meta_id 3306372

On July 8, 2026, the Financial Action Task Force (FATF) released a report examining how public-private partnerships (PPPs) and information-sharing mechanisms can help jurisdictions and the private sector detect, analyse and disrupt financial crime activity. The report, titled "Information Sharing to Combat Illicit Finance: Global Overview of Public and Private Sector Partnerships and Data Protection Arrangements," addresses the urgent need for authorities and the private sector to work together to combat money laundering, terrorist financing and proliferation financing (ML/TF/PF) in an era of increased digitalisation and complex cross-border transactions. The FATF identified at least 84 public-private partnerships globally, with 52 surveyed jurisdictions reporting at least one domestic PPP and 18 reporting more than one. The report finds that PPPs function as permanent, effective instruments for combatting ML/TF/PF when supported by a robust legal basis, clear governance, and technological innovation. More than 75 percent of reporting jurisdictions use PPPs to share strategic information such as typologies, red flags and risk trends, while 55 to 66 percent of jurisdictions have PPPs for operational information sharing including case intelligence, suspicious transaction report indicators and Know Your Customer data. The report highlights key innovations strengthening information sharing, including encrypted platforms, secure exchanges and involvement of broader stakeholders such as telecom operators and digital platforms. Case studies demonstrate significant operational outcomes, including Singapore's Project FRONTIER+ transnational anti-scam alliance involving 13 jurisdictions, which led to more than 2,100 arrests, the freezing of over 36,000 bank accounts, and the seizure of approximately S$28.2 million. The FATF identifies tools and technologies enabling jurisdictions to balance operational efficiency with compliance with data protection, privacy and human rights obligations, emphasising the need for common objectives and clear legal and regulatory expectations between anti-money laundering and counter-terrorism financing and data protection authorities. The report encourages governments worldwide to adopt PPP models and draw on good practices outlined in the guidance to counter increasingly sophisticated criminal methods and the growing threat from fraud.