A high-level summary of the FFIS 2019 Conference of Partnerships
"Collectively, we are losing the fight against financial and economic crime on our current path. Improving the regime for public–private and private–private information sharing is essential to address that failure." - an introductory remark to the 2019 Conference of Partnerships
The RUSI Future of Financial Intelligence Sharing (#FFIS) research programme leads independent, international and comparative research into the role of public–private and private–private financial information-sharing to detect, prevent and disrupt crime.
The FFIS 2019 Conference of Partnerships brought together both public and private leaders involved in financial information-sharing partnerships from over 20 jurisdictions.
Across a series of interactive sessions, the Conference aimed to:
• Provide a forum to share experiences and lessons in partnership development;
• Support dialogue around the case for greater alignment between supervisory, financial intelligence and partnership priorities;
• Highlight developments in technology that have potential to support financial information-sharing and privacy preserving analytics; and
• Facilitate dialogue about the potential to enhance the effectiveness of relevant cross-border information-sharing, in balance with privacy rights.
Over 14 information-sharing partnerships were represented at the conference, including:
1. The UK Joint Money Laundering Intelligence Taskforce (JMLIT)
2. The Australian Fintel Alliance
3. The Singapore Anti-Money Laundering and Countering the Financing of Terrorism Industry Partnership (ACIP)
4. Hong Kong Fraud and Money Laundering Intelligence Taskforce (FMLIT)