Arrangement establishes framework for close collaboration on shared priorities within international organised crime
European Investment Bank announced collaboration with Europol. Source: europol.europa.eu
Europol and the European Investment Bank have entered into a working arrangement. The arrangement will ease the expertise and sharing of information against corruption and fraud in Europe.
Kris Peeters, the Vice-President of the European Investment bank was hosted by Europol for the signing of the joint working plans. Kris was joined by Catherine De Bolle, Europol’s Executive Director at Europol’s headquarters in The Hague.
The arrangement between the two organizations provides a legal framework that will facilitate the sharing of serious crime expertise and information. The arrangement aims at preventing organized crime in areas such as terrorism, financial crime and cybercrime.
Terrorist groups, money laundering, and other major crimes are a major security threat to the EU and its financial infrastructure. The collaboration between the two groups and other European institutions will see a collaboration that prevents crime and protects the people’s rights.
We’ve reported that Europol arrested gang for engaging in major VAT fraud scheme.
SEE ALSO:
Pay Space
Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.
