The absence of physical threats of terrorism does not impact the level of commitment that Saint Vincent and the Grenadines pledges towards the fight against terrorism and terrorist financing. Due to the escalating threats internationally and regionally, the Financial Intelligence Unit (FIU) of Saint Vincent and the Grenadines, with a network of Government agencies and in partnership with the private sector, has established a robust and proactive strategy to effectively combat the potential horrors of terrorism and its financing...

PART I -Introduction

This Guidance Note is intended to provide assistance to Financial Institutions and Service Providers (Reporting Entities) in meeting their obligations to make Suspicious Activity Reports (SAR) to the Financial Intelligence Unit (FIU).  These obligations are imposed under section 126 of the Proceeds of Crime Act (POCA) No. 38 of 2013 and section 15 of the Anti-Terrorism Financing and Proliferation Act (ATFPA) No.14 0f 2015.   This Guidance includes information on who must file, when to file, how to complete the SAR Form as set out in POCA, and the procedure for submission to the FIU.