Revised Laws of Saint Lucia (2021)

14L.        Liability of a Licensed Financial Institution for disclosure of information

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    (1)        A civil or criminal action or professional sanction may not be brought or taken against a person, director or an employee of a licensed financial institution who, in good faith, submits information or a sanitized report of a suspicious transaction or other report to the Central Bank.

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    (2)        Subsection (1) does not apply to —

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      (a)     a non-sanitized report of a suspicious transaction;

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      (b)     an internal unusual transaction report;

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      (c)     a letter of request for information from the Authority;

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      (d)     the register of enquiries.

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      (Inserted by Act 16 of 2021)