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Slide 2 - SAR Guide
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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… 

Mar 2024: FIA-TCI attends UK OTs Sanctions Forum
Mar 2024: FIA-TCI attends UK OTs Sanctions Forum.

The UK, Overseas Territories (OTs) and Crown Dependencies (CDs) Sanctions Forum 2024 was held during the week commencing March 4th 2024 in London, UK. Graciously hosted by the Foreign, Commonwealth and Development Office (FCDO), His Majesty’s Treasury (HMT) and the Office of Financial Sanctions Implementation (OFSI). The forum provided an opportunity for collaboration and education regarding the UK, OTs and CDs sanctions regimes. The Financial Intelligence Agency (FIA-TCI) was represented by its Director, Mr. Dwayne Baker who formed part of the TCI delegation consisting of representatives from the Governor’s Office, the Attorney General’s Chambers, the Financial Services Commission, and the National Anti-Money Laundering Coordinator. The TCI continues its work to enhance and build capacity in its sanctions regime through such engagements as a responsible and committed partner in combating sanctions evasion.

Sep 2023: FIA-TCI amends its SAR/STR Form.
Sep 2023: FIA-TCI amends its SAR/STR Form.

Important Update: The Financial Intelligence Agency (FIA) has made enhancements to its Suspicious Activity Report / Suspicious Transaction Report (SAR/STR) form, effective as of September 4th, 2023. Reporting entities are strongly encouraged to download and use this updated version for all future submissions. To assist you further, we've also made available the SAR Guidance Document v2.2 (Amended 2023) . It contains valuable insights, sector-specific indicators, and guidance notes to support you in completing and submitting suspicious activity reports effectively to the FIA.

Your commitment to transparency and financial security is greatly appreciated. Together, we can strengthen our efforts in combating financial crimes. Access the updated form and guidance document on the DOWNLOADS page of our website today.

Egmont Group Plenary, United Arab Emirates
Egmont Group Plenary, United Arab Emirates

United Arab Emirates - July 3rd – 7th, 2023: The 29th Egmont Group Plenary and Working Groups meetings were held 03- 07 July 2023 at the St. Regis Saadiyat Island Resort in Abu Dhabi, United Arab Emirates. eetings of the various Egmont working groups and the Plenary were expertly facilitated by the Egmont Group Secretariat under the auspices of our gracious hosts the Financial Intelligence Unit of the UAE ....

FIA-TCI launches its LinkedIn Page.
FIA TCI launches its LinkedIn Page

Aug 2023: The Financial Intelligence Agency (FIA) is now on LinkedIn. Stay connected with us for the latest updates, initiatives and insights into to the work of the FIA as we continue to uphold financial transparency and aid in the fight against money laundering and terrorist financing.. Follow our page to join the conversation and stay informed about our efforts to combat financial crimes and ensure transparency. Connect with us today! #FIA #FinancialIntelligence #LinkedInDebut #StayConnected"

Director Baker participates in the 6th AMLFC Institute Conference/ 8th Compliance Aid AMLFC Prevention Conference.
Director Baker participates in the 6th AMLFC Institute / 8th Compliance Aid AMLFC Prevention Conference.

April 12th – 14th, 2023: Director of the Financial Intelligence Agency Mr. Dwayne Baker, CAMS participated in the 6th Anti Money Laundering Financial Crimes (AMLFC) Institute Conference, and the 8th Compliance Aid Anti Money Laundering and Financial Crimes Prevention Conference.

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.

FIA signs MoUs with Haiti and Guyana
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.

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The FIA will begin its 2023/2024 round of Outreach and Awareness sessions in March 2024. Reporting entities will be invited to register for and attend sessions designed to ensure that they are 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. Reporting entities are encouraged to contact administration@fia.tc if they are interested in participating and have any further questions.

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…

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