
GCFFC urges FATF to recognise benefits of PPPs in fight against financial crime
Enabling increased information sharing in all ways – public to private, public to public, private to private, local to global – is an important factor in improving the ability of all stakeholders to fight financial crime more effectively according to a paper published by the Global Coalition to Fight Financial Crime (GCFFC).
Public private partnerships (PPPs) are a critical enabler in this context and can help create a framework of collaboration that allows financial crime to be tackled more effectively as part of a ‘whole system approach’, the coalition’s Effectiveness Expert Working Group Position Paper says.
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