The Asia/Pacific Group on Money Laundering participated in Cambodia’s International Conference on Combating Online Scams and welcomed the adoption of the Phnom Penh Declaration. The declaration calls for coordinated international action to disrupt online scam networks, trace and recover criminal proceeds, strengthen public-private cooperation and protect victims. Acting Executive Secretary Suzie White said the APG’s focus has shifted from understanding cyber scam hubs to promoting domestic, regional and global responses. She highlighted the group’s recent typologies report, which identified anti-money laundering measures, rapid interagency coordination, international information sharing, enhanced due diligence and stronger public-private partnerships as key tools for combating cyber scam hubs, associated money laundering and human trafficking.

Original source