Suspicious Transaction Reporting Office
5.—(1)  There is to be an office of the Government called the Suspicious Transaction Reporting Office which is responsible for —
(a)the receipt and analysis of —
(i)any thing disclosed to a Suspicious Transaction Reporting Officer pursuant to a requirement under subsection (3) or pursuant to section 45(1);
(ii)any report under section 60 given to a Suspicious Transaction Reporting Officer under section 60(4) or forwarded to a Suspicious Transaction Reporting Officer under section 61;
(iii)any report under section 62 given to a Suspicious Transaction Reporting Officer under section 62(4);
(iv)any cash transaction report submitted to a Suspicious Transaction Reporting Officer under section 68(1);
(v)any cash transaction report filed with a Suspicious Transaction Reporting Officer under any regulations made under section 200 of the Casino Control Act 2006;
(vi)any cash transaction report submitted to a Suspicious Transaction Reporting Officer under section 17 of the Precious Stones and Precious Metals (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Act 2019;
[Act 19 of 2023 wef 01/04/2024]
[Act 6 of 2024 wef 01/05/2024]
(vii)any cash transaction report submitted to a Suspicious Transaction Reporting Officer under section 74A of the Pawnbrokers Act 2015; and
(viii)any information accessed by a Suspicious Transaction Reporting Officer under section 28L(4) of the Financial Services and Markets Act 2022; and
[Act 19 of 2023 wef 01/04/2024]
(b)the dissemination of the results of any such analysis.
[21/2014; 7/2019]
(2)  There is to be attached to the Suspicious Transaction Reporting Office such number of Suspicious Transaction Reporting Officers as appear to the Minister to be necessary for the performance of the responsibilities of the Suspicious Transaction Reporting Office.
[21/2014]
(3)  A Suspicious Transaction Reporting Officer who is attached to the Suspicious Transaction Reporting Office may require any person to disclose any document or information for the purposes of an analysis mentioned in subsection (1).
[21/2014]
(4)  Where a person discloses any document or information to a Suspicious Transaction Reporting Officer pursuant to a requirement under subsection (3) —
(a)the disclosure is not to be treated as a breach of any restriction against the disclosure imposed by law, contract or rules of professional conduct; and
(b)the person shall not be liable for any loss arising out of the disclosure or any act or omission in consequence of the disclosure.
[3A
[21/2014]