Sepblac promotes a public-private partnership against money laundering and fraud

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In recent years, there has been an increase in the types and, in parallel, in the number of fraudulent operations, especially those of small amounts, together with the proliferation of the use of so-called “mule accounts” to launder the proceeds of these operations or of other more serious criminal activities (especially drug and human beings trafficking).

Sepblac has been working on different actions with the obliged subjects as well as with the main authorities. However, aware of this growing problem and the need to promote a global line of action in order to reduce and prevent this situation, launches a public-private partnership (PPP) against money laundering and fraud, where the main actors, both public and private, involved in the prevention and investigation of money laundering and this type of fraud will participate.

This new global PPP will cover various actions, targeting to the improvement of the information available and its analytical exploitation; the promotion of various lines of collaboration with the public and private sector for knowledge, detection and prevention of this operation, developed through conferences, guides, etc.; and the promotion of prevention through financial education.