1. The Chief of the Unit may, without prior notice, order the cessation or temporary suspension of any Transaction suspected of being related to the Crime, for a period not exceeding ten (10) working days, based upon the Unit’s analysis of Suspicious Transaction Reports, or information or requests received from domestic or international sources, including a counterpart Unit or any authority competent to take such measures. 2. The Chief of the Unit may also, without prior notice, order the Freezing of Funds suspected of being related to the Crime and held with Financial Institutions, Designated Non-Financial Businesses and Professions, or Virtual Asset Service Providers, for a period not exceeding thirty (30) days, based upon the Unit’s analysis of Suspicious Transaction Reports and other information received thereby. Such order shall be subject to extension by the Attorney General or their delegate. 3. The Unit shall establish a system specifying the controls and procedures governing the cessation or suspension of Suspicious Transactions related to the Crime, and the conditions for lifting such cessation or suspension upon cancellation of the order or expiry of the prescribed term. 4. Financial Institutions, Designated Non-Financial Businesses and Professions, and Virtual Asset Service Providers shall lift the Freezing order upon its cancellation by the Chief of the Unit, or upon the expiry of the period referred to in Clause (2) of this Article, unless the same has been extended. 5. The Executive Regulations of this Decree by Law shall determine the procedures, rules, and controls governing the implementation of the provisions hereof.
Interpretation and application must be checked against the official text and current version.