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NEWS: Gangs involved in money laundering cause twice as much harm as other criminals

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NEWS: Europol says AI facial recognition technology could help stop ATM scams

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NEWS: Luxembourg’s CSSF regulator says new anti-corruption rules will be ‘focal point’ in money laundering fight

NEWS: None of 25 UK legal and accounting industry bodies ‘fully’ meet AML standards, FCA warns

By Paul O’Donogue, Senior Correspondent

Criminals involved in money laundering are responsible for much greater harm compared to those that are not, a new study has found.

The Australian Institute of Criminology (AIC) found that these groups tend to reinvest their proceeds into more criminal activity.

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NEWS: Europol says AI facial recognition technology could help stop ATM scams

 Premium

NEWS: Luxembourg’s CSSF regulator says new anti-corruption rules will be ‘focal point’ in money laundering fight

NEWS: None of 25 UK legal and accounting industry bodies ‘fully’ meet AML standards, FCA warns

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