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:
“... aside from the financial aspect, [there] is more: the life of my work. I feel that is all I came into the world for, and have failed dismally if it is not a success.”
—Mary E. Wilkins Freeman (1852–1930)
“I go by the great republican principle, that the people will have the virtue and intelligence to select men of virtue and wisdom [to the offices of government].”
—James Madison (1751–1836)