Centif- "Report 112 STRs in 2013, an increase of 16.67% compared to 2012"

National Processing Unit fiancières information (FIU) has released its annual report on Thursday in Dakar in 2013. For 2013, "112 STRs were received by the FIU, an increase of 16.67% over 2012."
Receipt of STRs The Cell has started to analyze information relating to facts that could constitute acts of money laundering or terrorist financing in order to disseminate the results, if any, to the competent authorities.

STRs received are both operations actually carried out and on the introduction in the financial system are the lawfulness of which is not proven, given the information available at the discretion of the reporting entities attempts.

The rate case processing has accelerated significantly in 2013, to favor of an option taken early in the year to focus the action on the cell mainly the operational side of its missions.

During 2013, the Unit received one hundred twelve (112) STRs from banks (94, or 84% of the total), decentralized financial systems  (14, 13%), solicitors (1) and various other structures (3).
  FIU
Reports received in 2013 are all related to suspected money capital. No suspicion of financing or attempted terrorist financing has indeed been reported to the Unit during the period under review.
However, a monitoring and warning exists within financial institutions for monitoring, in general, all transactions that may be related to a terrorist organization or terrorist financing and, in particular, donations of money liquid for the benefit of nonprofit organizations.

The number of reports received in 2013 increased by 16.67% compared to its level
the previous year he had moved to 96 units, a figure that had hitherto not been equaled. This development follows the trend of almost continuous increase observed since the start of operations of the FIU.

Over the period from 2005 to 2013, the cumulative volume of STRs received totaled 673 It consists, predominantly, reports made by banks with a share of 85%. The other respondents are financial administration (8%), DFS (4%), notaries (2%), etc.
FIU

This reflects the centrality of the banking system in financial intermediation. It nonetheless points to the involvement but significant but relatively insufficient other stakeholders.

This is DFS, despite an encouraging development, and more approved manual changes that seem totally on the sidelines of the anti against financial crimes.

Regarding the business sector and non-financial professions (DNFBPs), it is characterized either by a situation that could be likened to an indifference or rejection from the subject or, in some cases, the lack of a supervisory authority and control of compliance with AML / CFT.

Treatment of suspicious

The analysis of data provided by the subject requires research, with domestic and foreign partners, for additional information related to the individuals named in the reports of suspicious or concerning financial transactions led to referral to the FIU.

To access this information, the Unit in 2013 - before the national natural and legal persons of two hundred and thirty six (236) applications; - Sent twenty eight (28) requests for information to Foreign Financial Intelligence; - Consulted with international databases (I 24/7 Interpol Egmont Secure Web,
World-Check, etc.).

Results of investigations of the FIU

One hundred and fifteen (115) records that relate to three hundred twenty (123) STRs were treated in 2013. Eighty-seven (87) of these cases have been ranked in the absence of evidence  confirming suspicions that prompted the referral to the FIU. However, the resumption of investigations is possible if new facts or insights about coming to the be known by the cell.

With regard to referral to the judicial authorities, twenty four (24) reports were sent to the Prosecutor of the Republic between January 1 and December 31, 2013, in accordance with Article 29 of Law No. 2004-09 . One hundred and eight (108) reports were forwarded to the courts since 2005, when the start-up of the FIU.

Based on the information available, four (4) records from the cell were found in the last year and resulted in three (3) convictions and one acquittal.

Court proceedings switched since 2005 have resulted in the end of 2013, thirteen (13) convictions, eight (8) non-place, one (1) incompetence and two (2) release.

Synthesis Harouna FALL