Egmont Group Releases Summaries of Two Reports Regarding FIUs' Fight Against Money Laundering and Terrorist Financing

On July 12, 2019, the Egmont Group, a global body comprising 164 financial intelligence units (FIUs), released the summaries of two reports prepared by the Egmont Information Exchange Working Group (IEWG), which are titled “FIU Tools and Practices for Investigating Laundering of the Proceeds of Corruption” and “Counter Terrorist Financing Project Lone Actors and Small Cells”.

The first report examines tools, methods, techniques and indicators associated with laundering the proceeds of corruption, deployed by FIUs to collect, analyse and disseminate financial intelligence on cases related to corruption. The report also explores the main challenges faced by FIUs in their fight against financial crime.

Request a Free Trial

As a trusted source of regulatory intelligence for the global payments industry, we enable organisations to manage the growing volume and velocity of regulatory risk with confidence, empowering more informed and effective decision making, in an efficient and cost-effective way.

Take a Trial