Lahnstein emphasised the need for more knowledge about the role of financial institutions and greater transparency in relation to the international flow of capital as critical factors in the effort to unearth and seize revenue from organised criminal activity.
Lahnstein also stated that Norway will work with the UN’s Office on Drugs and Crime (UNODC) to conduct a study where the flow of capital from international organised crime will be documented in greater detail – i.e. where the money is coming from, how it’s being transferred, and how its origin and ownership are kept hidden.
To increase transparency and make it more difficult for organised criminals to hide their proceeds is one of the most effective measures of fighting organised crime, Lahnstein argued.