NAMLC Press Release 01/2024 - National Anti-Money Laundering Council Commits to Strategies to Combat

Home / NAMLC Press Release 01/2024 - National Anti-Money Laundering Council Commits to Strategies to Combat

NAMLC Press Release 01/2024 - National Anti-Money Laundering Council Commits to Strategies to Combat Financial Crime

Wednesday, 28/02/2024
The National Anti-Money Laundering Council (Council) has agreed on strategies to further strengthen legal and institutional measures to combat money laundering and financial crimes in Fiji. This was discussed and agreed at the Council’s meeting on 20 February 2024.
 
The Council is concerned with the nature and number of financially motivated crimes recently reported in Fiji and the potential wealth that local criminals and their associates are gaining from these crimes.

The Chairperson of the Council, Solicitor-General and Permanent Secretary for Justice, Mr Ropate Green, emphasised that it is important that Fiji has strong laws and institutions in place to fight the problem of financial crime. These institutions also need to have competent and properly equipped officials who can detect, investigate and prosecute financial crimes and to trace and confiscate the illicit wealth generated by these crimes.

Mr Green addressed the areas relating to our laws and the capacity of our institutions that needed improvement. The Council is fully committed to addressing these deficiencies by working with relevant agencies and with technical assistance from international partners.

The Council is also driving national efforts to prepare for Fiji’s next mutual evaluation in 2026 where the country will be assessed on its compliance with international standards on combating money laundering and financial crimes.

Refer to the PR copy here: NAMLC Press Release 01/2024
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