Efforts to address the substantial profits generated by transnational organized crime, which fuel conflicts, finance terrorism, and harm vulnerable communities, require urgent attention from countries worldwide.
UNODC Executive Director Ghada Waly emphasized the critical importance of safeguarding financial integrity in promoting peace, security, and sustainable development. Waly expressed readiness for UNODC to collaborate with governments, the private sector, and partners such as FATF and INTERPOL to strengthen financial and criminal investigations aimed at dismantling illegal financial networks supporting terrorism and organized crime.
While acknowledging recent improvements to FATF’s international standards on anti-money laundering and terrorism financing, leaders called for expedited progress on policy reforms and capacity building ahead of the UN 2026 Crime Congress, to be held in the United Arab Emirates.
Ensuring financial integrity remains crucial, particularly for supporting countries encountering challenges in implementing effective anti-money laundering and terrorist financing frameworks.
Leaders also noted the positive impact of member countries increasingly engaging with the private sector and civil society to implement coordinated approaches against financial crime. They highlighted the accelerating operational work through public-private partnerships and task forces, which enhances the global effectiveness of implementation efforts.
Discussions at the event, titled “Taking the Profits out of Crime: Accelerating the Effective Implementation of Anti-Money Laundering and Countering the Financing of Terrorism Standards Globally,” centered on capacity building, implementing a risk-based approach, fostering multi-sectoral partnerships, and leveraging technology to enhance effectiveness in combating financial crime.
UNODC, FATF, and INTERPOL reiterated their commitment to urging member states to enhance their anti-money laundering and countering the financing of terrorism frameworks leading up to the 2026 Crime Congress
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