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.