A new report from the Financial Action Task Force (FATF) highlights the urgent need for authorities and the private sector to work together to combat money laundering, terrorist financing and proliferation financing (ML/TF/PF), in an era of increased digitalisation, and given the speed and complexity of cross-border transactions.
Information Sharing to Combat Illicit Finance: Global Overview of Public and Private Sector Partnerships and Data Protection Arrangements examines how public-private partnerships (PPPs) and other information-sharing mechanisms can help jurisdictions and the private sector to detect, analyse and disrupt financial crime activity at speed and scale.