This is the Intra-Governmental Committee established by virtue of section 49 of the Proceeds of Crime Act 1997 (POCA) for the purpose of advising the Minister of Justice:

1. In relation to the detection and prevention of money laundering in Bermuda, including the making of Regulations for this purpose;
2. On the development of a national plan of action to include recommendations on effective mechanisms to enable the competent authorities in Bermuda to coordinate with each other concerning the development and implementation of policies and activities to combat money laundering;
3. As to the participation of Bermuda in the international effort against money laundering.

The Committee’s responsibilities have been statutorily extended to include:

1. Providing advice to the Minister of Justice in regards to the making of Regulations for detecting and preventing the financing of terrorism. [Section 12A (1) of the Anti-Terrorism (Financial and other Measures) Act 2004]
   

Reporting Suspicious Transactions
Persons having any reason to suspect the commission of an offence under sections 43 to 45 of the Proceeds of Crime Act 1997 or under sections 5 to 8 of the Anti-Terrorism (Financial and other Measures) Act 2004, should report their suspicions to:

The Director of the Financial Intelligence Agency (FIA)
Strata 'G' Building
30A Church Street
6th Floor
Hamilton HM11
Bermuda

Telephone: 441-292-3422
Fax: 441-296-3422
Email: info@fia.bm
Website: www.fia.bm