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NEWS: Estonia’s FIU acknowledges need for improvement in money laundering cases

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NEWS: Sweden’s Financial Supervisory Authority requests powers to screen senior finance workers

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INSIGHT: Banks warned of compliance risks as US issues $1.5bn fines for Russia sanctions breaches 

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LATEST: Croatia, Cyprus and Lithuania get upgraded ratings after tightening AML measures

By Paul O’Donoghue

Estonia’s Financial Intelligence Unit (FIU) has criticised itself, saying it has “significant room for improvement” after struggling to progress money laundering cases.

In the foreword for its 2023 Yearbook, Matis Mäeker, the head of the FIU, highlighted a lack of consequences for those involved in fraud and money laundering.

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Premium

NEWS: Sweden’s Financial Supervisory Authority requests powers to screen senior finance workers

 Premium

INSIGHT: Banks warned of compliance risks as US issues $1.5bn fines for Russia sanctions breaches 

 Premium

LATEST: Croatia, Cyprus and Lithuania get upgraded ratings after tightening AML measures

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