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 of gold, silver, diamonds and…
Scale and scope of IFFs increasing due to coronavirus
The scale and scope of illicit financial flows (IFFs) could be increasing as authorities are distracted and overwhelmed by the coronavirus pandemic and its impacts according to Global Financial Integrity (GFI). The Washington-based think tank that focuses on IFFs says concerns are especially acute in…
