FINANCE MINISTER REPORTS SUSPICIOUS FINANCIAL REPORTS

The Minister of Finance, Hon. Colm Imbert, announced in the House of Representatives that the Financial Intelligence Unit (FIU) received 950 suspicious transaction reports for the financial year 2023. The total monetary value of these transactions was TT$5, 954, 472, 732.00, with 784 transactions be...

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Bibliographic Details
Published in:Parliamentarian 2024-01, Vol.105 (1), p.99
Main Author: Ramoutar, Paras
Format: Article
Language:English
Subjects:
Banking industry
Financial performance
Financial services
Monetary policy
Online Access:Get full text
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Summary:The Minister of Finance, Hon. Colm Imbert, announced in the House of Representatives that the Financial Intelligence Unit (FIU) received 950 suspicious transaction reports for the financial year 2023. The total monetary value of these transactions was TT$5, 954, 472, 732.00, with 784 transactions being completed. This amount represented a 12% decrease compared to the previous reporting period in 2022.
ISSN:0031-2282