Signing of MoU between FIU-RMA and ACC

The Financial Intelligence Unit of Royal Monetary Authority (FIU-RMA) and the Anti- Corruption Commission (ACC) signed a Memorandum of Understanding (MoU) with respect to strengthening the existing cooperation and to expedite the exchange of information between the two agencies on 9th July 2014.


With the signing of the MoU, it is expected to enhance the cooperation between the agencies and to establish effective functional relationship without prejudice to each other’s institutional independence, statutory rights and obligations under the respective legislation.



Bhutan as the member of Asia Pacific Group (APG) on Money Laundering is obliged to comply with the FATF 40 Recommendations, this MOU sets out a framework for co-operation between the Authorities in areas of common interest where co-operation is essential for the effective and efficient implementation of FATF’s Recommendations.