This week, at the 30th Annual Conference and General Meeting of the IAP, Jerome Beaumont, Executive Secretary of the Egmont Group, spoke at the session “International Cooperation to Tackle Cyber Offences – Practical Examples.”
He highlighted how financial intelligence units (FIUs), law enforcement, and prosecutors can collaborate more effectively to combat cybercrime—emphasizing the importance of early intelligence sharing, secure cooperation channels, and joint investigations across borders.
Key Messages:
- Cybercrime is borderless—our response must be too.
- FIUs play a vital role in tracing illicit flows and supporting prosecutions.
- Egmont’s Cyber-enabled Fraud Rapid Response Program enables swift asset recovery—70% success when action is taken within 24 hours.
- A new handbook (Egmont, FATF, INTERPOL, UNODC) offers practical guidance for informal and formal international cooperation.
- Case studies from FIU Philippines and FIU India show how joint action leads to real-world impact.
Why It Matters: Early intelligence sharing, public-private partnerships, and coordinated cross-border efforts are essential to bring cybercriminals to justice.
During the event, Mr. Beaumont also has the opportunity to connect with Lucien Wong, Attorney General of Singapore as well as with Raja Kumar, former FATF President and Singaporian high official.
