INTERPOL has launched its first 'Silver Notice' to track laundered assets across borders. Silver notices are part of INTERPOL’s new color-coded alert system, allowing countries to share information globally.
Requested by Italy, this first notice targets the assets of a senior mafia member. This pilot program, involving 52 countries, will last until at least November 2025 It will allow participating countries to submit up to 500 Silver Notices during the pilot phase.
They enable member states to publicly request details about assets linked to criminal activities, helping locate and identify laundered properties, vehicles, and accounts.
The initiative follows a warning from the Financial Action Task Force (FATF) that international asset recovery is often ineffective, with only “less than 2%” of crime proceeds being seized. INTERPOL Secretary General Valdecy Urquiza noted that targeting criminals’ financial gains disrupts their networks and reduces community harm.
Raffaele Grassi from Italy emphasized the importance of tracing money to tackle organised crime and believes Silver Notices will improve global asset recovery efforts. The initiative, approved at INTERPOL's 91st General Assembly, will see the General Secretariat review notices to ensure compliance with regulations.
More information on Interpol's Silver Notice can be found on their website.