Breach of confidentiality of information provided by FIU-IND

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....an Extension, New Delhi - 110055 4th September, 2017 OFFICE MEMORANDUM Sub: Breach of confidentiality of information provided by FIU-IND  Ref: O.M. vide F. No. 290/27/2013-Dir (Inv. lV)/442 dated 27th June, 2014, 291 dated 6th May. 2015, F. No. 290/52/ 2013/ Dir.(Inv.lV)/378 dated 15th May, 2015, F. No. 290/27/2013 Dir(lnv.IV)/ 2916 dated 31.3.2016 1. The FIU-IND has brought....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Policy, Risk Rating Policy etc. of the Banks. These documents could be relevant for investigation under Prevention of Money Laundering Act, which is not administered by the Department. 3. The undersigned is directed to state that information received from FIU-IND is governed by a Memorandum of Understanding between CBDT and FIU-IND which prescribes maintenance of strict confidentiality of info....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....er who has forwarded the information, shall not be disclosed, in any departmental or judicial proceedings". 3.1 Further, it has been brought to the notice of the Board that while requisitioning information from Banks, the STR number of that account or linked account or the fact that information has been provided by FIU is being mentioned. In this regard, attention is drawn to the fact tha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....osing agencies and any breach in this regard may cause an irreparable damage to the country as whole. 4. In view of the above, it is directed that: (i) Utmost confidentiality must be maintained in respect of information and documents received from FIU-IND. (ii) These shall not be shared with/by or allowed access to any person in contravention of the MoU and guidelines of CBDT ....