What is a key objective of the Egmont Group?

What is a key objective of the Egmont Group?
A . To find ways to promote the development of Financial Intelligence Units and the sharing of expertise.
B . To safeguard the financial system from illicit use and combat money laundering and promote national security.
C . To issue binding standards that establish consistently operated Financial Intelligence Units in member jurisdictions.
D . To provide best practices for financial institutions on how to report suspicious activity to best share the information with law enforcement.

View Answer

Answer: B

Explanation:

Reference: https://egmontgroup.org/en