At the 2025 Egmont Group Plenary, the Financial Intelligence Agency of Liberia (FIA) took a significant step toward strengthening international cooperation in the fight against financial crime by establishing a financial intelligence partnership. The FIA signed a Memorandum of Understanding (MOU) with its counterpart from the Bahamas, marking another new chapter in bilateral collaboration on anti-money laundering and counter-terrorist financing efforts.

The MOU, signed on the sidelines of the global summit of Financial Intelligence Units (FIUs), is intended to enhance the exchange of financial intelligence, improve investigative support, and foster joint initiatives to combat illicit financial flows.

“This MOU reflects our shared commitment to transparency, accountability, and the global fight against financial crime,” said FIA Officer-In-Charge, Mohammed A. Nasser. “Liberia is so optimistic, and we look forward to an impactful partnership with the Bahamas.”

The Egmont Group, which has a membership of over 170 Financial Intelligence Units worldwide, serves as a conduit to foster international cooperation and best practices in financial intelligence. The Liberia-Bahamas agreement is expected to bolster regional and global efforts to detect and disrupt networks of financial crimes.

The MOU also emphasizes the growing significance of cross-border collaboration in safeguarding the integrity of the global financial system.