Financial Intelligence (FININT) is the gathering of information about the financial affairs of entities of interest, to understand their nature and capabilities, and predict their intentions. Generally the term applies in the context of law enforcement and related activities.
FININT does not necessarily involve money laundering, which refers to the practice of the undeclared and covert transfer of money or other negotiable item. However FININT is used to detect money laundering, which is often done as part of or as a consequence of some other criminal activity.
Read more about Financial Intelligence: Financial Intelligence Collection, Financial Intelligence Analysis, Financial Intelligence Organizations
Famous quotes containing the words financial and/or intelligence:
“Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.”
—Lyndon Baines Johnson (1908–1973)
“The methodological advice to interpret in a way that optimizes agreement should not be conceived as resting on a charitable assumption about human intelligence that might turn out to be false. If we cannot find a way to interpret the utterances and other behaviour of a creature as revealing a set of beliefs largely consistent and true by our standards, we have no reason to count that creature as rational, as having beliefs, or as saying anything.”
—Donald Davidson (b. 1917)