{"id":4565,"date":"2024-02-12T16:05:33","date_gmt":"2024-02-12T12:05:33","guid":{"rendered":"https:\/\/www.fiumauritius.org\/fiu\/?p=4565"},"modified":"2024-02-12T16:15:23","modified_gmt":"2024-02-12T12:15:23","slug":"public-summary-abuse-of-virtual-assets-for-terrorist-financing-purposes","status":"publish","type":"post","link":"https:\/\/www.fiumauritius.org\/fiu\/?p=4565","title":{"rendered":"Public Summary \u2013 Abuse of Virtual Assets for Terrorist Financing Purposes"},"content":{"rendered":"\n<p>The Egmont Group released its Public Summary report on the \u201cAbuse of Virtual Assets for Terrorist Financing Purposes\u2019\u2019. Virtual Assets abused in terrorism financing is a current focal point of discussions. As per the Egmont group, understanding trends in emerging technologies will enable the identification of potential vulnerabilities associated with new technologies, particularly virtual assets.<\/p>\n\n\n\n<p>This IEWG report provides a guide in understanding the new trends and the sharing of best practices in emerging technologies to prevent the abuse of virtual assets for terrorist financing purposes. <\/p>\n\n\n\n<p><p class=\"MsoNormal\" style=\"margin-top:0cm;margin-right:0cm;margin-bottom:0cm;\nmargin-left:45.8pt;margin-bottom:.0001pt;text-align:justify;text-indent:36.0pt;\nbackground:white\"><span lang=\"en-MU\" style=\"font-size:12.0pt;font-family:&quot;Arial Narrow&quot;,sans-serif;\nmso-bidi-font-family:Arial;color:black;letter-spacing:0pt;mso-ansi-language:\n#0C00;mso-fareast-language:#0C00\"><\/span><\/p><\/p>\n\n\n\n<p>The project\u2019s key objectives explored the abuse of VAs for TF by:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Understanding the regulation of VAs in different countries;<\/li>\n\n\n\n<li>Identifying how VAs are defined in different countries;<\/li>\n\n\n\n<li>Determining VA usage and detection;<\/li>\n\n\n\n<li>Developing a framework, standard or best practices document for the use by FIUs; and<\/li>\n\n\n\n<li>Sharing of case studies.<\/li>\n<\/ul>\n\n\n\n<p>The document can be accessed\u00a0<a href=\"https:\/\/egmontgroup.org\/wp-content\/uploads\/2023\/12\/2023-July-HoFIU-06-IEWG-Project-Abuse-of-VA-for-TF-Summary-1.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">here. <\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egmont Group released its Public Summary report on the \u201cAbuse of Virtual Assets for Terrorist Financing Purposes\u2019\u2019. Virtual Assets abused in terrorism financing is a current focal point of discussions. As per the Egmont group, understanding trends in emerging technologies will enable the identification of potential vulnerabilities associated with new technologies, particularly virtual assets.<\/p>\n","protected":false},"author":12,"featured_media":4574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/posts\/4565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4565"}],"version-history":[{"count":4,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/posts\/4565\/revisions"}],"predecessor-version":[{"id":4575,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/posts\/4565\/revisions\/4575"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=\/wp\/v2\/media\/4574"}],"wp:attachment":[{"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fiumauritius.org\/fiu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}