Section 15: Lodging of reports of suspicious transactions
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
15. Lodging of reports of suspicious transactions
(1) Every report under section 14 shall be lodged with FIU.
(2) For the purpose of this Part, every report shall be in such form as FIU
may approve and shall include—
(a) the identification of the party or parties to the transaction;
(b) the amount of the transaction, the description of the nature of the
transaction and all the circumstances giving rise to the suspicion;
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Revised Laws of Mauritius
(c) the business relationship of the suspect to the bank, financial
institution, cash dealer or member of relevant profession or occupation, as the case may be;
(d) where the suspect is an insider, any information as to whether
the suspect is still affiliated with the bank, financial institution,
cash dealer, or member of a relevant profession or occupation,
as the case may be;
(e) any voluntary statement as to the origin, source or destination of
the proceeds;
(f) the impact of the suspicious activity on the financial soundness
of the reporting institution or person; and
(g) the names of all the officers, employees or agents dealing with
the transaction.
(3) No report of a suspicious transaction shall be required to be disclosed, or be admissible as evidence, in any court proceedings.
[S. 15 amended by s. 11 (g) of Act 27 of 2012 w.e.f. 22 December 2012; s. 17 (g) of Act 27
of 2013 w.e.f. 21 December 2013.]