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FATF and Interpol launch joint initiative to prevent International financial crime

News Team, 03/10/2022

The Financial Action Task Force (FATF) and Interpol have launched a joint initiative to prevent international financial crime.

Countries intercept and recover less than one percent of global illicit financial flows, according to estimates by the United Nations.

Stolen assets are often moved out of countries quickly and channelled to or through multiple countries, rendering the process of asset recovery a complex and time-consuming international cooperation.

The partnership m...


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