On his part, NFIU Director, Francis Usani said that all security issues relating to the operations of NFIU have been put in place.
For its operations, he added that NFIU has the EGMONT secured website void of hacking.
On NFIU budget for 2018, he said, from the sum of N2.
Nigeria has yet to meet the requirements for the autonomy of the NFIU
, and there are compliance issues among both financial and non-financial entities.
is playing a pivotal role in receiving and analyzing STRs.
Ibebaku, who was represented by Daniel Iseye, an NFIU
official, said the review is being conducted through the cooperative efforts of the NFIU
and other stakeholder institutions, and in line with Recommendation 1 of the revised standards.
The National Assembly should amend the MLPA to provide for increased autonomy of the NFIU
and adopt safe harbor provisions to protect STR reporting entities and their employees.
The National Assembly should amend the 2011 MLPA to provide for increased autonomy of the NFIU
and adopt safe harbor provisions to protect STR reporting entities.
Between January and September 2009, the NFIU received a total of 826 STRs, 55 of which were developed and disseminated to relevant authorities for investigation.
All financial institutions and designated nonfinancial institutions are required by law to furnish the NFIU with details of these financial transactions.
The GON should ensure the autonomy and independence of the EFCC and NFIU from political pressure.
are currently being established in Bulgaria, Estonia, Latvia, Lithuania, Poland, and Romania.