Misuse of trade finance, abuse of shell companies and proliferation financing targeted in Singapore’s digital platform for information sharing

Countering the misuse of trade finance for illicit purposes, abuse of shell companies and proliferation financing (PF) will be the initial three key financial crime risks in commercial banking focused on in Singapore’s new ambitious digital platform for financial institutions (FIs) to share information. The…

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’ Capabilities and Involvement in the…

Misuse of trade finance, abuse of shell companies and proliferation financing targeted in Singapore’s digital platform for information sharing

Countering the misuse of trade finance for illicit purposes, abuse of shell companies and proliferation financing (PF) will be the initial three key financial crime risks in commercial banking focused on in Singapore’s new ambitious digital platform for financial institutions (FIs) to share information. The…