Cap. 618 чл. 26Notification and reporting requirements.

(1) The Fund shall notify and report to the FIAU where it suspects that transferred deposit liabilities are the proceeds of criminal activity or are related to the funding of terrorism, or that a transferred depositor may have been, is or may be connected with money laundering or the funding of terrorism.

(2) Following a notification in accordance with sub-regulation (1), the FIAU may demand information from the Fund. Where such a demand is made, the Fund shall comply as soon as is reasonably practicable but not later than five (5) working days from when the demand is first made:

Provided that the Fund may make representations justifying why the requested information cannot be submitted within the said time and the FIAU may, at its discretion and after having considered such representations, extend such time as is reasonably necessary to obtain the information, whereupon the Fund shall submit the information requested within the time as extended.