Last Updated on January 25, 2022 by Admin 3
What is the main role of the Egmont Group in combating money laundering and terrorist financing?
- To establish regulations that countries must use when establishing their own FIUs
- To find ways that FIUs can better cooperate amongst themselves and exchange information
- To require that all countries participate in a global repository for the sharing of information
- To create standards that countries can use when drafting laws to combat money laundering and terrorist financing
Explanation:
Reference: https://egmontgroup.org/en/content/about