Tackling financial and economic crime through strategic intelligence: The EMPRISES Framework

For the successful monitoring and combatting of Serious Organised Economic Crime (SOEC) and fraud, further integration of Member States systems across Europe is needed. This paper describes a system for strategic intelligence management providing a more coherent and coordinated approach for detecting and deterring SOEC and fraud. The EMPRISES framework increases the effectiveness of communication between Member States by developing an agreed common language (taxonomy) of SOEC and fraud with automated multi-lingual support. By appropriating and applying existing business tools and analysis techniques to the illegitimate businesses of SOEC and fraud, this new system can support Member States to better target these crimes and the criminals involved.