By Stephen O’Reilly
FINANCIAL intelligence units (FIUs) need to move beyond “purely bilateral” cooperation to keep pace with “increasingly organised” criminals, according to Paul Ketter, deputy director of the Luxembourg FIU.
Speaking during the launch of the Financial Action Task Force (FATF)’s 26-28 roadmap on combatting fraud, Ketter said that “enhanced multilateral information sharing” between authorities was “clearly the way forward.”
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