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Madagascar

Last updated: 31/07/2008

Madagascar officially opened a Financial Intelligence Unit in July of 2008. The FIU has no legal power but will undertake investigations of money laundering and terrorist financing by analyzing STR’s received from banks, insurance companies, exchange bureaus, casinos and estate agencies. [1]


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Sources

  1. Helen O´Gorman, "Madagascar open FIU,” 22 July 2008, www.complinet.org.