The Financial Action Task Force (FATF), the Egmont Group of Financial Intelligence Units, Interpol and the United Nations Office on Drugs and Crime (UNODC) called for greater global collaboration between analysts, investigators, prosecutors and others to combat money laundering on Friday 5 September.
To mark the occasion, they have launched a handbook providing tools to help countries speed up investigations and bring more criminals to justice. This handbook highlights concrete cases that demonstrate the impact of international cooperation, and is accompanied by three practical guides.
FATF assessments consistently show that the investigation, prosecution and punishment of money laundering remains one of the weakest areas worldwide. Without more effective cooperation, countries cannot put an end to financial crime.
“An international threat requires an international response. A victim can often be on the other side of the world to the criminals that are destroying their lives or livelihoods”, emphasised FATF President Elisa de Anda Madrazo. “So we need to see countries working more effectively together and multiplying our defences to keep people safe, bring more criminals to justice and recover ill-gotten gains”.
The handbook: https://aeur.eu/f/ial
Practical guide for financial intelligence units: https://aeur.eu/f/ian
Practical guide for authorities: https://aeur.eu/f/iao
Practical guide for prosecutors: https://aeur.eu/f/iap (Original version in French by Anne Damiani)