GLOBAL CONFERENCE ON CRIMINAL FINANCE

Subject: International events

Context: Over 2,000 representatives from 132 countries attended the virtual 4th Global Conference on Criminal Finances and Cryptocurrencies organised by the Interpol, Europol and the Basel Institute on Governance.

Concept:

• The conference is an initiative of the Working Group on Cryptocurrencies and Money Laundering established in 2016 by the three organisations.
• It is launched with an objective of strengthening knowledge, expertise and best practices for investigations into financial crimes and intelligence on virtual assets and cryptocurrencies.
• The conference underlined the need to expand capabilities on ways to probe virtual assets and regulate virtual asset service providers to prevent money laundering.
• The conference’s agenda included trends and investigations on cryptocurrency related offences, exploring criminal flows and operations in the dark markets, ransomware and sextortion case studies, money laundering involving virtual assets, and the transfer of drug proceeds using cryptocurrencies.