Regional Conference
“New Trends and Techniques of
Money Laundering and Terrorism Financing”
22-23 November 2010 Bucharest, Romania
FIU.NET More ambition! More use!
‘FIU.NET, More Ambition, More Use’
Jules ANTHONIA
Training coordinator
FIU.NET
jules.anthonia@fiu.net
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Question:
How can FIU.NET contribute in
meeting the challenges in combating
money laundering and terrorism
financing?
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Outline of Presentation:
• Early Ambition & Challenge
• How FIU.NET can contribute…
• Advantages of more sophistication
• Questions
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Brussels, 16.4.2004; COM(2004) 262 final COMMUNICATION
FROM THE COMMISSION TO THE COUNCIL AND THE
EUROPEAN PARLIAMENT ON THE PREVENTION OF AND
FIGHT AGAINST ORGANISED CRIME IN THE FINANCIAL
SECTOR:
• … At present, co-operation and exchange of information between Member
State FIUs is often slow and limited, and is generally not computerised.
• … Given the frequently international nature of money laundering, efforts to
combat this phenomenon could be greatly enhanced and improved results
obtained, if available financial intelligence were to be exploited to the
maximum.
• … The first results of this project, called FIU.NET, though modest, are
encouraging.
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Challenge!
Requirements
• Decentralised
• Structured information
• Complete autonomy of FIU
Principles
• Secure
• Speed
• Simple
• Flexible
“Imagination is more important than knowledge.
For while knowledge defines all we currently know and
understand, imagination points to all we might yet discover
and create.”
Albert Einstein
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Project 2007-2009:
Towards Improved Ways Of Exchanging Information
–
–
–
Connect all 27 Member State FIUs (willing and able)
Make the current version as user-friendly as possible
Prepare the grounds for a future FIU.NET with an higher ambitious
level, to be realised in the future
Project 2009-2011:
More Ambition! More Use!
–
–
–
–
Agreement on future direction of FIU.NET
Intensify cooperation via FIU.NET
Extend FIU.NET
Further professionalise FIU.NET IT environment
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
What is the GOAL of FIU.NET???
A sophisticated and speedy
information exchange system, easy to
operate with the possibilities to share
high volume of information, to match,
to communicate, to jointly investigate
and more...
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
What is the MISSION of FIU.NET???
FIUs cooperate and work together as one, with FIU.NET as a
fast, reliable, secure and standardised information & knowledge
gateway between FIUs.
FIU.NET provides secure access to other relevant (external)
information sources necessary for analysis and law enforcement,
and is the platform for international analysis.
FIU.NET functions as a (virtual) European FIU, breaking down
information barriers without breaking (national & international)
data protection rules and regulations.
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Question Remains:
How can FIU.NET contribute in
meeting the challenges in combating
money laundering and terrorism
financing?
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
The metaphor of the puzzling puzzle
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
You know that all the pieces of the puzzle are
present (there are no missing pieces)
You know that all the pieces belong to the puzzle
that has to be put together (there are no extra
pieces that belong to another puzzle)
You already know what picture must be recreated
when putting the pieces together
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
FIU information:
It is not clear if received information belongs to a
puzzle
Only some pieces of the puzzle are known
The picture that has to be recreated is unknown
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Money laundering is all about HIDING the
proceeds of crime.
It is the identification of THAT hidden information
which is essential and currently unknown
How to bring all the (privacy sensitive) pieces
together to find the unknown?
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
FIU.NET
Privacy Sensitive Collaboration
3
ma tch
Autonomous Anonymous Analysis
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
FIU.NET
ma3tch principle: decentralised standardised information processing
FIU
data (custom)
resource
(business rules)
Resources
Category
Name
Description
Response
Time
Effort
Reason
Content
Limits
Access
Control
Data
Retention
Prior Consent
Etc.
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
FIU.NET
ma3tch principle: decentralised standardised information processing
FIU
resource
(business rules)
import
export
data (custom)
index (standardised)
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
FIU.NET
ma3tch principle: decentralised standardised information processing
FIU
shared
resource
(business rules)
import
export
ma3tch
filters
statistics
keys
profiles
data (custom)
index (standardised)
anonymous
autonomy: the information owner (FIU) has control at all levels
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
FIU.NET
ma3tch = information
statistics
keys
profiles
minimal effort
maximal effect
one for all, all for one
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
FIU.NET
ma3tch = information
statistics
statistics
statistics
statistics
keys
keys
keys
keys
profiles
profiles
minimal effort
maximal effect
one for all, all for one
profiles
profiles
Les ‘unknown’
requests, improve
timeliness,
enhance privacy.
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
FIU.NET
ma3tch = knowledge
statistics
EU or national money flows
Theme based statistics (i.e. CBT)
Trends (i.e. financial products)
keys
profiles
Other FIUs (i.e. financial, police)
Shared sources (i.e. Worldcheck, events, etc)
Relations (i.e. financial, social, etc)
Prediction (i.e. suspicion, crime)
Associations (i.e. name nationality)
Description (i.e. MT & >€2000 & <40km)
‘effectiveness = right information, right receiver, right format, right time’
(Egmont group goal)
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Money laundering is all about HIDING the proceeds
of crime, it is the identification of THAT hidden
information which is essential and currently unknown
How to bring all the (privacy sensitive) pieces
together?
In practice…
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
Effective, Speed, Timeliness, Proactive (suspicious only)
Flexible: Global EU Overview, Internal vs External, Increases, Shifts, Trends, Threats*
Flexible: Global EU Overview, Internal vs External, Increases, Shifts, Trends, Threats*
Flexible: Global EU Overview, Internal vs External, Increases, Shifts, Trends, Threats*
FIU.NET More ambition! More use!
Answer to Question: How can FIU.NET contribute in
meeting the challenges in combating money laundering and
terrorism financing?
With the introduction of the Ma3tch feature it will become
possible to:
•
•
•
•
•
•
•
•
•
•
•
Automatically detect duplicate subjects in other EU countries
Automatically detect cash couriers disclosed to EU FIUs
EU or national money flows
Theme based statistics (i.e. CBT)
Trends (i.e. financial products)
Other FIUs (i.e. financial, police)
Shared sources (i.e. Worldcheck, events, etc.)
Relations (i.e. financial, social, etc.)
Prediction (i.e. suspicion, crime)
Associations (i.e. name nationality)
Description (i.e. MT & >€2000 & <40km)
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Advantages for FIUs:
With the advanced features of FIU.NET (i.e. Ma3tch feature)
• More efficiency in exchanging information
• automated detection of common subjects, no unnecessary requests
• automated statistics and management information
• Cost efficiency
• les manual work, more time for other work
• access to central databases for much less costs
• Maintaining principles: secure, speed, simple & flexible
• Nothing is mandatory! Each FIU decides for it self which functionalities of
FIU.NET it wants to use.
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
“The whole is more than the sum of its parts.”
Aristotle (ancient Greek Philosopher)
Jules ANTHONIA
Trainer Coordinator FIU.NET
Ministry of Security & Justice
Lange Houtstraat 5
PO BOX 20301, 2500 EH The Hague,
The Netherlands
+31 70 3703006
+31 6 48100201
jules.anthonia@fiu.net
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania
FIU.NET More ambition! More use!
Thank you for
your attention!
Questions?
FIU.NET – Regional Conference “New Trends and Techniques of Money Laundering and Terrorism Financing” 22/23-11-2010 Bucharest, Romania