FATF, INTERPOL, UNODC Issue Joint Call to Action

Why The FATF-Based Anti-Money Laundering System Fails to Catch the Proceeds of Corruption

Today’s Guest Post is by Robert Barrington, Professor of Anti-Corruption Practice at the Centre for the Study of Corruption, University of Sussex (UK) and formerly the Chair of Transparency International’s International Council. In recent years, anticorruption campaigners and policymakers have directed increased effort towards improving the global Anti-Money Laundering (AML) system. Imagine this system were operating perfectly. Would it stop kle…

FATF, INTERPOL, UNODC Issue Joint Call to Action

Governments must improve asset recovery efforts and to cooperate internationally to make financial investigations more targeted and effective. To continue reading... Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Inform…

Why collaboration, not isolation, is key to stopping financial crime

While financial institutions race to adopt the latest anti-fraud tools, one truth is becoming undeniable: financial crime is no longer isolated. It is fast-moving, complex, and coordinated across multiple platforms, jurisdictions, and institutions. And yet, most banks, FinTechs and crypto firms still respond in silos—leaving the door open for criminals to exploit the gaps, claims Salv. The scale of the problem is significant. In Poland alone, cr…

Salv pushes intelligence sharing to fight cross-border financial crime

While financial institutions race to adopt the latest anti-fraud tools, one truth is becoming undeniable: financial crime is no longer isolated. It is fast-moving, complex, and coordinated across multiple platforms, jurisdictions, and institutions. And yet, most banks, FinTechs and crypto firms still respond in silos—leaving the door open for criminals to exploit the gaps, claims Salv. The scale of the problem is significant. In Poland alone, cr…