Press Release From FID, May 1, 2026
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| Dennis Chung |
April 30, 2026, Kingston, Jamaica: The Financial Investigations Division (FID) has taken a significant step in strengthening Jamaica’s response to increasingly sophisticated financial crime by securing access to Asset Reality, a global platform that supports law enforcement and government agencies in the seizure, management, liquidation and withdrawal of virtual assets.
The agreement, which began on April 27, 2026, provides the FID with access to the Asset Reality Platform, along with onboarding and user training in critical functions. The platform also supports the custody, liquidation and withdrawal of virtual assets connected to investigations and asset recovery proceedings.
The development forms part of the FID’s wider effort to build capacity to trace illicit funds not only through the formal banking system, but also through blockchain-based transactions involving cryptocurrency and other digital assets.
Chief Technical Director of the FID, Mr. Dennis Chung, said the agreement represents an important investment in modern investigative and asset recovery capability: “Financial criminals are adapting, and Jamaica’s enforcement capabilities must adapt even faster. This platform will strengthen the FID’s ability to identify, secure, manage and recover illicit physical and virtual assets in a manner that supports investigations, protects the integrity of Jamaica’s financial system, and reinforces our international credibility as a serious partner in the fight against financial crime.”
The FID expects the arrangement to benefit local law enforcement through improved technical capacity, stronger asset recovery outcomes, and enhanced collaboration in cases involving digital assets. It will also support the protection of the Jamaican people by helping to deprive criminals of the proceeds of crime.
The partnership further signals Jamaica’s commitment to keeping pace with global standards in financial investigations, anti-money laundering enforcement and the responsible handling of emerging financial technologies.
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This is good news. Criminals are getting more and more sophisticated.
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