Finance No. 1/2019 may be specified by the Director-General or by the employee, inspector or agent concerned. (3) This section shall not be construed as— (a) limiting the powers of inspectors under section 100D (“Inspectors and their powers”); or (b) precluding the AMU from obtaining information from any other person or entity, whether in accordance with the Access to Information and Protection of Privacy Act [Chapter 10:27] (No. 5 of 2002) or otherwise. (4) The AMU 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. (5) 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). (6) The AMU 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 agency; (b) any competent supervisory authority; (c) any public authority or person; (d) a company, trust or other person or entity in accordance with the Access to Information and Protection of Privacy Act [Chapter 10:27] (No. 5 of 2002). (7) Nothing in this section shall be taken to require a legal practitioner to disclose any privileged communication made to him or her in that capacity. 100G  Confidentiality (2) Any officer, employee, inspector or agent of the AMU who discloses any information referred to in subsection (1) otherwise than in accordance with that subsection, or makes use of it for personal gain, shall be guilty of an offence and liable to a fine not exceeding level eight or (1) Any information reported to the AMU or gathered or discovered by any employee, inspector or agent of the AMU in the course of exercising his or her functions under this Chapter shall be confidential to the AMU, and no person shall disclose any such information to any other person or body except— (a) in the course of exercising his or her functions under this Chapter; or (b) to a judicial officer for the purposes of any legal proceedings under this Chapter; or (c) in accordance with the order of any court; or (d) for the purposes of any prosecution or criminal proceedings; or (e) where the disclosure is authorised or required by or under this Act or any other law. 25 2019

Select target paragraph3

Add to table of contents