THE UK JOINT MONEY LAUNDERING INTELLIGENCE TASKFORCE (JMLIT)

NCA provides on its website information about JMLIT, which has been set-up in partnership with the financial sector to combat high-end money laundering.  Established as a “business as usual” function in May 2016, JMLIT has been developed with partners in government, the British Bankers Association, law enforcement and more than 40 major UK and international banks under the leadership of the Financial Sector Forum.  The taskforce has analysed information and expertise in the public and private sectors to better understand the true scale of money laundering and the methods used by criminals to exploit the UK’s financial system and terrorists using the financial systems to finance attacks.  It says that NCA is working with colleagues from overseas law enforcement agencies to help inform the development of similar partnerships in a number of countries around the world including in Australia, Hong Kong, Singapore and the USA.

jmlit

http://www.nationalcrimeagency.gov.uk/about-us/what-we-do/economic-crime/joint-money-laundering-intelligence-taskforce-jmlit

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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