A Partnership Agreement entered into by the Department of Customs & Inland Revenue and the Attorney General Office
- Published: Wednesday, 26 October 2016 10:02
The Director of Customs and Inland Revenue Department, Mr. Benjamin Malas and the Attorney General, Mr. Arnold Kiel Loughman has signed a historical secondment agreement on 21st October 2016 allowing the secondment of a Customs and Inland Revenue Officer to the Vanuatu Financial Intelligence Unit for 6 months. As explained by Director of FIU, Mr. Floyd Mera, the secondment agreement will enhance and foster closer cooperation between the Department of Customs and Inland Revenue (“DCIR”) and the Vanuatu Financial Intelligence Unit (“VFIU”).
The secondment agreement is a direct response to Vanuatu’s grey listing by the FATF early this year and aims to rectify deficiencies noted in both VFIU and DCIR. Both institutions will benefit in that VFIU urgently requires additional staff resources and DCIR requires an increased appreciation of financial intelligence.