Laws, Policy and Procedural Measures
Implementation of the FTR Act and Regulations
The FTR Act outlines various requirements that financial institutions in Fiji have to meet in order to prevent or detect money laundering, terrorist financing and other related activities. These requirements in the FTR Act are based on international AML/CFT standards and the Financial Action Taskforce (FATF) Recommendations.
Entities and businesses that are required to comply with the requirements of the FTR Act include: