How to Register with the Financial Intelligence Unit of Trinidad and Tobago (FIUTT)
Hello everyone,
If you’re a business, company, or individual that performs functions listed in the First Schedule of the Proceeds of Crime Act, Chap 11:27, or are a non-regulated financial institution as defined in Section 2 of the Financial Intelligence Unit of Trinidad and Tobago Act, you are required to register with the FIUTT. These entities are collectively called Supervised Entities.
**Steps to Register with the FIUTT:**
1. **Confirm Your Eligibility:** Ensure your business falls under the categories that need to register. You can consult the [FIUTT List of Supervised Sectors](https://fiu.gov.tt/) to confirm.
2. **Download the Registration Form:** Download and complete the “Registration of Listed Business” form. This can be done electronically or manually using a blue ink pen.
3. **Print and Sign:** Once filled, print the form and sign it.
4. **Gather Required Documents:** Along with the form, you’ll need to provide copies of IDs, Fit and Proper Questionnaire, Certificate of Incorporation, and any other documents requested by the FIUTT.
5. **Submission:** Submit all the documents in a sealed envelope to:
“`
The Director
Financial Intelligence Unit of Trinidad and Tobago
Level 25, Tower D
International Waterfront Complex
1A Wrightson Road
Port of Spain
Trinidad, West Indies
“`
Important Points:
– Ensure all fields in the form are completed.
– Provide accurate information.
– Include details for all directors, owners, or partners.
For those in the Money or Value Transfer Service (MVTS) business, there are specific guidelines and classes of business that are permitted to perform MVTS activities. Ensure you comply with the registration guidelines issued jointly by the FIU and the Central Bank of Trinidad and Tobago.
Non-Profit Organizations (NPOs): All NPOs must register with the Registrar General Department. Failure to do so can result in hefty fines and imprisonment. Only NPOs with an annual income of over Five Hundred Thousand Dollars ($500,000) will be supervised by the FIU.
I hope this guide helps you navigate the registration process with the FIUTT. If you have any questions, feel free to ask!
Note: This post is based on the information provided on the FIUTT’s official website. Always refer to the official website or contact the FIUTT directly for the most accurate and up-to-date information.
