Home - Financial Intelligence Agency (FIA) Turks and Caicos

Slide 1

Slide 3

slide 2

In accordance with the Financial Intelligence Agency Ordinance Cap 3.20. The Financial Intelligence Agency (FIA) is an independent agency to receive reports of suspicious transactions from financial institutions and other persons; to gather, store analyse and disseminate information to law enforcement authorities and relevant bodies; and for connected purposes. Read more…

TCI publishes 3rd Enhanced Follow Up Report

TCI publishes its 3rd Enhanced Follow Up Report & Technical Compliance Re Rating

Providenciales, TCI - Dec 20, 2022 The Turks and Caicos Islands (FIA-TCI) publishes its 3rd Enhanced Follow Up Report & Technical Compliance Re Rating subsequent to re ratings at the 55th Caribbean Financial Action Task Force (CFATF) Plenary held in Grand Cayman, Cayman Islands in Nov 2022.

Click Here for More

FIA signs MoUs with Haiti and Guyana

Georgetown, Cayman Islands - Nov 29, 2022 The Financial Intelligence Agency of the Turks and Caicos Islands (FIA-TCI) at the 55th Caribbean Financial Action Task Force (CFATF) Plenary held in Grand Cayman, Cayman Islands signed memoranda of understanding with the Republic of Haiti, and the Cooperative Republic of Guyana.

Financial Sanctions Notices

Financial Sanctions

Sanctions Notices issued by the Attorney General's Chambers can be accessed via their website. See link below.

Click here for latest Sanctions Notices

The FIA completed its 2021/22 round of Outreach and Awareness sessions in April 2022. Reporting entities were invited to attend sessions designed to ensure that reporting entities were made aware of their obligations to report all suspicious and attempted transactions to the FIA. This is the FIA’s continued attempt to alleviate money laundering, terrorist financing and all other associated crimes. Another round of Outreach and Awareness sessions is proposed for January – March 2023. Reporting entities are encouraged to contact administration@fia.tc if you are interested in participating.

The FIA is mandated to receive, store, analyse and disseminate intelligence related to suspected money laundering, terrorist financing and proliferation financing (ML/TF/PF). As such, all financial institutions, including DNFBPs and NPOs, are obligated to report all attempted and completed suspicious transactions to the FIA. These reports contribute to the continued efforts to deter acts of money laundering, terrorist and proliferation financing and all their associated crimes within the TCI. The FIA provides the number of SARs/STRs reported to the organisation for the fiscal years 2016/17 to 2020/21. Click here for more…

Sanction Orders within the TCI are mainly derived from those issued by the UN and the EU. They are enacted domestically to give them the force of law in the TCI. The Governor is the competent authority in the TCI for the implementation of targeted financial sanctions. The Governor has delegated some of the functions for financial sanctions to the Attorney General’s Chambers (AGC). Sanction notices can be viewed on the Office of the Attorney General’s website. For the latest sanction notices, click here for more info…

December 2021 – ALERT!! – Emerging Typology – Business Email Compromise. The Financial Intelligence Agency of the Turks and Caicos Islands ‘the FIA-TCI’ published a notice to warn reporting entities and the public of an increasing trend in the typology of ‘business email compromise’ occurring within the Turks and Caicos Islands. Click here for more…

Website Links

Contact Us

Useful Links