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News: The International Criminal Police Organisation (INTERPOL) has introduced its first Silver Notice.
About Silver Notice
- The notice is designed to help countries track and retrieve criminally acquired assets, like properties, vehicles, businesses, which have been laundered across international borders.
- It is part of a pilot project involving 52 countries (including India) and was launched after a request from Italy.
- It allows the nations to request information on various assets, facilitating the identification and location of these assets.
- These laundered assets can be seized or confiscated depending upon the national laws.
- The notice can play a crucial role in tracing and recovering assets linked to fugitive economic offenders and to check unaccounted black money transferred abroad.
- It is part of Interpol’s larger effort to combat transnational organised crime by targeting the financial gains of criminal networks.
- The project will run until at least November 2025, with 500 notices available among the participating nations.
About INTERPOL
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