Complex international financial structures are set up to conceal capital obtained from criminal activity. The FIU collaborates with various international partners in order to detect and trace these constructions. In many cases the exchange of financial intelligence, expertise and experience serves both national and international goals. FIU collaborates with the following international partners:
Financial Action Task Force
The Financial Action Task Force (FATF) is an inter-governmental organization founded by the G-7 in 1989. The FATF strives to protect the international financial system against money laundering and terrorist financing. The FATF has formulated 40 recommendations that prescribe which (preventive) measures countries must take, in order to prevent and combat money laundering and terrorist financing. The FATF supervises compliance with these recommendations by way of periodic evaluations. The recommendations are revised on a regular basis. The last revision took place in 2012. In addition, the FATF has carried out international research into new risks, trends, methods and technologies in the field of money laundering and terrorist financing.
Caribbean Financial Action Task Force
The Caribbean Financial Action Task Force (CFATF) is a regional sister organization of the FATF. Various countries from the Caribbean region are represented in the CFATF.
The Egmont Group (EG) is an international partnership founded in 1995 to promote the exchange of data among FIUs. In addition, the Egmont Group focuses on strengthening the Hotlines by distributing information and facilitating training programs on (data) security, (strategic) analyses, methods and technologies for money laundering and terrorist financing, and global developments in the field of AML/CFT legislation and regulations.
The FIU.NET is an advanced and decentralized computer network that supports the Hotlines within the Kingdom of the Netherlands with regard to exchanging information and performing analyses. FIU.NET does not use a central database in which information is stored. FIUs only exchange information internally. Data is sent in encrypted form and securely stored in the databases of the FIUs involved in the exchange. In addition to the secure exchange of information between FIUs, FIU.NET also facilitates the performance of shared analyses and the detection of concealed criminal assets. This is made possible by (anonymously) matching transaction and subject details.
Collaboration with foreign FIUs
The FIU collaborates intensively with a large number of foreign FIUs. The FIU consciously invests in the discovery of new collaboration options, in order to facilitate a joint effort in the fight against money laundering and terrorist financing. In addition, the goal is to strengthen and deepen existing partnerships with other FIUs.