The Financial Action Task Force (FATF) published a joint call with INTERPOL and the UN Office on Drugs and Crime (UNODC) urging governments to step up efforts to disrupt illicit profits linked to organised crime and terrorism, with a focus on asset recovery and more targeted, effective international financial investigations. The joint message highlights that FATF has tightened its standards for asset recovery in response to finance ministers’ calls to cut off criminal and terrorist profits, while FATF Global Network assessments indicate almost 80% of countries are at a low or moderate level of effectiveness on asset recovery. INTERPOL also pointed to operational measures, including its recently launched Silver Notice aimed at accelerating international cooperation on criminal assets, with 51 pilot countries indicating they will use it to request information on assets worldwide. Later in 2025, FATF, INTERPOL and UNODC, together with the Egmont Group of Financial Intelligence Units, plan to publish practical guidance for practitioners on key avenues of international collaboration, ahead of the 15th UN Crime Congress in Abu Dhabi on 25–30 April 2026.
Financial Action Task Force 2025-05-19
Financial Action Task Force joins INTERPOL and UN Office on Drugs and Crime in call for stronger asset recovery and cross-border cooperation
The Financial Action Task Force, INTERPOL, and the UN Office on Drugs and Crime called for enhanced efforts to disrupt illicit profits from organized crime and terrorism, emphasizing asset recovery and international financial investigations. FATF tightened asset recovery standards, noting nearly 80% of countries show low to moderate effectiveness. INTERPOL's Silver Notice aims to boost international cooperation on criminal assets, with 51 pilot countries participating.