Section 20

No financial institution or designated non-financial business and profession, nor any director, partner, officer, principal or employee thereof shall disclose to their customer or a third party that a report or any other information concerning suspected money laundering or financing of terrorism will be, is being or has been submitted to the Financial Intelligence Unit, or that a investigation into a serious offence, a money laundering offence or an offence substantially similar to those two, is being or has been carried out except in the circumstances set in subsection (2) or when otherwise required by any written law to do so.

A disclosure may be made to carry out a function that a person has relating to the enforcement of any provision of this Order or of any other enactment, or, in the case of an advocate, notary, other independent legal professional or accountant acting as an independent legal professional when seeking to dissuade a client from engaging in illegal activity.

Any person who contravenes subsection (1) is guilty of an offence and liable on a conviction to a fine not exceeding $500,000, imprisonment for a term of 5 years or both.

Internal reporting procedures.