Dominica’s Financial Intelligence Units Join Global Fight Against Money Laundering and Terrorist Financing
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Dominica has officially joined the prestigious Egmont Group, a global organization that promotes international cooperation and information sharing amongst financial intelligence units (FIUs) to combat money laundering and terrorist financing.
A New Member in the Fight Against Illicit Financial Activities
The Egmont Group’s membership offers Dominica’s FIU access to a secure platform for exchanging expertise and financial intelligence with other member FIUs from around the world. This collaboration is crucial in combating money laundering, terrorist financing, and associated predicate offenses that threaten global economic stability and national security.
The Importance of Collaboration
The Egmont Group’s mission is to facilitate and prompt the exchange of information, knowledge, and cooperation amongst its member FIUs. By sharing intelligence and best practices, these units can more effectively identify and disrupt illicit financial activities, ultimately protecting the global financial system.
- Sharing intelligence and expertise with other member FIUs
- Identifying and disrupting illicit financial activities
- Protecting the global financial system
A Network of Over [Insert Number] FIUs Stronger Together
Dominica’s FIU joins a network of over [insert number] other FIUs from around the world that are working together to achieve this common goal. With this membership, Dominica is further solidifying its commitment to transparency and accountability in the financial sector.
A Global Effort Against Money Laundering and Terrorist Financing
The Egmont Group’s members work together to:
- Combat money laundering and terrorist financing
- Share intelligence and best practices
- Protect the global financial system
For more information on Egmont Group member FIUs or to view an interactive map of all members, visit their website at [website URL].