INTERPOL, the Financial Action Task Force (FATF), and the United Nations Office on Drugs and Crime (UNODC) have issued a joint call for nations to enhance anti-money laundering (AML) measures. This collaborative warning, issued during the 33rd UN Commission on Crime Prevention and Criminal Justice in Vienna, emphasizes the necessity of safeguarding financial systems against organized crime.
Leaders from the three organizations—Jürgen Stock of INTERPOL, T. Raja Kumar of FATF, and Ghada Waly of UNODC—highlighted the significant profits generated by transnational organized crime, which they say fund conflicts, terrorism, and adversely affect vulnerable communities. They stressed the importance of robust AML measures to disrupt these criminal networks and enhance global crime prevention.
The trio underscored the urgency of implementing rigorous AML protocols and policy reforms, particularly in anticipation of the UN 2026 Crime Congress scheduled to be held in the United Arab Emirates. They cited improvements in countries like Croatia, Lithuania, and Cyprus, which have received positive ratings for their efforts in enhancing AML frameworks.
The leaders also pointed out the critical role of financial integrity in ensuring global stability, peace, and security. They emphasized the need for global cooperation and a unified approach to sever the financial lifelines of criminal enterprises, advocating for enhanced asset recovery measures.
The conference highlighted the collaborative efforts between member states, the private sector, and civil in implementing effective AML strategies. The discussion also covered the acceleration of operational work through public-private partnerships and task forces, which are pivotal in bolstering the global fight against financial crime.
By focusing on capacity building, implementing a risk-based approach, fostering multi-sectoral partnerships, and leveraging technology, the organizations aim to enhance the effectiveness of AML measures worldwide.
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