Reporting AML activities

Reporting bodies ?

In an effort to combat the threat of money laundering, many countries' gouvernments have  established agencies called Financial Intelligence Units. (FIUs)

Per many countries' Anti money laundering legislation, financial institutions and other obligated entities are requiered to report and record  information regarding certain transactions.

FIUs analyse the trasactional data received from financial institutions and other obligated entities in order to detect financial crimes such as money laundering and terrorist financing.

FIUs then communicate their results to enforcement agencies and often share their information with international FIUs.