announcements.

Thank you for your continued support – can’t wait to see you there! 💬

08/07/2024

🛡️ Webinar Alert: Identifying Online Scams! 🛡️

Join us for a public webinar hosted by the Montserrat Financial Intelligence Unit (FIU) on how to protect yourself from online scams!

📅 Date: July 24, 2024
🕒 Time: 6:00 PM - 7:30PM (Montserrat Time)
💻 Platform: Zoom

Why Attend?

Stay Safe Online: Learn to spot and avoid common online scams.

Expert Tips: Get advice from our financial investigators.

Real-Life Examples: Understand how scams work through real cases.

Interactive Q&A: Have your questions answered live.

Don’t miss this opportunity to empower yourself with knowledge and protect your digital life!

20/06/2024

🔍💼 Financial Intelligence & SAR (Improving Quality)Training with the regulated sector ! 💡📊

Our latest session by the FIU focused on improving the quality of Suspicious Activity Reports (SARs) and boosting financial intelligence.

Participants also gained insights about the pitfalls and best practices of filing SARs.

Stay tuned for our next training opportunity!

19/04/2024

For the past two weeks, Montserrat has participated in an onsite mutual evaluation assessment by the Caribbean Financial Action Task Force (CFATF), the regional body of the Financial Action Task Force (FATF), which measures the jurisdiction’s compliance with the FATF’s recommendations and the effectiveness of its anti-money laundering and terrorist financing framework.

Read the details here:
https://www.gov.ms/2024/04/19/conclusion-of-the-financial-action-task-force-fatf-onsite-evaluation/

HM Governor's Office in Montserrat
Financial Services Commission Montserrat

25/03/2024

Tune in on ZJB radio at 8PM this evening for a special edition of the Nation’s Business. This will cover Montserrat’s commitment to upholding international standards to combat money laundering and terrorist financing and its preparation for the Financial Action Task Force (FATF) Mutual Evaluation, which will take place 8-19 April 2024.

Host Viona Alexander-Smith will be joined in the studio by Attorney General, Hon. Sheree Jemmotte- Rodney, Director for Public Prosecutions, Mr Oris Sullivan, Policy Adviser to the Governor, Mr Phil Hickson and National Risk Mitigation Officer, Mr Deron Boyce.

ZJB Radio - Spirit of Montserrat Government Information Unit Montserrat Financial Services Commission Montserrat Financial Crime & Analysis Unit - Montserrat

28/12/2023

Here are some ways Money Laundering can impact a country.

January is the Slavery and Human trafficking prevention month.Slavery and human trafficking is often considered a historic problem. However this issue is gro...

10/11/2023

The NCA has issued an alert to financial institutions and other members of the regulated sector warning that Russia is using gold as a means to undermine the impact of the UK sanctions regime.

Gold is a significant income stream for Russia’s war effort – one of the highest by value after oil and gas, and worth £12.6 billion to the Russian economy in 2021. Today the Foreign, Commonwealth & Development Office has sanctioned a number of individuals and entities operating in and supporting Russia’s gold sector.

Once melted down and recast or refined, the origin of gold cannot be determined by examination, as any hallmarks are lost. Imports of mined gold can also be easily disguised. By masking the origin, new Russian gold can then be sold on to another country who may be unaware of the true origin.

Sanctions evaders undermine UK national security, working against our foreign policy objectives which promote international peace and security, and the rule of law. With the robust implementation of controls by the UK financial sector and our international partners, to identify and disrupt sanctions evasion, we have seen consequent attempts to use gold to circumvent the sanctions regime.

Read the full story ➡️ https://ow.ly/KqXV50Q5sg2

08/11/2023

Business Email Compromise (BEC)

BEC scams involve criminals compromising business email accounts to request fraudulent wire transfers or sensitive data. These scams can result in substantial financial losses for businesses.

25/10/2023

Terrorist Financing Explained.

Terrorist financing encompasses the means and methods used by terrorist organizations to finance their activities. This money can come from legitimate sources or from illegal activities.

Let’s combat terrorist financing.

This training covers the fundamentals of terrorist financing. It touches on the relationship with money laundering and sets out various international crime f...

19/10/2023

Submitting Suspicious Activity Reports can protect you!