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FIUs Need Concrete Performance Goals, Metrics to Succeed, Says Anti-Terror Book’s Author
printThat there are now more than 120 recognized Financial Intelligence Units (FIUs) throughout the world reflects the fact that the FIU model has been instrumental in cracking a wide array of money laundering, terrorist finance and tax evasion cases, according to Jayesh D'Souza, author of "Terrorist Financing, Money Laundering and Tax Evasion: Examining the Performance of Financial Intelligence Units." But FIUs sometimes fail to set out concrete goals and metrics to measure performance, including tracking the number of money launderers convicted, terrorist attacks thwarted and amount of assets seized, D'Souza said. D'Souza, a native of Ontario, Canada holds a Ph.D...
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