Navigating Transparency and Financial Crime

This chapter explores transparency challenges in ownership structures and labor sectors, as well as the importance of customer behavior in detecting suspicious activities. It addresses the role of the Egmont Group in facilitating cooperation among Financial Intelligence Units (FIUs) amid complex geopolitical issues, especially in the context of recent sanctions evasion linked to Russia. The discussion highlights the dynamics of public-private partnerships in combatting financial crimes and the need for improved collaboration and privacy-enhancing techniques to enhance information sharing.