Money Laundering and Proceeds of Crime Act
Act No. 4/2013
(2) The information requested under subsection (1) shall be provided within the time limits
set and the form specified by the Unit in writing.
(3) The Unit is authorised to access and review on-site information which is necessary to
the fulfilment of its functions and that belongs to or is in the custody of financial institutions and
designated non-financial businesses and professions.
(4) Subsections (1) and (2) shall be applied subject to the limitations in the definition of
“designated non-financial businesses and professions” in section 13 and subject to section 30(2).
(5) The Unit may, in relation to any report or information it has received, obtain, where not
otherwise prohibited by law, any information it deems necessary to carry out its functions from
any of the following—
(a) a law enforcement authority;
(b) any competent supervisory authority;
(c) any public authority or person;
(d) any corporate body of a public character;
(e) a public company or other person or entity in accordance with the Access to
Information and Protection of Privacy Act [Chapter 10:27] (No. 5 of 2002).
37 Sharing Information with foreign counterpart agencies
(1) The Unit may, on its own initiative or upon request, share information with any foreign
counterpart agency that is subject to similar secrecy obligations with respect to the information
it receives based upon reciprocity or mutual agreement.
(2) The Unit may make the following inquiries on behalf of a foreign counterpart agency
where the inquiry may be relevant to the foreign counterpart agency���s analysis of a matter
involving the suspected proceeds of crime or terrorist property, or potential financing of
terrorism—
(a) search its own databases, including information related to reports of suspicious
transactions, and other databases to which the Unit has direct or indirect access,
including databases of a law enforcement, competent supervisory authority, public
authority or person , corporate body of a public character and commercially available
databases; and
(b) obtain from financial institutions and designated non-financial businesses and
professions information that is relevant in connection with such request; and
(c) obtain from the persons referred to in section 36(4) 11 information that is relevant in
connection with such request to the extent that the Unit could obtain such information
in a domestic matter; and
(d) take any other action in support of the request of the foreign counterpart agency that is
consistent with the authority of the Unit in a domestic matter.
CHAPTER IV
CONVICTION-BASED CONFISCATION AND BENEFIT RECOVERY ORDERS AND INVESTIGATIVE
POWERS APPURTENANT THERETO
PART I
APPLICATION OF CHAPTER IV AND INTERPRETATION
38 Application of Chapter IV
(1) This Chapter shall apply—
11
(sic) Should be 36(5).
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