The FIA is the national center for the receipt and analysis of suspicious transaction reports and relevant money laundering information, associated predicate offenses, and terrorist financing.

The FIA serves as the central agency responsible for receiving, requesting, conducting preliminary investigations, analyzing, and disseminating information to competent authorities concerning suspected money laundering, terrorist financing, and proliferation of weapons of mass destruction.

The FIA is not a regulatory authority. Its prime responsibility is to gather and share financial intelligence in close cooperation with the regulatory authorities.

The FIA processes and analyzes received financial information and disseminates actionable intelligence in appropriate cases to relevant law enforcement agencies.

FIUs exchange information with other FIUs based on reciprocity or mutual agreement consistent with procedures understood by the requested and requesting party. An FIU requesting information should disclose to the FIU that will process the request at a minimum, the reason for the request, the purpose for which the information will be used, and enough information to enable the receiving FIU to determine whether the request complies with its domestic law.

Reporting entities are responsible to file in STR and/or CTR reports. Individuals who have reasons to suspect that a transaction or an activity is linked to money Laundering and/or Terrorist Financing can also file STR.

AML/CFT refers to anti-money laundering and countering or combating the financing of terrorism.