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To regulate with integrity, enforce the law fairly, and protect investors through proactive supervision, decisive enforcement, and transparent communication

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Tracer — case TR-2209 ANALYSING

Crypto Retrieved BTCUSD

Hash0x7e3b…e6285

BlockchainBitcoin

Date22 May, 03:09

From

0x3BEb866D5…4.39736 BTC

0x3BEb866D5…1.66183 BTC

0x3BEb866D5…4.81033 BTC

0x3BEb866D5…0.07559 BTC

Built against the standards supervisors are audited on

FATF Recommendation 15 Egmont Group principles ISO 27001 aligned Data protection compliant In-country residency

Everything a supervisor needs to see, act on, and prove

Modules are licensed individually. Most agencies start with report triage, then add registry and tracing as coordination widens.

Report triage

Licensed entities file through a structured channel. Reports are validated, deduplicated and ranked before an analyst opens one.

STRRANKING

VASP registry

One record of who is licensed, who is in incubation, who holds banking access and who is under review — reconciled nightly.

LICENCERENEWALS

On-chain exposure

Address and transaction screening against sanctions lists, mixers, darknet markets and known theft clusters.

SCREENINGOFAC

Fund tracing & recovery

Follow stolen funds across chains and bridges, find the exchange where they land, and generate the freeze request package.

TRACINGFREEZE PACK

What supervision looks like when the data is in one place

Analyst capacity is the constraint in every financial intelligence unit. FMIR does not replace the analyst — it puts the right thirty reports in front of them first.

73%of reports resolved without analyst escalation

4.2 hrsmedian filing to first decision

100%of decisions carry an audit trail

Nightlyregistry reconciliation across agencies

Figures model target pilot performance. Replace with measured values before publication.

How a report moves

From filing to escalation, without the queue

Filed

A licensed VASP submits through the portal or API in a validated schema.

Enriched

Addresses are screened and linked to known entities and prior cases.

Ranked

Each report gets a risk score with the factors that produced it shown.

Reviewed

An analyst confirms, downgrades or escalates. Every decision recorded.

Disseminated

Escalated cases route to the agency with the mandate to act.

The supervisory console

Every case, every agency, one queue ordered by risk rather than arrival time.

Priority queueLIVE

Layered outflow to unhosted walletsSTR-4471 · Exchange operator · 14 linked addresses

Intelligence unitEscalated

Sanctioned counterparty exposureSTR-4468 · OTC desk · second-hop match

Intelligence unitIn review

Travel Rule data incompleteREG-0233 · Custodian · 9 transfers missing originator

Market conductNotice sent

Settlement account mismatchCB-0912 · Designated VASP account

Central bankAssigned

Structuring pattern — cleared on reviewSTR-4459 · Payment provider · analyst closed

Intelligence unitClosed

5 ITEMS IN VIEWLIVE CMS DATA

Fund tracing

Follow the money to a point where someone can act on it

Tracing is only useful if it ends somewhere with a compliance desk. FMIR follows funds across chains and bridges until they reach a service that can freeze, flag or answer a lawful request.

✓Cross-chain and bridge-awareMovement is followed through bridges and swaps, not stopped at the chain boundary.
✓Evidence preserved, not summarisedEvery hop keeps its raw transaction reference so the trail holds up in proceedings.
✓Honest about limitsTracing shows where funds went. Only an exchange or a court order can return them.

See a full trace →

TRACE TR-22095 HOPS · 2 CHAINS

1Incident walletReported by licensed exchange418.2 ETH

2Mixing serviceKnown pooling contract418.2 ETH

3Bridge transferChain hop detected411.9 ETH

4Consolidation wallet7 inbound addresses merged396.4 ETH

5Exchange depositCompliance desk contactable396.4 ETH

✓ Freeze request package ready

Recovery tracking

Every case linked to a jurisdiction and a landing service

Tracing only matters when it ends somewhere a request can be served. Cases are grouped by corridor so the pattern across jurisdictions is visible, not just the individual file.

Active corridors

Frozen Open Trail exhausted

CMS locationsClick a route or marker to open the linked case.

📍 London → DubaiRC-1180 · 2 chains · Licensed exchange £1.84m Frozen pending order
📍 Lagos → LondonRC-1174 · 1 chains · Payment provider ₦940m Open — tracing active
📍 Frankfurt → SingaporeRC-1169 · 3 chains · Custodian €612k Frozen pending order

Select a corridor to open the case record. All figures shown are demonstration data.

Collaboration

Who we work alongside

Cross-border recovery depends on the receiving institution answering. These relationships are what turn a trace into an outcome.

Research & insight

Published analysis

Original research on movement patterns, reporting quality and recovery outcomes.

RESEARCH · 2026 12 Feb 2026 · 8 MIN READ

Why reporting delay decides recovery outcomes

Across a sample of traced cases, the interval between incident and first report predicted outcome more strongly than value, chain or method used.

Read analysis → ANALYSIS · 2026 28 Jan 2026 · 6 MIN READ

FMIR urges young adults to check for unclaimed Child Trust Funds

Thousands of young adults could be sitting on a forgotten pot of savings as they head back to college and university.

Read analysis → METHOD · 2025 09 Dec 2025 · 11 MIN READ

Explainable risk scoring for supervisory queues

An analyst who cannot open a score cannot defend the decision that followed it. Explainability is an evidential requirement.

Read analysis →

All publications →

Why agencies choose FMIR

The bottleneck was never willingness to act. It was that three teams held three versions of the same case and none of them matched.

Explainable scoring mattered more than accuracy. An analyst cannot defend a number in a hearing if they cannot open it.

Starting with one module on one team was the only version of this that was ever going to get through procurement.

Placeholder quotes. Replace with attributed statements before publication.

Coordination is a mandate. Make it operational.

We brief agency teams on scope, deployment model and pilot design — no procurement commitment required.

Request a briefing About FMIR