The integrity of the global trade system and financial industry as well as both regional and global security are under growing threats posed by transnational criminal organisations (TCOs) and terrorist organisations according to the World Customs Organisation (WCO) and the… Read More ›

FIUs
WCO, Egmont Group and Interpol successfully conclude first Latin American AML/CFT operation
The World Customs Organisation (WCO), Egmont Group of Financial Intelligence Units (FIUs) and Interpol have successfully concluded their first anti-money laundering and counter financing terrorism financing (AML/CTF) joint investigation in the Western Hemisphere. Operation Tentacle-Latin America revealed extensive illicit movements… Read More ›
Information from financial institutions a core function for FIUs says Egmont Group
Analysis of information received from financial institutions is a core function of financial intelligence units (FIUs), particularly in the asset recovery process according to a new report by the Egmont Group of FIUs. The group facilitates and prompts the global… Read More ›
Egmont Group publishes report to help identify financial transactions linked with financing of extreme right-wing terrorism
The Information Exchange Working Group (IEWG) of the Egmont Group of Financial Intelligence Units (FIUs) has published a report to help agencies proactively identify financial transactions likely to be linked to the financing of extreme right-wing terrorism. The report, FIUs’… Read More ›
Liberia and Sierra Leone endorse joint communiqué on border security and call for more regional cooperation
Liberia and Sierra Leone have endorsed a joint communiqué signalling their intent to cooperate to introduce tighter controls on their shared borders to ensure transparent currency declarations and curb illicit and illegal cross-border activities, including trade-based money laundering (TBML) and… Read More ›
Afghan FIU disconnected from international network against money laundering and terrorist financing
The Financial Transactions and Reports Analysis Centre of Afghanistan (FinTRACA) from has been disconnected from the Egmont Secure Web (ESW) by the Egmont Group of Financial Intelligence Units (FIUs). In a brief statement the Egmont Group said it disconnected the… Read More ›
European parliament calls for an EU FIU and more funding for AML efforts
The European Commission has presented an ambitious package of four legislative proposals to strengthen the European Union’s (EU’s) anti-money laundering and counter financing of terrorism (AML/CFT) rules, which includes the creation of a new EU authority to fight money laundering… Read More ›
New authority plans to establish EU-level AML/CFT supervision and coordinate FIU efforts
A new European Union (EU) authority to fight money laundering will likely oversee the establishment of EU-level anti-money laundering and counter financing of terrorism (AML/CFT) supervision if a package of four legislative proposals to strengthen the union’s (AML/CFT) rules is… Read More ›