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Draft:Unità di Informazione Finanziaria

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Financial Intelligence Unit
Unità di Informazione Finanziaria
Agency overview
Formed1 January 2008; 16 years ago (2008-01-01)
Preceding agency
JurisdictionGovernment of Italy
HeadquartersRome
Parent agencyBank of Italy
Websiteuif.bancaditalia.it

The Unità di Informazione Finanziaria (UIF; Italian for Financial Intelligence Unit) is the financial intelligence agency of Italy.[1] It was established in 2008 as an independent entity under the Bank of Italy.[2][3]

Its purpose is to counter money laundering and the financing of terrorist organizations through the analysis of suspicious financial flows and transaction reports provided by financial intermediaries.[4] It works in cooperation with the Guardia di Finanza (an Italian police force specailized in financial crime)[5] and the Direzione Investigativa Antimafia (an investigation agency specialized in mafia crime).[6] It also cooperates with financial intelligence agencies of other countries.[7]

Notes

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  1. ^ "AML/CTF compliance in Italy".
  2. ^ "The Role of the Financial Intelligence Unit (FIU)" (in Italian).
  3. ^ "Unità di Informazione Finanziaria" (in Italian).
  4. ^ "La segnalazione di operazione sospetta (SOS)" (in Italian).
  5. ^ "The fight against the business activities and the assets of the organized crime".
  6. ^ "ADM for the Italian Institutions".
  7. ^ "EPPO and Italian Financial Intelligence Unit strengthen cooperation".

References

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  • Borrello, Italo (1 January 2015). "Financial Intelligence Unit (FIU)". In Siclari, Domenico (ed.). Italian Banking and Financial Law: Supervisory Authorities and Supervision. Palgrave Macmillan London. pp. 261–294. doi:10.1057/9781137507532. ISBN 9781349506040.
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