LATEST: INTERPOL launches first ever ‘Silver Notice’ – new international alert to trace criminal assets

BY PAUL O’DONOGHUE, Senior Correspondent

INTERPOL has issued its first-ever ‘Silver Notice’, aimed at tracing assets laundered across international borders.?

The inaugural Silver Notice, requested by Italy, seeks details about the assets of a senior mafia member.

Silver Notices are the newest addition to INTERPOL’s colour-coded alert system, which enables countries to share information and requests globally. This pilot initiative, involving 52 countries, will run until at least November 2025.

Silver Notices and Diffusions allow member countries to publicly request information on assets tied to criminal activity. These notices can help locate and identify laundered assets—such as properties, vehicles, financial accounts, and businesses. The information gathered can be used for asset seizure or recovery under national laws.

“Stripping criminals of their illegal profits is one of the most powerful ways to fight organized crime, especially since 99% of criminal assets remain unrecovered,” said INTERPOL Secretary General Valdecy Urquiza. “By targeting their financial gains, we disrupt networks and reduce their harm to communities.”

Raffaele Grassi, Deputy Director General of Public Security in Italy, added: “This initiative, led by investigators in Palermo, underscores the importance of following the money to tackle organized crime. We believe Silver Notices will boost global asset recovery efforts.”

INTERPOL’s 91st General Assembly in 2023 approved the pilot. The General Secretariat will review each notice to ensure compliance with INTERPOL’s rules, including the prohibition on political misuse.

Participating countries can collectively request up to 500 Silver Notices during the pilot phase.

A BIG DATE IN YOUR DIARY FOR 2025, A MILESTONE EVENT IN THE FIGHT AGAINST FINANCIAL CRIME

Dublin, Ireland, 7 May 2025

The European Anti-Financial Crime Summit will take place on May 7th of next year in Dublin, Ireland. This in-person event is set to be the stand-out Anti-Financial Crime Summit event of 2025. This unmissable conference takes place at the RDS Convention Centre near central Dublin and will feature regulators, policymakers, industry leaders and law enforcement chiefs. Secure your EARLY BIRD place today!

We hope you enjoyed reading this article

If you would like unlimited access to AML Intelligence premium articles, newsletter delivered twice a week, access to our Global Bank Fines and Penalties database, free access to Boardroom Series events and much more, select one of our subscription options and become a subscriber!