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Digital solutions present an ‘immense’ opportunity to improve efficiency at FIUs, says FATF and Egmont Group

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By Dan Byrne for AMLi

Digital advances have the potential to bring “immense opportunities,” to those working in Financial Intelligence Units, a new report from FATF and the Egmont Group has said.

The global financial crimes watchdog and the world forum for FIUs have jointly praised the potential of improving technologies, saying that stakeholders attached to both organisations have been turning increasingly to digital tools to complete tasks.

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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