Interpol's New Tool: The Silver Notice
Interpol has introduced the Silver Notice to locate assets being laundered across borders. This is a part of a pilot project with 52 participating countries, including India. The Silver Notice aims to trace assets tied to criminal activities such as fraud and corruption, enhancing the fight against transnational organized crime.
- Country:
- India
Interpol has launched its newest initiative, the Silver Notice, as an innovative tool to trace cross-border asset transfers linked to criminal activities. The global police cooperation body announced this during a press briefing, highlighting India's participation in the project.
The Silver Notice, requested initially by Italy, will aid in tracking assets owned by a senior mafia member. Currently, 52 countries are involved in this pilot project, which marks a significant advancement in combating illicit financial flows internationally.
Interpol's Secretary General Valdecy Urquiza emphasized the significance of this initiative, noting that stripping criminals of illegal gains is crucial in weakening organized crime's financial foundations. This measure is anticipated to bolster international efforts in recovering assets and diminishing the impact of crime on communities worldwide.
(With inputs from agencies.)
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