TaxTMI 
TaxTMI 
Breach of confidentiality of information provided by FIU-IND
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....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 to the notice of CBDT certain instances involving breach of the co....
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....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 information received from FIU-IND. As per the MoU, CBDT has agreed to "ensu....
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....partmental 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 that STRs are shared by the Principal Officer of the bank at central level and t....
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....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 in this regard. (iii) The source of information as FIU-IND or STR shall not be mentioned by any of....