Upon completion of this course, participants will be able to:

• Understand the core functions, legal mandate, and **FATF requirements** for a Financial Intelligence Unit (FIU) and its role in the AML/CFT regime.
• Establish effective, secure, and legally compliant protocols for **information sharing** between the prudential/AML supervisor and the FIU.
• Utilize **Suspicious Activity Report (SAR) data** and FIU typologies to inform the risk rating and on-site examination planning for NBFIs.
• Develop a coordinated strategy for the referral of cases, **joint investigations**, and synchronized enforcement actions between the two agencies.
• Master the legal and ethical requirements for maintaining **confidentiality** and restricting the use of FIU-sourced intelligence.
• Analyze FIU-generated data (e.g., trend reports, sectoral analysis) to identify emerging money laundering risks in the NBFI sector.
• Formulate an internal policy to ensure that supervisory findings on AML control breakdowns are immediately and accurately shared with the FIU.
• Understand the role of the Egmont Group and international cooperation mechanisms relevant to FIU/supervisor information exchange.

• AML/CFT Supervisors and Examiners focused on NBFIs and MSBs.
• Financial Intelligence Unit (FIU) Analysts and Operational Staff.
• Regulatory Policy Developers specializing in AML/CFT and Information Sharing.
• Internal Auditors focused on AML/CFT Compliance.
• Law Enforcement and Investigative Authorities dealing with Financial Crime.

• FIU/Supervisor Information Sharing Protocol Design Workshops
• Case Studies on Successful Joint Supervisory/Investigative Actions (FIU/Regulator)
• Group Activities on Utilizing SAR Data for NBFI On-Site Examination Planning
• Expert Lectures on FATF Information Sharing Guidelines and the Egmont Group
• Workshops on Confidentiality Requirements and the Legal Use of FIU Intelligence
• Individual Exercises on Analyzing FIU Typology Reports for Emerging NBFI Threats

Unit 1: The FIU Mandate and Supervisory Interface

• Defining the FIU (Administrative, Law Enforcement, Judicial) and its core functions (receiving, analyzing, disseminating).
• The legal and policy basis for the FIU's relationship with the prudential/AML supervisor.
• Review of **FATF requirements** for effective cooperation and information exchange between the FIU and supervisory authorities.
• The value proposition: how FIU intelligence (SARs, typologies) enhances the supervisor's Risk-Based Supervision (RBS).
• The challenge of maintaining the FIU's independence while maximizing supervisory utility.

Unit 2: Information Sharing Protocols and Legal Basis

• Establishing clear, secure, and legally defensible protocols for information exchange (e.g., secure portals, dedicated liaison).
• Protocols for sharing **FIU-generated intelligence** (e.g., analytical reports, trend typologies) with the supervisor.
• The supervisor's obligation to share information on AML control breakdowns and formal enforcement actions with the FIU.
• Mastering the legal requirements and restrictions on the use and further dissemination of FIU intelligence.
• The role of a formal **Memorandum of Understanding (MOU)** to govern the information sharing relationship.

Unit 3: Utilizing FIU Data for Risk Assessment

• Analyzing **Suspicious Activity Report (SAR) data** volumes, quality, and patterns reported by NBFIs.
• Using FIU typologies and trend analysis to update the NBFI risk assessment matrix and focus on-site examinations.
• Developing automated tools (SupTech) to cross-reference supervisory data with FIU intelligence for anomaly detection.
• Protocols for supervisory follow-up on specific institutions that are high reporters or subject of FIU analysis.
• The role of the FIU in providing feedback to NBFIs on SAR quality and reporting trends.

Unit 4: Coordination of Investigations and Enforcement

• Developing a coordinated strategy for the **referral of cases** from the supervisor to the FIU for criminal investigation.
• Protocols for coordinating and synchronizing **supervisory enforcement actions** with the FIU's investigative timeline.
• The role of joint task forces or working groups to address specific emerging threats (e.g., illegal remittances, fraud schemes).
• Legal requirements for the use of FIU intelligence as evidence in a supervisory enforcement case.
• Managing the challenge of overlapping jurisdictions and avoiding interference in ongoing criminal investigations.

Unit 5: International Cooperation and Future Trends

• Understanding the role of the **Egmont Group** and the FIU's international cooperation channels (e.g., information requests, joint analysis).
• The relevance of international FIU cooperation to the supervision of cross-border MSBs and NBFIs.
• Future trends: using AI and big data analytics to enhance the speed and scope of FIU analysis for the NBFI sector.
• Strategies for enhancing the technical interoperability between the FIU and the supervisory IT systems.
• The impact of new payment technologies (e.g., virtual assets) on the need for updated FIU/supervisor coordination.