Financial Follow-Up Unit FFU
Supervises
All industries
Source pages
Who they are
Palestine's financial intelligence unit (Arabic: وحدة المتابعة المالية), an independent national central unit for combating money laundering and terrorist financing. Its about page says it was created in 2015 under Decree-Law No. 20 of 2015.
What they do
Receives and requests information on transactions suspected of money laundering or terrorist financing, then analyses it and disseminates the results. It also publishes AML/CFT instructions, regulations and high-risk-country decisions and carries out the policies set by the National Committee for Combating Money Laundering and Terrorist Financing.
Key laws & regulations issued
- Regulation Regulation No. (1) of 2023 Designating the Supervisory Authorities for Financial Institutions, Designated Non-Financial Businesses and Professions and Non-Profit Organisations for AML/CFT (نظام رقم (1) لسنة 2023 بتحديد السلطات المشرفة) 2023
- Regulation Decree No. (14) of 2022 on the Implementation of Security Council Resolutions (مرسوم رقم (14) لسنة 2022م بشأن تنفيذ قرارات مجلس الأمن) 2022
- Rule Instructions No. (4) of 2022 on Combating Money Laundering and Terrorist Financing for Financial Institutions (تعليمات رقم (4) لسنة 2022م بمكافحة غسل الأموال وتمويل الإرهاب الخاصة بالمؤسسات المالية) 2022
Latest news
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