Functions

The main functions of the GFIU are:

  • to gather, store, analyse and disseminate intelligence related to criminal conduct, (including but not limited to money laundering, the financing of terrorism and the proliferation of weapons of mass destruction), transacted or attempted to be transacted through relevant financial businesses;
  • to act as the recipient for disclosures of suspicious transactions under the relevant applicable legislation;
  • to exchange information regarding criminal conduct with FIUs and other similar bodies and law enforcement agencies within and outside of Gibraltar;
  • to consent or deny consent to suspicious transactions of which it has been notified, in accordance with POCA 2015.