International Cooperation Crucial in Combating Financial Crime in Chile
In a stark warning, United Nations Secretary-General António Guterres has emphasized the critical need for global cooperation to combat transnational organized crime. He described it as a “vicious threat to peace, security, and sustainable development.”
The Devastating Consequences of Transnational Organized Crime
Guterres highlighted the devastating consequences of this multi-billion-dollar industry, which encompasses illicit financial flows, firearms trafficking, human trafficking, drug trade, and natural resource exploitation. He noted that despite its many forms, the outcome is always the same: weakened governance, corruption, lawlessness, violence, death, and destruction.
Examples of Transnational Organized Crime Around the World
The UN chief pointed to several examples around the world where transnational organized crime has fueled chaos and conflict, including:
- Afghanistan
- Colombia
- Haiti
- Myanmar
He also warned of the links between organized crime and terrorism, citing the Sahel region in Africa as an example.
Strengthening Cooperation to Combat Transnational Organized Crime
Guterres urged countries to strengthen cooperation, implement the UN Convention against Transnational Organized Crime, and work together on investigations and prosecutions. He also called for consensus on a new treaty on cybercrime and greater data sharing.
The Importance of Promoting the Rule of Law
The Secretary-General emphasized the importance of promoting the rule of law, which is “foundational” to finding peaceful solutions to conflicts and tackling organized crime. However, he warned that many countries are at risk of “Rule of Lawlessness,” with governments contributing to disorder and lack of accountability.
A Global Threat Requiring Collective Action
Ghada Waly, Executive Director of the UN Office on Drugs and Crime (UNODC), echoed Guterres’ call for collective global action. She previewed a report revealing that organized criminal groups or gangs are responsible for almost a quarter of all homicides worldwide and warned of the alarming new ways in which organized crime is manifesting itself.
Combating Financial Crime in Chile
In Chile, authorities have been working to combat financial crime, including money laundering and terrorist financing. The country has implemented various measures, such as:
- Strengthening anti-money laundering laws
- Increasing cooperation with international partners
However, more needs to be done to address the growing threat of transnational organized crime in Chile and globally.
Conclusion
As Guterres warned, “we must do more to strengthen our defences” against this “vicious threat.” The importance of promoting global cooperation and implementing effective measures to combat financial crime cannot be overstated. It is essential that countries work together to address the devastating consequences of transnational organized crime and ensure a safer and more secure world for all.