Financial intelligence (FININT) is the gathering of information about the financial affairs of entities of interest, to understand their nature and capabilities, and predict their intentions. Generally the term applies in the context of law enforcement and related activities.
Why do we need financial intelligence?
To make use of financial intelligence, we need to know more. We need to understand how money works or what are assets are versus our liabilities. ... A lack of knowledge is what often forces us into making financial mistakes that get us into debt or enter into a poor financial investment, which can also lead us into debt.25 ene 2019
Why is financial intelligence important?
Finance intelligence equips managers to make sense of various ratio analyses, return on investment, etc. The new understanding helps them make informed and calculated decisions.
What is the work of FIU?
The core function of an FIU is the receipt, analysis and transmitting of reports of suspicions identified and filed by the private sector. The FIUs therefore function as an intermediary between the private entities, subject to AML/CFT obligations, and law enforcement agencies.