Chapter 8 The General Directorate of Financial Intelligence
Article 76
The Directorate – as a national central agency, shall enjoy adequate operational independence, shall undertake receiving suspicious transaction reports or other reports or information relating to financing of terrorism as provided for by this Law and the Implementing Regulation, to analyze such reports and information, and to disseminate the results of its analysis to competent authorities, either spontaneously or upon request.
Article 77
1- The Directorate is authorized to obtain any additional information that the Directorate deems necessary to properly carry out its analysis. In cases where a financial institution has not submitted a report under Article 70, or the Directorate’s request does not relate to a report submitted by the requested financial institution, the Directorate shall request to provide the requested information only through the supervisory authority. The FI must provide the requested information promptly.
2- The Directorate may obtain any financial, administrative, or law enforcement information and any relevant information collected or maintained by or on behalf of competent authorities that it considers is necessary to carry out its function as per the legal provisions.
Article 78
Every person with duties for or within the Directorate is required to keep confidential any information obtained within the scope of these duties, even after the cessation of those duties.
Article 79
The Directorate may, on its own motion or by request, disseminate information and the results of its analysis to relevant competent authorities when there are grounds to suspect that a transaction is related to financing of terrorism. The Directorate shall have the authority to carry out its function freely, including the autonomous decision to conduct analysis, request, disseminate or forward specific information.
Article 80
Information disclosed to The Directorate may be exchanged with competent authorities.
Article 81
1- The Directorate may seek from or share with a foreign counterpart any information it has received in the course of its functions, and the Directorate may enter into an agreement or arrangement as per the legal procedures to facilitate the exchange of information with a foreign concerned authority.
2- Whenever the Directorate provides information under this Article to a foreign counterpart, it shall obtain from that foreign authority a suitable declaration or undertaking that the information provided by the Directorate will only be used for the purpose for which it was sought, unless the foreign counterpart agency seeks and obtains the agreement of the Directorate for the information to be used for another purpose.