Section 12Part 2 — The Financial Reporting Authority
Guidelines
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The Financial Report ing Authority may, with the approval of the Steering Group, issue guidelines setting out —
any features of a transaction that may give rise to a suspicion that the transaction is or may be relevant to the enforcement of this Act ;
the forms and proc edures for making a report of any such transaction; and
the Authority ’ s operational procedures in connection with disclosures made to it under this Act .
The Financial Reporting Authority —
shall from time to time review any guidelines issued under subsection (1); and
may, with the approval of the Steering Group, issue an amendment or revocation of the guidelines.
The Financial Reporting Authority shall, without charge, make available for inspection at its office all guidelines issued u nder subsection (1), and all amendments to and revocations of the guidelines.