Revamping Outdated Laws: Fiji’s Fight Against Scams and Corruption

Deputy Prime Minister and Minister for Trade Manoa Kamikamica recently expressed concerns about the inadequacy of current government legislation and regulations, stating that many are outdated and lack the necessary enforcement power. He highlighted a significant gap in response capabilities, particularly when dealing with scams, where action can only be taken after a police report is filed.

As part of an initiative to combat scams, Mr. Kamikamica mentioned that there is an ongoing review of relevant legislation to ensure it aligns with international best practices. This review aims to enhance the effectiveness of laws in tackling scams and potential money laundering, making them more robust and punitive as required.

During a recent parliamentary session discussing the ‘Review Report of the Fiji Financial Intelligence Unit Annual Report 2023,’ Mr. Kamikamica emphasized the importance of these legislative updates for maintaining financial integrity within the government. He underscored the necessity for revisions to ensure that legal frameworks evolve with current challenges and best practices.

Additionally, he indicated that the ministry is cooperating closely with the Financial Intelligence Unit (FIU) under the Indo-Pacific Economic Framework for Prosperity (IPEF) to enhance measures against money laundering, improve transparency, and foster collaboration among partner nations. This initiative reflects a commitment to uphold economic integrity and promote a corruption-free environment, which benefits various sectors.

Mr. Kamikamica also advocated for improved resourcing for the FIU, ensuring it has the tools necessary to perform its critical functions effectively.

In summary, the Deputy Prime Minister’s statements highlight a proactive approach to reform and better enforcement in Fiji’s legislative response to financial crimes. By aligning local laws with international standards, Fiji aims to enhance its economic integrity and foster a safer business environment.

This effort serves as a hopeful sign of progress, as the government seeks to create a fairer and more transparent system for its citizens and businesses alike.