Glossary term

Financial Intelligence Unit (FIU)

This term has 2 definitions.

1. A Financial Intelligence Unit (FIU) is a central national agency tasked with receiving, analyzing, and disseminating financial information related to suspected criminal proceeds and potential money laundering activities (UNODC, 2011). FIUs are vital in identifying and preventing financial crimes, including terrorism financing, by providing actionable intelligence to law enforcement and regulatory bodies.

2. Financial Intelligence Unit (FIU) is a national agency responsible for receiving, analyzing, and disseminating financial information related to suspicious transactions. FIUs play a key role in detecting money laundering, terrorist financing, and sanctions violations, supporting law enforcement and regulatory authorities in enforcing financial compliance.

All terms beginning with F