The French and Israeli financial intelligence services signed a cooperation agreement (Memorandum of Understanding - MoU) on 20 October last year. The partnership was formalized between the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA) and the Intelligence Processing and Action Against Clandestine Financial Circuits (TRACFIN).

The signing of an agreement provides the basis for strengthened bilateral cooperation to combat money laundering, terrorist financing (BC-FT) and activities criminals. Gabriel Attal, Minister attached to the Minister of Economy, Finance and Industrial and Digital Sovereignty, in charge of Public Accounts, stressed that this MoU is an additional step in strengthening bilateral cooperation between our two countries. “The fight against financial crime is a priority for the French Government and this agreement will strengthen the capacities of the two financial intelligence units - but also for their national partners - to hinder money laundering and terrorism,” he added& acute;. Tracfin and IMPA will meet regularly to discuss the evolution of BC-FT threats, analyze the techniques used by criminals and to advance investigations...