Functions.
Section 2
SECTION 2. Functions.—The FDIIB shall be the intelligence and investigation arm of the Department of Finance and shall have the following functions: It shall receive, gather, collate and evaluate and disseminate intelligence data and information primarily on the modes, methods, nature and extent of smuggling, tax evasion, and other related illegal activities. It shall cause investigations of such cases to find out the guilty parties; It shall monitor the finance and economic activities of persons or entities, whether domestic or foreign, which may adversely affect national interest and security; It shall conduct counter-intelligence on smuggling, tax evasion and other related illegal activities; It shall coordinate with other Government agencies and low enforcement functionaries for necessary assistance in carrying out any of its functions. It shall render reports and submit intelligence assessments to the Secretary of Finance, the Director General, NISA, and to such other officials as may be directed; It shall recommend steps or actions as may be appropriate to prevent or suppress smuggling, tax evasion and other related illegal activities; and It shall exercise such other functions and perform such other duties as may be directed by competent authority.