THE European Public Prosecutor’s Office (EPPO) and Tracfin, France’s financial intelligence unit (FIU) have signed a Working Arrangement, establishing a structured framework for their cooperation.
31 October 2023 | By Staff Repoter
The arrangement aims to facilitate and foster the exchange of information on
suspicious financial transactions relating to facts and offences falling within the remit of the EPPO.
“It also underlines the efforts of both parties to make the fight against
money laundering, and the underlying offences that damage the financial interests of the European Union, as effective as possible,” Tracfin said in a statement.
The Working Arrangement was signed on 26 October in Luxembourg by Laura Codruța Kövesi, European Chief Prosecutor, and Guillaume Valette-Valla, Director of Tracfin.
Laura Codruța Kövesi, European Chief Prosecutor: “The EPPO needs information from financial intelligence units in order to combat fraud against the financial interests of the EU efficiently. Tracfin is a very important partner for the EPPO in this respect. This working arrangement opens the way for deepening our cooperation, and will facilitate the transmission of crime reports as well as the exchange of criminal analysis.”
Guillaume Valette-Valla, Director of Tracfin: “Tracfin’s first operational exchanges with the European Public Prosecutor’s Office began during 2022. This Working Arrangement will allow us to amplify them, in order to more effectively fight against the fraudsters and criminal networks that are undermining the foundations of the European project.”
Source: https://www.amlintelligence.com/2023/10/news-eppo-and-frances-fiu-sign-agreement-to-share-information-to-fight-money-laundering/