Representatives of the Corruption Prevention and Combating Bureau (KNAB) paid an exchange visit to a number of Icelandic institutions involved in financial investigation and analysis. The visit was carried out in the scope of the European Economic Area Financial Mechanism 2014-2021 programme “International Police Cooperation and Combating Crime” project “Support for the establishment of a whistle-blowing system in Latvia”.
During the visit, KNAB officials met with representatives from the prosecution office, the police, the Financial Intelligence Unit, Finance Iceland, and the banking sector. During the meeting, KNAB representatives were briefed on the aspects of financial investigation and analysis in criminal cases related to fraud and bribery of state and foreign public officials which have been investigated by Icelandic law enforcement authorities. The representatives of KNAB and Icelandic institutions also exchanged experience on public-private partnership models used in cooperation between law enforcement institutions, the Financial Intelligence Unit, and the financial sector.
The exchange visit took place from 2 to 3 March. The exchange of experience visit was carried out in the scope of the “Support for the establishment of a whistle-blowing system in Latvia” project, where KNAB receives European Economic Area grants from Iceland, Lichtenstein and Norway. The goal of the project is to promote public engagement in reporting corruption and other latent crimes, while simultaneously providing the public with a safe and convenient reporting channel, as well as improve the competence of KNAB in detecting corruptive criminal offences.