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The world’s dirty money by the numbers – POLITICO


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Regulations are in place — but 99 percent of criminal proceeds still escape control in the EU.



This article is part of the special report Europe’s dirty (money) secret.

Thanks for the effort, but you really need to do better.

Some EU countries are among the best in the world at implementing technical recommendations to combat money laundering, but this doesn’t necessarily lead to impressive results: In the bloc, only 1.1 percent of estimated illicit proceeds are seized by authorities. The rest remains in the hands of criminals.

The situation is no better elsewhere. Financial control leaders around the world admit the current framework for reporting suspicious activity is not effective enough: Up to 9 in 10 reports submitted to authorities have no immediate value to investigators.

Here’s a look at money laundering in figures and charts.


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