Solomon Islands Steps Up Efforts to Combat Money Laundering

Protecting the Financial System from Illicit Activities

In an effort to safeguard its financial system and economy, Solomon Islands Financial Intelligence has launched a new initiative to combat money laundering and terrorism financing. The organization’s mission is clear: to formulate and implement effective strategies to prevent these serious crimes, ensuring the integrity of Solomon Islands’ financial system.

Key Objectives

• To provide timely and quality information and advice to stakeholders
• To develop and utilize skilled staff to stay ahead of criminals
• To detect, investigate, and prosecute money laundering and terrorist financing offenses

Global Standards and Best Practices

Solomon Islands Financial Intelligence is committed to adhering to global standards on anti-money laundering (AML) and combating the financing of terrorism (CFT). The organization recognizes the importance of international cooperation in the fight against these serious crimes.

Staying Ahead of Criminals

To achieve its objectives, Solomon Islands Financial Intelligence will focus on:

• Developing sophisticated detection methods
• Conducting thorough investigations
• Collaborating with international partners to share intelligence and best practices

By taking a proactive approach to combating money laundering and terrorism financing, Solomon Islands can protect its financial system and economy from illicit activities, ensuring a safer and more stable future for its citizens.