Authorities in Fiji are being given new powers to audit insurance companies, lawyer's trust funds and stock brokers under proposed anti-money laundering laws.
Chairman of the anti-money laundering committee, Sakiusa Rabuka, says a strict new Financial Transaction Reporting Act is being drawn up to police the abuse of financial and other institutions to launder money.
Mr Rabuka says any transactions over 6,000 U.S. dollars, or 10,000 Fiji dollars, have to be reported.
Money lenders, real estate agents, religious bodies and charitable organizations will also be included under the new laws.
