In 1995, recognizing the importance of international cooperation in the fight against money laundering and financing of terrorism, a group of Financial Intelligence Units (FIUs) met at the Egmont Arenburg Palace in Brussels, Belgium, and decided to establish an informal network to promote cooperation and the exchange of information among FIUs.
The goal of the Egmont Group is to provide a forum for FIUs around the world to improve cooperation to combat money laundering and terrorist financing, and to foster the implementation of domestic programs in this field. The Egmont Group of provides support to member FIUs by:
- Expanding and systemizing international cooperation in the reciprocal exchange of information
- Increasing the effectiveness of FIUs by offering training and promoting personnel exchanges to improve the expertise and capabilities of personnel employed by FIUs
- Fostering better and secure communication among FIYs through the application of technology, such as the Egmont Secure Web (ESW)
- Fostering increase coordination and support among the operational divisions of member FIUs
- Promoting the operational autonomy of FIUs
- Promoting the establishment of FIUs in conjunction with jurisdictions with and AML/CFT program in place, or in areas with a program in the early stages of development
QFIU became a member of the Egmont Group in 2005.
For more information, please visit the Egmont Group website: https://egmontgroup.org/