HomeInterpol Silver Notice
To facilitate international cooperation and the exchange of information between different countries on criminal activities, INTERPOL has established a system of notifications. These notifications are classified by color coding, depending on the purpose of prosecuting persons. A relatively recent addition to this list is the Silver Notice. The introduced notice was designed as an effective tool to combat various money laundering schemes as well as to monitor shadow financial flows.
What is Interpol Silver Notice?
The concept of the Silver Notice was first introduced back in 2015 in Kigali, where the 84th INTERPOL General Assembly was held. The idea for the notification emerged in response to the need to strengthen the global response to economic crimes of varying degrees of complexity. The main goal was to develop effective tools and methods that could prevent money laundering attempts and counteract shadow financial transactions.
The Interpol General Secretariat was tasked with creating a template for a new notification and calculating future costs in order to implement such a tool. This task was to be completed by 2016. However, despite the set tasks, the implementation of the silver notification was not realized within the planned timeframe.
Therefore, the first changes in this matter were only noticed in 2022. Since that time, Interpol has shown significant interest in addressing issues related to global corruption and financial crimes. As a result, it was decided to create the Interpol Financial Crime and Anti-Corruption Center (IFCACC), which focuses on developing and implementing strategies to counter economic crime internationally.
In 2022, when the 90th General Assembly was held in New Delhi, Interpol approved the launch of a new project to test the quality of the Silver Notice. The creation of the Expert Working Group is also noted as additional resolutions. It was decided that the Expert Working Group will present the first results of its work to all participants at the 91st General Assembly in 2023, which will be held in Vienna.
What is the Main Purpose of the Silver Notice?
The INTERPOL Silver Notice was designed to monitor the activities of individuals who are involved in the financing of terrorist activities in various countries. It also monitors offenders who specifically use different types of virtual currencies (e.g. bitcoins) to move, store illegal funds. This notification applies to persons involved in financial fraud, money laundering in order to hide their actions from law enforcement agencies and other regulatory authorities.
The Risks Related to Silver Notices
All Silver Notices are issued exclusively by Interpol and their review and issuance is governed by the articles of the organization’s Statutes. These notices may have a number of legal consequences, including:
- extradition;
- fine;
- confiscation of funds used in fraudulent schemes;
- arrest, and more.
However, as with the red notice, a silver notice can be used unfairly against a particular individual. Frequent cases of misuse of such notifications require qualified legal support. After all, in such a situation, suspects can face serious issues regarding their freedom of movement between countries, as well as negative consequences for their property and personal life.
Which of our lawyers work with Interpol Silver Notices?
Dmytro Konovalenko, is a lawyer with many years of experience in dealing with the Interpol Notices. Dmytro has successfully challenged Silver, Red, Green and Blue Notices for clients from Europe, Asia, the Far East.
Anatoliy Yarovyi, lawyer, Doctor of Laws. Anatoliy specializes in appeals against INTERPOL Notices, including Silver, Red, Green and Blue notices.
How Can We Help You With Your Silver Notice Defense?
Interpol’s skilled lawyers have extensive experience in dealing with various types of notices, including red, blue, yellow and other types of cards. If you are facing a wrongful silver notice, it is highly recommended that you seek professional legal help immediately.
- Develop the best strategies for your particular Interpol notice.
- Resolve disputes and situations both in court and in pre-trial proceedings.
- Ensure the protection of human rights, interests and freedoms in court and in interaction with law enforcement agencies.
- Handle a variety of extradition-related matters, relying on international conventions.
- Compile a package of necessary documents complying with all applicable rules, regulations and laws.
For a consultation, contact qualified lawyers right now. Do not put off solving your problem “for later”!
