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Money laundering

INTERPOL's definition of money laundering is: "any act or attempted act to conceal or disguise the identity of illegally obtained proceeds so that they appear to have originated from legitimate sources".

Illegally obtained funds are laundered and moved around the globe using and abusing shell companies, intermediaries and money transmitters. In this way, the illegal funds remain hidden and are integrated into legal business and into the legal economy.

At INTERPOL, we work to combat money laundering through the global exchange of data, supporting operations in the field, and bringing together experts from the variety of sectors concerned. We work closely with other international organizations to foster international awareness of the importance of using financial investigative techniques against organized criminal activities and to avoid duplication of effort.

Sharing information

The INTERPOL General Assembly has passed a number of resolutions calling on member countries to concentrate their investigative resources in identifying, tracing and seizing the assets of criminal enterprises.

These resolutions have called on member countries to increase the exchange of information in this field and encourage governments to adopt laws and regulations that would allow access, by police, to the financial records of criminal organizations and confiscation of proceeds gained by criminal activity.

Resolutions:

  • AG-2015-RES-01 - Pilot project concerning a new category of notice specifically devoted to the tracing and recovery of assets
  • AG-2015-RES-02 - Draft Cooperation Agreement between INTERPOL and the Basel Institute on Governance
  • AG-2013-RES-03 - Promoting international action in the identification, location and seizure of assets
  • AG-2012-RES-02 - Promoting international action targeting illicit proceeds
  • AGN/66/RES/18 (1997): Money laundering: Statistics
  • AGN/66/RES/17 (1997): Money laundering: Investigations and international police cooperation
  • AGN/66/RES/15 (1997): Money laundering: Legislation
  • AGN/60/RES/4 (1991): Measures to deal firmly and effectively with the System of illegal international financial transactions: underground and parallel banking.
  • AGN/56/RES/11 (1987): Cooperation between the banking and financial institutions and associations and law enforcement agencies
  • AGN/55/RES/18 (1986): Economic and financial crime; cooperation between the police and the banking and financial institutions and associations