34. Sharing of information with foreign counterpart agencies

(1)

The Financial Intelligence Unit may share information with any foreign counterpart agency that performs similar functions based upon 569

BRUNEI DARUSSALAM GOVERNMENT GAZETTE reciprocity or mutual agreement on the basis of cooperation arrangements entered into between the Financial Intelligence Unit and such foreign counterpart agency.

(2)

The Financial Intelligence Unit may liaise with or enter into any agreement or arrangement with any international organisation regarding the exchange of information pursuant to this Order and disclose any report or information derived from such report to any international organisation in accordance with this Order.

(3)

The Financial Intelligence Unit may make inquiries on behalf of a foreign counterpart agency where the inquiry may be relevant to the foreign counterpart agency's analysis of a matter involving the investigation or prosecution of a money laundering offence or serious offence.

(4)

Notwithstanding subsection (3), the Financial Intelligence Unit may-

(a}

search its own databases, including information related to reports of suspicious transactions, and other databases to which the Financial

Intelligence Unit had direct or indirect access, including law enforcement databases, public databases, administrative databases and commercially available databases;

(b)

obtain from financial institutions or designated non-financial businesses and professions information that is relevant in connection with such request;

(c)

obtain from persons information that is relevant in connection with such request to the extent the Financial Intelligence Unit could obtain such information in a domestic matter; and

(d)

take any other action in support of the request of the foreign counterpart agency that is consistent with the authority of the Financial

Intelligence Unit in a domestic matter.

Report

Part III

Cross Border Movements of Physical Currency and Bearer Negotiable Instruments

Read on from Part III

Part IV

Restraining Orders, Confiscation Orders, Benefit Recovery Orders, Non-Conviction Based Forfeiture Orders and Unexplained Wealth Declarations

Read on from Part IV

Chapter IV

Read on from Chapter IV

Chapter LI

Read on from Chapter LI

Part VI

Read on from Part VI

Part VII

Read on from Part VII

Part VIII

General

Read on from Part VIII