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NEWS: Dutch FIU laments ‘premature’ wind down of TMNL; highlights money laundering through labour-intensive sub contractors in CCMs

By PAUL O’DONOGHUE, Senior Correspondent THE Dutch FIU has said the decision by the country’s main banks to wind down their AML coalition seems “premature”. FIU-Nederland highlighted a practise it referred to as ‘CCM’, whereby criminal cash is used to (partially) pay staff in labour-intensive sectors such as healthcare, parcel delivery and construction. These payments…

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