Tag: Anti-Money Laundering

Regulatory Watch News

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  Europol and Eurojust launch Phase 3 of SIRIUS project

  Europol

  January 15, 2025

  Building on six years of successful support to national law enforcement agencies (LEAs) and judicial authorities (JAs) in the field of electronic evidence, Europol and Eurojust launched the third phase of the SIRIUS project in January 2025.

  Phase 3 of the SIRIUS project will continue to assist LEAs, JAs, and service providers in navigating the increasingly complex legal framework. The project will continue to foster close cooperation between the public and private sectors, ensuring that criminal investigations are more effective and efficient in the digital age. The adoption of new EU-wide legislation, alongside key international agreements such as the Second Additional Protocol to the Budapest Convention, and the agreed draft text for a UN Convention on Cybercrime, are reshaping the legal and operational landscape surrounding electronic evidence.  In this challenging environment, SIRIUS has established itself as a centre of excellence in the field of cross-border access to electronic evidence in the EU. It offers a variety of services, such as guidelines, trainings and tools, to help with accessing data held by service providers.

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  Italy: EPPO dismantles international cigarette smuggling network

  European Public Prosecutor's Office

  January 15, 2025

  (Luxembourg, 15 January 2025) – In an investigation led by the European Public Prosecutor’s Office (EPPO) in Palermo (Italy), the Italian Financial Police (Guardia di Finanza) carried out searches in the provinces of Palermo, Trapani, and Naples today. As part of the action, 14 suspects were arrested, two were placed under house arrest, and assets worth approximately €1 million were seized.

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  EFCC Trains Officers of Liberia Anti-Corruption Commission

  EFCC

  January 15, 2025

  The Economic and Financial Crimes Commission, EFCC, on Monday,  January 13, 2025 commenced a four-day training of officers of the Liberia Anti-Corruption Commission, LACC, at its Academy in Karu,  Abuja. The training, which focuses on Financial Crimes and Investigative Report Writing,  is designed to strengthen and deepen the capacities of officers of LACC for broad-based investigation and analysis of different types of financial crimes.