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alert  --- New Editable Reporting Form for Credit Intitutions (doc/pdf/odt) in Electronic STR Submission  

       --- FATF:Mutual Evaluation 10th Follow-Up Report  

 

By Law 3932/2011 which amended Law 3691/2008 the Anti-Money Laundering, Counter- Terrorist Financing Commission was renamed the “Anti-Money Laundering, Counter-Terrorist Financing and Source of Funds Investigation Authority”.
The Authority is a national unit aiming at combatting the legalization of proceeds from criminal activities and terrorist financing, assisting in security and sustainability of fiscal and financing stability.

Its mission, according to L.3691/2008 , as amended by L.3932/2011, is the collection, the investigation and the analysis of suspicious transactions reports (STR’s) that are forwarded to it by legal entities and natural persons, under special obligation, as well as every other information that is related to the crimes of money laundering and terrorist financing and the source of funds investigation.

The Authority has been restructured into three (3) individual units as follows:

■ The Financial Intelligence Unit (FIU). In addition to the President, the FIU comprises seven (7) Board Members of the Authority. At the end of each year, the FIU submits an activities report to the Institutions and Transparency Committee of the Hellenic Parliament and the Ministers of Finance, Justice, Transparency & Human Rights and Citizen Protection.

■ The Financial Sanctions Unit (FSU). In addition to the President, the FSU comprises two (2) Board Members of the Authority. At the end of every year, the Unit submits an activities report to the Ministers of Foreign Affairs, Justice, Transparency & Human Rights and Citizen Protection.

■ The Source of Funds Investigation Unit (SFIU). In addition to the President, the SFIU comprises two (2) Board Members of the Authority. At the end of every year, the Unit submits an activities report to the Institutions and Transparency Committee of the Hellenic Parliament and the Ministers of Finance and Justice, Transparency & Human Rights.

The president is an acting Public Prosecutor to the Supreme Court appointed by a Decision of the Supreme Judicial Council and serves on a full –time basis.