In late 2017, the FFIS programme published the first international comparative study of public-private financial information-sharing partnerships and their impact in tackling economic crime, drawing insights from the early experiences of such partnerships in the UK, the U.S., Australia, Hong Kong, Singapore and Canada.
The 2019 FFIS study, titled, “Expanding the Capability of Financial Information Sharing Partnerships,” identifies development challenges and opportunities which stem primarily from 22 FFIS research events, held across 13 jurisdictions between October 2017 and October 2018, during which public and private leaders involved in “partnerships” shared their insights and perspectives. According to the report, whilst these partnerships work and are beneficial their impact is so far limited, largely due to the operational bandwidth available to scale these partnerships, also being limited.
The 2019 Report includes a detailed examination of current or early partnership characteristics, and development opportunities or themes for considerations by partnership decision-makers, highlighting both challenges and opportunities to expand their capability and impact of partnership. The FFIS programme is a research partnership between the RUSI Centre for Financial Crime and Security Studies and NJM Advisory and has been supported by HSBC, Refinitiv, EY and Western Union.