Criminal use of crypto is becoming increasingly professionalised, but so too is the global response. Participants at the 9th Global Conference on Criminal Finances and Cryptoassets emphasised three priorities: developing common standards, deepening cooperation and investing in capacity.
These are essential if authorities and industry are to keep pace with evolving threats and recover illicit cryptoassets at scale.
The Basel Institute on Governance offers a four-day training course covering the fundamentals of crypto, financial crime and anti-money laundering (AML) compliance.
Delivered virtually over four interactive three-hour sessions, the course equips practitioners from law enforcement, financial and business sectors to prevent, detect and investigate the use of crypto for illicit activities.
The Basel Institute on Governance offers a four-day training course covering the fundamentals of crypto, financial crime and anti-money laundering (AML) compliance.
Delivered virtually over four interactive three-hour sessions, the course equips practitioners from law enforcement, financial and business sectors to prevent, detect and investigate the use of crypto for illicit activities.
The 14th edition of the Basel AML Index Public Edition – set to be released on 8 December 2025 – will categorise jurisdictions’ financial crime risks using a more nuanced risk-level system.
The Financial Action Task Force (FATF) is removing Mozambique from its “grey” list of jurisdictions under increased monitoring, following more than two years of intensive reform and implementation efforts.
Mozambique was placed on the FATF grey list in October 2022. It has since made significant progress in addressing strategic deficiencies in its anti-money laundering and counter-terrorist financing (AML/CFT) framework.
Criminals exploit legal loopholes, borders and other avenues to conceal the proceeds of their illegal activities and evade prosecution. Meanwhile, they use their illicit proceeds to buy luxury villas or increase their power and influence. Victims of crime – including communities affected by corruption – suffer the losses.
Only a handful of states have been actively pursuing the enforcement of foreign bribery. Switzerland is one of them and its efforts to crack down on this offence is commendable.
Between 2011 and 2024, Switzerland issued 14 final judicial orders at a federal level against Swiss-linked companies that engaged in foreign bribery. In these proceedings, the companies were ordered to hand over approximately CHF 730 million (combined) in illicit profits that they had obtained through their foreign bribery schemes, and an additional CHF 30 million in fines.
Only a handful of states have been actively pursuing the enforcement of foreign bribery. Switzerland is one of them and its efforts to crack down on this offence is commendable.
Between 2011 and 2024, Switzerland issued 14 final judicial orders at a federal level against Swiss-linked companies that engaged in foreign bribery. In these proceedings, the companies were ordered to hand over approximately CHF 730 million (combined) in illicit profits that they had obtained through their foreign bribery schemes, and an additional CHF 30 million in fines.
Warm congratulations to our partners at the Drug Enforcement Commission and National Prosecution Authority of Zambia for a successful outcome in a high-profile corruption case involving Zambia’s former Minister for Foreign Affairs.