Synergies and constraints - the stop-start progress of information sharing

Collective effort almost invariably yields better results and efficiency gains but tension with data privacy in the financial crime space is ever-present; it stretched past breaking in the European Union. Advances in anonymising techniques and testing of legal protocols elsewhere, though, should mean that data sharing will only expand. Sarah Gibbons, Paul Cochrane, Sara Lewis and Keith Nuthall review the setbacks, successes and prospects for a step-change in combating illicit finance.

Collective effort almost invariably yields better results and efficiency gains but tension with data privacy in the financial crime space is ever-present; it stretched past breaking in the European Union. Advances in anonymising techniques and testing of legal protocols elsewhere, though, should mean that data sharing will only expand. Sarah Gibbons, Paul Cochrane, Sara Lewis and Keith Nuthall review the setbacks, successes and prospects for a step-change in combating illicit finance.