(1) In addition to the functions, powers and duties mentioned at other places of this Act, the functions, powers and duties of the Financial Information Unit shall be as follows:-
(a) To obtain details of transactions under Section 7 from government entities, bank, financial institution and non-financial institution
regularly and maintain records of those details by scrutinizing them,
(b) To conduct preliminary inquiry, in case the notice, details and documents available to it requires inquiry and investigation on assets laundering and send its details to the concerned Department,  government entity, bank, financial institution and non-financial institution,
(c) To communicate the Department the details received pursuant to Clause (a) or including the extensive details if it appears doubtful or
arises any doubt or prevails reasonable ground not to believe the transaction upon conducting the inquiry pursuant to Clause (b) . write to the Department with extensive details, should there appear doubtful transactions or looks dubious or there are reasonable grounds to doubt in the details received pursuant to clause (a) or from the inquiry made pursuant to clause (b),
(d) To send notice, details and documents regarding assets laundering to the Financial Information Units of other country and international
organization, institutions reciprocally and receive such notice from concerned country and international organization and institution,
(e) To inspect transactions and records of bank, financial institution and non financial institution, to obtain any information or clarification
about such transactions and records and their copies if necessary,
(f) To manage required training programs for the staffs of government entities, Departments and Financial Information Unit for prevention
of assets laundering,
(g) To carry out other functions as prescribed.
(2) The entity authorized to regulate bank, financial institution and non- financial institution under prevailing laws may receive information from the
Financial Information Unit and may provide information available with it to the Unit.
(3) The Financial Information Unit may give necessary directives to the concerned bank, financial institution and non-financial institution about the
method, form, time and other procedures regarding the submission of details, statistics, notices and information pursuant to Clause (a) of Sub-Section (1) and it
shall be the duty of such bank, financial institution and non-financial institution to abide by such directives