International cooperation delivers appropriate information, financial intelligence, evidence and facilitates action against criminals and their assets.

Characteristics of an effective system:

The country provides constructive and timely information or assistance when requested by other countries. Competent authorities assist with requests to:

• Locate and extradite criminals; and
• Identify, freeze, seize, confiscate and share assets and provide information (including evidence, financial intelligence, supervisory and beneficial ownership information) related to money laundering, terrorist financing or associated predicate offences.

Competent authorities also seek international cooperation to pursue criminals and their assets. Over time, this makes the country an unattractive location for criminals (including terrorists) to operate in, maintain their illegal proceeds in, or use as a safe haven.