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*home* Financial Crime Investigation Service under The Ministry of the Interior of the Republic of Lithuania

Activities

Financial Crime Investigation Service (hereinafter – Service) implements money laundering and terrorist financing prevention measures aimed at creating an effective national anti-money laundering system and ensures its proper functioning as well as conducts pre-trial investigation of legalisation of the funds and property derived from the criminal activity.

The Service is the main state institution responsible for co-ordination of cooperation of the institutions related to the implementation of money laundering prevention measures.

The Money Laundering Prevention Division of the Analysis and Prevention Board (hereinafter – MLPD) is the main unit within the Service responsible for the prevention and analysis of money laundering and terrorist financing. It is the Lithuanian financial intelligence unit (FIU) and is obliged as follows:

  • collect and record the information about the monetary operations and transactions of the customer and about the customer carrying out such operations and transactions;
  • accumulate, analyse and publish the information relating to the implementation of money laundering and terrorist financing prevention measures;
  • communicate to law enforcement and other state institutions the information about the monetary operations and transactions carried out by the customer;
  • provide to financial institutions and other entities the information on criteria for identifying possible money laundering and terrorist financing and suspicious or unusual monetary operations or transactions;
  • notify financial institutions and other entities, law enforcement and other state institutions about the results of analysis of and investigation into their reports on suspicious or unusual monetary operations and transactions, on the observed indications of possible money laundering and terrorist financing or violations;
  • evaluate the legal acts and submit proposals about the improvement following the international standards and recommendations

 

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