The European Union Agency for Law Enforcement Cooperation (Europol) was created in 1998 to combat cybercrime, terrorism and other forms of organized crime. Since 2016, Europol has conducted annual anti-money laundering operations known as European Money Mule Actions, or EMMA. On December 2, 2021, Europol announced the results of EMMA 7, which was conducted from September to November 2021 with the cooperation of 26 countries and multiple law enforcement partners, financial institutions and private-sector businesses.