*  *  *  Distinguished Invited Guests; Members of the media; Ladies and Gentlemen; I would like to welcome all of you to the Bank of Namibia this morning. The occasion today is to officially launch the commencement of the Financial Intelligence Act and to also launch our public awareness campaign.
As you are all by now aware, the Financial Intelligence Act was enacted in 2007. The Act empowers the Bank of Namibia, amongst others to receive suspicious transaction reports from reporting entities, to analyze such reports, and to disseminate the intelligence gathered to law enforcement agencies for further investigation and possible prosecution.