{"id":4827,"date":"2024-07-31T10:00:37","date_gmt":"2024-07-31T06:00:37","guid":{"rendered":"https:\/\/www.fiumauritius.org\/fiu\/?post_type=ufaq&#038;p=4827"},"modified":"2024-07-31T10:00:40","modified_gmt":"2024-07-31T06:00:40","slug":"what-is-a-suspicious-transaction","status":"publish","type":"ufaq","link":"https:\/\/www.fiumauritius.org\/fiu\/?ufaq=what-is-a-suspicious-transaction","title":{"rendered":"What is a Suspicious Transaction?"},"content":{"rendered":"<div  class=\"ewd-ufaq-faq-list ewd-ufaq-page-type-distinct ewd-ufaq-category-tabs-\" id='ewd-ufaq-faq-list'>\n\n\t<input type='hidden' name='show_on_load' value='' id='ewd-ufaq-show-on-load' \/>\n<input type='hidden' name='include_category' value='' id='ewd-ufaq-include-category' \/>\n<input type='hidden' name='exclude_category' value='' id='ewd-ufaq-exclude-category' \/>\n<input type='hidden' name='orderby' value='title' id='ewd-ufaq-orderby' \/>\n<input type='hidden' name='order' value='asc' id='ewd-ufaq-order' \/>\n<input type='hidden' name='post_count' value='-1' id='ewd-ufaq-post-count' \/>\n<input type='hidden' name='current_url' value='\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fufaq%2F4827' id='ewd-ufaq-current-url' \/>\n\t\n\t\n\t<div class='ewd-ufaq-faqs'>\n\n\t\t<div  class=\"ewd-ufaq-faq-div ewd-ufaq-faq-column-count-one ewd-ufaq-faq-responsive-columns- ewd-ufaq-faq-display-style-default ewd-ufaq-can-be-toggled\" id='ewd-ufaq-post-4827-rRRydLvnMg' data-post_id='4827'>\n\n\t\t\n\t<div class='ewd-ufaq-faq-title ewd-ufaq-faq-toggle'>\n\t\n\t<a class='ewd-ufaq-post-margin'  href='#' role=\"button\">\n\n\t\t<div class='ewd-ufaq-post-margin-symbol ewd-ufaq-'>\n\t\t\t<span >A<\/span>\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-faq-title-text'>\n\n\t\t\t<h4>\n\t\t\t\tWhat is a Suspicious Transaction?\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-clear'><\/div>\n\n\t<\/a>\n\t\n<\/div>\n\t\n\t<div class='ewd-ufaq-faq-body' >\n\n\t\t\n\t\t\t<div class='ewd-ufaq-faq-categories'>\n\t\n\tCategory:\n\t\n\t\tSuspicious Transaction Report And Money Laundering Reporting Officer\n\t\n<\/div>\n\t\t\n\t\t\t<div class='ewd-ufaq-post-margin ewd-ufaq-faq-post'>\n\t\n<p>A\u00a0<strong>Suspicious Transaction<\/strong>\u00a0is defined under the\u00a0<strong>FIAMLA<\/strong>\u00a0as a transaction which:<\/p>\n\n\n\n<p>(a) gives rise to a\u00a0<strong>reasonable suspicion<\/strong>\u00a0that it may involve:<\/p>\n\n\n\n<p>(i) the\u00a0<strong>laundering of money<\/strong>\u00a0or the proceeds of any crime; or<\/p>\n\n\n\n<p>(ii)\u00a0<strong>funds<\/strong>\u00a0linked or related to, or to be used for, the\u00a0<strong>financing of terrorism<\/strong>\u00a0or\u00a0<strong>proliferation financing<\/strong>\u00a0or, any other\u00a0<strong>activities or transaction related to terrorism<\/strong>\u00a0as specified in the Prevention of Terrorism Act or under any other enactment, whether or not the funds represent the proceeds of a crime;<\/p>\n\n\n\n<p>(b) is made in\u00a0<strong>circumstances of unusual or unjustified complexity<\/strong>;<\/p>\n\n\n\n<p>(c) appears to have\u00a0<strong>no economic justification<\/strong>\u00a0or lawful objective;<\/p>\n\n\n\n<p>(d)is made by or on behalf of a person whose\u00a0<strong>identity has not been established<\/strong>\u00a0to the satisfaction of the person with whom the transaction is made; or<\/p>\n\n\n\n<p>(e)\u00a0<strong>gives rise to suspicion<\/strong>\u00a0for any other reason.<\/p>\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t<\/div>\n\n<\/div>\n\t<\/div>\n\n\t\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A What is a Suspicious Transaction? Category: Suspicious Transaction Report And Money Laundering Reporting Officer A\u00a0Suspicious Transaction\u00a0is defined under the\u00a0FIAMLA\u00a0as a transaction which: (a) gives rise to a\u00a0reasonable suspicion\u00a0that it may involve: (i) the\u00a0laundering of money\u00a0or the proceeds of any crime; or (ii)\u00a0funds\u00a0linked or related to, or to be used for, the\u00a0financing of terrorism\u00a0or\u00a0proliferation financing\u00a0or, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.fiumauritius.org\/fiu\/?ufaq=what-is-a-suspicious-transaction\"> <span class=\"screen-reader-text\">What is a Suspicious Transaction?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"comment_status":"closed","ping_status":"closed","template":"","ufaq-category":[52],"ufaq-tag":[],"class_list":["post-4827","ufaq","type-ufaq","status-publish","hentry","ufaq-category-suspicious-transaction-report-and-money-laundering-reporting-officer"],"_links":{"self":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/ufaq\/4827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/ufaq"}],"about":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/types\/ufaq"}],"author":[{"embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4827"}],"wp:attachment":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4827"}],"wp:term":[{"taxonomy":"ufaq-category","embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fufaq-category&post=4827"},{"taxonomy":"ufaq-tag","embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fufaq-tag&post=4827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}