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Key milestones to date

  • February 2016 - First Civil Cash Forfeiture Appeal Decision
  • January 2016 - Civil Asset Recovery Division launched
  • December 2015 - First Confiscation Order obtained
  • October 2015 - Proclamation of the Anti-Terrorist Financing and Proliferation Act, 2015
  • January 2015 - Money laundering charges emanating from SARs
  • April 2014 - Proclamation of the Proceeds of Crime Act, 2013
  • May 2012 - 10th Anniversary of the Financial Intelligence Unit (FIU) & Launch of Commemorative Magazine & Pins
  • March 2012 - Two (2) money laundering convictions in the matter involving the largest cash seizure in the OECS - US$1,733,463.
  • November 2011 - Court of Appeal dismissed a motion contesting the constitutionality of the Proceeds of Crime and Money laundering (Prevention) Act 2001 (PCMLP Act)
  • May 2010 - Launch of FIU Website
  • April 2008 - Largest cash seizure in the OECS - US$1,733,463.
  • September 2006- FIU Act and the United Nations (Anti-Terrorism Measures) Act 2002 are amended to formally make the FIU the national centralized agency for the reporting of all suspicious activity related to terrorism and the financing of terrorism.
  • March 2006- First successful prosecution for money laundering offences and first confiscation and forfeitures under the PCMLP Act
  • 2004, 2005, 2006- Caribbean Anti-money Laundering Programme in 2004 Credits SVG’s FIU as one of the leading FIUs in the Caribbean Region. This accolade is repeated by the Caribbean Financial Action Task Force (CFATF) in 2005 and 2006.
  • August 2003- FIU Customs Officers fully accredited as financial investigators
  • July 2003- FIU admitted as a member of the Egmont Group of International FIUs
  • June 2003- Removal of St.Vincent and the Grenadines form the Financial Action Task Force’s (FATF) list of Non-Co-operative Countries and Territories (NCCT)
  • September 2002- Money Laundering Guidance Notes finalized
  • August 2002- FIU moved into new purpose designed accommodation
  • May 2002- FIU Police Officers fully accredited as financial investigators
  • May 2002- FIU established
  • December 2001- Financial Intelligence Unit Act 2001 (FIU Act) enacted
  • December 2001- PCMLP Act came into operation