2010-2011 Egmont Group Annual Report

826

Last year’s Egmont Group Annual Report reflected on the first 15 years of the Egmont Group. It celebrated the growth in the Egmont Group and the global network of FIUs and what had been achieved in enhancing international cooperation in the exchange of information to combat money laundering and the financing of terrorism.

Since then, the Egmont Group has continued to examine how FIUs and Egmont have evolved, to the present day where the Egmont Group participates with confi-dence in the international AML/CFT arena, bringing with it 16 years of individual and collective experience from 127 FIUs from around the globe. The Egmont Group’s work with other international and regional organizations
over 2010 and 2011 has often highlighted that understanding could be improved about the role of the FIUs and the value they bring to national and international efforts in combating money laundering and the financing of terrorism. In particular, the way in which FIUs contribute to AML/CFT intelligence, investigatory and prosecutorial processes.
This Section will emphasize and illustrate the value added by FIUs to the national, as well as to international, AML/CFT efforts; the uniqueness of the roles and functions of an FIU and how they can be used for AML/CFT; and the benefits FIUs receive by being members of the international network of FIUs, the Egmont Group.
Contents:

1.0    Introduction

  •     Remarks by the Chair, Egmont Group .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 3
  •     Remarks by the Executive Secretary.  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 5

2.0     Enhancing AML/CFT Cooperation

  •     Role of the FIU The in the national AML/CFT operational network.  .  .  .  .  .  .  .  .  .  . 7
  •     International Cooperation and Benefits of Egmont Group Membership. .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
  •     Case Examples. .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 11

3.0      Meetings

  •     Moldova Working Group Meetings. . 17
  •     Joint Egmont/FATF Experts’ Meeting on Typologies .  .  .  .  .  .  .  .  .  .  . 17
  •     Aruba Working Group Meetings.  .  .  . 17
  •     19th Egmont Plenary and Heads of FIUs’ Meeting .  .  .  .  .  .  . 18

and more….

Detailed report link: here

© 2012 The Egmont Group