The Isle of Man's Financial Intelligence Unit (FIU) was established by the Financial Intelligence Unit Act 2016 (FIU Act 2016). Prior to the creation of the FIU it was one of the functions of the Isle of Man Constabulary Financial Crime Unit.
The Isle of Man's Financial Intelligence Unit (FIU) purpose is to protect the integrity of the Isle of Man's financial system and contribute to the administration of justice through its expertise in detecting financial crime, countering money laundering and the financing of terrorism.
The FIU is a full member of the Egmont Group of FIUs, and adheres to the Egmont Group Statement of Purpose and its Principles for Information Exchange between FIUs.
The FIU is supervised by the FIU Board, which is a statutory board established by the FIU Act 2016. The FIU Board is made up of the Attorney General (Chair), the Chief Constable and the Collector of Customs and Excise. The Director is delegated operational functions, acts as Accounting Officer and reports to the FIU Board.
The FIU staff presently consists of a Director, a senior Customs and Excise supervisor, three Customs and Excise Investigators and three Constabulary Detective Constables. These officers are supported by an Office Manager/ Analyst and an Administrative Officer.
It is located on the third floor of Finch Hill House in Bucks Road, Douglas.
