AML/CTF/CPF
Industry News
The summit aims to bring together governments, civil society and the private sector to build an international coalition against dirty money and strengthen global enforcement.
Key developments include:
➡️ International Coalition Building: The summit will convene governments, Non-Governmental Organisation (NGOs), financial institutions and major banks to coordinate global action against corruption, money laundering and illicit financial flows;
➡️ Focus on Modern ML Methods: Discussions will target key channels used to move dirty money, such as illicit gold trading, property-based laundering, and misuse of crypto-assets;
➡️ Strengthened Enforcement & Recovery: The summit aims to boost cross-border cooperation to prevent, disrupt and recover criminal proceeds, aligning with the UK’s new Anti-Corruption Strategy; and
➡️ New Funding for Investigative Journalists: The UK announced £3M to support Transparency International, Organised Crime and Corruption Reporting Project (OCCRP) and Anti-Corruption Data Collective (ACDC) in uncovering corruption networks and exposing illicit wealth.
✅ Firms should stay informed about upcoming policy and enforcement changes, assess exposure to high-risk laundering channels, and strengthen cross-border financial crime controls as global cooperation intensifies.
