CASE STUDIES AND INDICATORS

The Financial Intelligence Centre (FIC) has just released a valuable resource that sheds light on the evolving landscape of money laundering techniques within the financial system. These #case studies are organized by crime type, offering insights into financial crimes discovered between 2017 and 2022.

The main purpose of this collection is to assist government agencies, relevant business sectors, and other stakeholders in understanding and identifying the risks associated with money laundering.

By studying these real-life scenarios, we can develop effective strategies to address these evolving threats. Professionals and organizations are encouraged to utilize these case studies and indicators as valuable resources. By increasing risk awareness, we can enhance our collective ability to combat money laundering and illicit activities.

It is important for businesses to adopt a risk-based approach and actively report suspicious and unusual transactions, as well as other regulatory concerns, to the FIC.

Collaboration is essential in our efforts to combat financial crimes. Let us join forces as a community to strengthen our defenses, safeguard our financial systems, and create a secure environment for all.